Wage Garnishment Relief
What is Wage Garnishment?
If you owe money to the IRS, they can legally take collection actions against you. This includes, but is not limited to, garnishing your wages.
30-Day Notice
When the IRS moves to garnish wages, the agency contacts you and your employer. If you haven’t paid in full or set up a payment plan within 30 days, your employer must begin sending a portion of your paycheck to the IRS.
No Court Order Required
Unlike private creditors, the IRS doesn’t have to take you to court and win a judgment to garnish your wages. They can act under their own collection authority.
25%–50% of Earnings
The IRS has wide discretion in how much to garnish. Generally speaking, they can take 25%–50% of a taxpayer’s earnings, depending on the circumstances.
Can You Stop a Garnishment Once It Starts?
Wage garnishments are essentially the IRS’s way to put the taxpayer into an installment plan (albeit, an involuntary one). Once the IRS begins garnishing a person’s wages, there are two primary ways to put a stop to future garnishments going forward.
Negotiate an Alternative Plan
Work with the IRS (or your legal representative) to negotiate an alternative payment plan, such as an offer in compromise, a formal installment agreement, or another resolution option.
Pay Your Back Taxes in Full
Pay your outstanding tax balance in full to the IRS. Once the debt is satisfied, the wage garnishment can be released.
Help Stopping Wage Garnishment with Optima Tax Relief
As one can imagine, wage garnishment can create severe financial hardship. Working with qualified tax professionals, such as the team at Optima Tax Relief, can help you successfully resolve wage garnishments, bank seizures, property liens, and other IRS collection actions. Our tax attorneys and licensed tax professionals work tirelessly on behalf of taxpayers, fighting to protect their rights and their assets. Call us today and receive a free consultation today with one of our associates.
Optima Tax Relief, LLC is a tax resolution firm independent from the IRS. This content is made available for informational and educational purposes only. Nothing included in the content should be taken as a guarantee, warranty, prediction, or representation about your specific situation. This content is not intended to be a substitute for professional advice and services. We encourage you to consult with a tax professional to discuss your specific tax matters. Individual results may vary. We do not provide tax, financial, bankruptcy, accounting, or legal advice and nothing contained in this content is intended nor shall be construed as such.
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