- Category: Individual Taxes
- Written by Madeline Delanni
- Hits: 3977
A Wage Garnishment is one of the most difficult ordeals a person can live through. You cannot ignore an Internal Revenue Service (IRS) Wage Garnishment until it goes away. The most dangerous thing you can do is stick your head in the sand. A Wage Garnishment is the most effective collection method the IRS has, and they can collect from you every pay period for years. The longer it goes on, the harder it is to dig yourself out. Here are six Wage Garnishment Facts and other helpful information:
Six Wage Garnishment Facts
- Your employer is usually the first to receive the Wage Garnishment notification.
- Wage Garnishments open up your private tax debt problems to your co-workers.
- Employers often fire an employee when the Wage Garnishment notice is received.
- Most people find that a Wage Garnishment makes their bills unaffordable.
- It does not prevent any other aggressive action from the IRS.
- If you are a contractor receiving 1099s, the IRS will take your entire check.
An IRS Wage Garnishment does not take out a percentage of your income. The IRS has very rigid Wage Garnishment guidelines. As indicated previously, 1099 contractors will receive no payment at all. For W2 employees, how much you are left with is based on your filing status and how many exemptions you are allowed to claim on your W4. For example, this IRS Wage Garnishment Table shows that a single mother with one child, filing as Head of Household, would take home $376.90 a week. Clearly, this kind of IRS Aggressive Action can land you in the poor house.
Six Reasons Why You Need a Tax Attorney
- You need an Official Agreement with the IRS to end or prevent a Wage Garnishment.
- The IRS uses pressure tactics to force you into an unaffordable payment plan.
- The IRS will coerce you into disclosing information that will leave you vulnerable.
- Giving Power of Attorney to a Tax Attorney prevents further aggressive action.
- A Tax Attorney works with an IRS official with real authority on your behalf.
- A Tax Attorney can end a Wage Garnishment and put you in the best possible situation.
Hiring a Tax Attorney to end a Wage Garnishment ensures that tax debt will disrupt your life as little as possible. Not only will your Wage Garnishment worries end, but you will also be placed into an agreement that will prevent any other aggressive action as well.