Dealing With Wage Garnishment

Failure to respond to repeated notices and warnings will likely compel the IRS to employ one of their most forceful tax collection tactics - wage levy, more commonly referred to as wage garnishment. Wage garnishment is one of several methods available to the IRS to collect your tax debt without you paying them voluntarily. Here's how it works: Your employer is contacted by the IRS and becomes legally obligated to take a portion of your wages and remit it to the IRS in satisfaction of your tax debt.

How much of my wages can the IRS garnish? Based on the prevailing guidelines, as much as 80% of your wages can be garnished until your tax liability is completely satisfied, which can significantly impair your comfort of living. Wage garnishment is a potentially damaging collection action that should not be underestimated.

The IRS is granted the authority to seize several different types of wages, including salaries, bonuses, commissions, and even retirement and pension income. Yet it remains the IRS would rather you establish a payment arrangement than impose a wage garnishment against you.

If your wages are currently being garnished, our experienced representatives will work to facilitate the release of your wage garnishment. With the levy placed on hold status, we will then be able to negotiate with the IRS on your behalf to pursue the most favorable tax resolution for which you qualify.

If the IRS has notified you of its intention to garnish your wages, please do not delay. Acting quickly can allow you to avoid the consequences of the IRS making good on its threat to instate a wage garnishment against you. Call us today for help.