Revealed! Information on Handling IRS Wage Garnishment
Most people shudder at the prospect of enduring an IRS wage garnishment. A levy is among the most ruthless tactic that the IRS can use to make you pay your tax dues. The procedure is quite simple, the IRS asks your employer to deduct a part of your salary at source and forward it to the IRS towards your outstanding tax payments. Unfortunately, they can ask your employer to withhold as much as 80 to 85% of your salary. Which means that if you make $3000 per month, you may have to make do with less than $1000, can you really live on that much in these times? If not, read on.
Your employer will not have a choice because if he/ she does not hold back the IRS stipulated part of your salary, he/ she will be responsible for making the payment for you, and the logic is quite simple why should your employer pick up after you. The IRS will usually send a notice to your employer asking him to withhold a percentage of your paycheck under wage garnishment, and this is definitely a terrible prospect because you may have to endure this till all your dues are paid and you are never going to see that part of your hard earned money.
Wage garnishment is one of the most drastic measures that the IRS can take to recover their dues. However, the good news is that you can get your wage garnishment released depending on your specific situation. But you will need to enlist the help of a tax professional such as an accountant and a tax attorney, who will be able to provide you with the appropriate council and advise you on what needs to be done to prevent more damage.
Like with all other matters concerning the IRS, wage garnishment or levy also had its fair share of rule and regulations and the release of wage garnishment. Unfortunately the IRS is not only tough on you but also on their employees so if an IRS collector does not follow these norms, he or she may have to face dire consequences. This simply mans that you are on your own, so it may be worth your money to get a good Dallas tax attorney on your team when trying to sort this matter out with the IRS. There is no way for you to find out if there is really no other recourse for the IRS besides wage garnishment or if they are just trying to hassle you, the only person who will be able to give you an emphatic answer will be a tax professional because there are times when the IRS plays hard ball.
After all it is the taxman’s job to recover his dues in the least possible time with little regard for what you have to go through to make those payments and this is one of the reasons for wage garnishment. Now not all IRS employees are monsters like you perceive them to be, some of them can be very nice and polite; however, they all have the same agenda to make you pay up, so does it really matter if some of them like to play the good cop while others go for the role of the bad cop?
Now, since this is an extremely sensitive matter, you need to tread carefully, not only should all your records, documents etc be in place but also you need to take the utmost care when picking your tax professionals. Ensure that you take a look at their success rate in releasing wage garnishments. If possible, talk to some of their clients to find out if their success story was because it was their lucky day or because the tax attorney knew what he was doing. One of your tax attorney’s jobs will be to ensure that the IRS does not trample your rights and they do not break their own rules. To do so, he will need to have an in depth understanding of the IRS laws so pick somebody who has a fair amount of experience.
Author Bio: Seomul evans is a Website Marketing Services consultant for Tax Attorney Texas and Dallas IRS Attorney
Category: Legal
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