July 21, 2008
How To Address Wage Garnishment By The IRS
When you hear about the IRS garnishing somebody's wages, you have to know that it is absolutely as bad as it sounds. Before you ever have the chance to see it, they collect your money from your paycheck. You don't receive any of that money since it goes directly to the Internal Revenue Service from your employer. The company has no choice but to remove a significant portion of your paycheck if they get an IRS notice that you're under wage garnishment.
In a wage levy, a considerable 80-85% of your net pay is deducted drastically by the IRS. Out of $1000, you'll only be bringing home a meager $200.
You may be able to get the wage garnishment released by the IRS, depending on your particular situation. It's good to work with a tax lawyer or other tax professionals who are experts in these matters and can give quality counsel.
Levy guidelines are familiar to tax professionals. They will be able to know if you still have other choices or not. Being helpful is one thing the IRS is not known for.
The IRS wants to take money from you in the shortest possible time, that is why your wages are garnished. This is each IRS officer's task. Because it's part of their job, they can ruin your life, even if they are polite and nice.
You need a tax attorney or any tax professional who are not merely knowledgeable of the IRS rules, but also have a successful track record in dealing with the IRS regarding wage garnishments. This way, you are sure that your case goes through the right channels and that the IRS follows their own rules.
Because proceedings may take some time, it is better to pick a tax professional that you can work with easily. As much as possible, you should make it easy for yourself.
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