A Brief Outlook on the IRS Wage Garnishments

If you haven't paid your taxes, this is not a good situation. IRS will try all sorts of things to receive taxes from you. One of their well-known methods is wage garnishment. It means they will take a chunk of your monthly income. You will not like that situation as it can tarnish your reputation in society. If you are already in that situation, this blog will help you find a possible solution for that.

Are Levy and Garnishment the Same?

Before coming to a solution, let's discuss whether levy and garnishment are the same or not. Often people confuse these two terms. Levy is a situation when IRS freezes all of your assets and income.

In this situation, the whole amount of your monthly wage will go directly to the IRS until your debt is paid. For garnishment, you need to give a certain percentage of your income. Clearly, both are not the same. For better understanding, contact top IRS attorneys.

IRS Wage Garnishment Protocol

If IRS finds it necessary, they can issue a wage garnishment by a court order. When this is issued in your name, a fixed percentage of your income or asset will go to the IRS account for settling your tax debt. This will continue on a monthly basis until your full debt is paid.

When you receive a notice regarding wage garnishment, it will be a part of your payroll process. Title 3/1 of the consumer credit protection act has clearly mentioned it. According to the law, until the debt is paid with interest, an employer can't release that employee. If you find it difficult to understand these technical terms and conditions, we recommend hiring the best tax attorney in California.

How to Fight Back

The first step in fighting a wage garnishment is to protect your assets. When you owe a lot of money to the IRS, they try to levy your assets; our first job is to defend that. Three things the IRS will try to do. First, they will claim your property and try to pass a levy. Second, they will seize and sell your property to claim their payment, and at last, they will seize your wages, accounts, licenses etc.

You can contact the IRS in this period and persuade them not to do all these. For that, you will need a good tax lawyer in Sacramento, CA. He will represent you in front of the IRS on your behalf. Together you can appeal for a Collection Due Process hearing with IRS officials. Remember you need to apply within 30 days of the date of the Levy notice. You can avoid tax levies by declaring yourself bankrupt. There will be an automatic stay order on the levy.

Apart from that, your attorney can negotiate with the IRS and cut a deal favouring you, where you will get some time and instalments to pay your debt. Once you hire experienced tax personnel, they can take care of all the legal matters.