Tax Debt Relief and Wage Garnishment
When you owe money to the IRS, the agency can opt for wage garnishment just to secure collections. The concept of wage garnishment is the same as that of IRS Levy. If you don't want the IRS to use wage garnishment, you have to negotiate for a tax debt relief solution.
Your employer will get a notice from the agency with the instructions of withholding a certain amount of your wages. The withheld amount will be paid by the employer to the IRS directly. You have to know that your employer can't refuse this arrangement, or else he will he held liable.
If you're earning a small income, and you're facing financial problems, wage garnishments can only make your life miserable. To put a stop to wage garnishment, you will need the assistance of an experienced tax specialist. The monthly paychecks are very important, especially for breadwinners.
By working with a professional, you can prevent this from happening. The tax specialist will negotiate with the agency. In most cases, the professional can help you in preparing a reasonable payment plan that you can manage every month. This plan will be presented to the IRS for approval.
Just in case your payment plan is not approved, there are other options available. If the IRS insists on wage garnishment, the professional can help in lowering the amount which is also reasonable for the debtor. You can as well ask the professional in helping you file for Currently Not Collectible.
If you want this option, you should be able to prove that your income is not sufficient in meeting your family's needs and in paying for your dues. With enough evidence or proof, the IRS might agree but still, you will have to pay your debts within the next ten years. Services of professionals can vary, and so you have to shop around for the right tax representative.
Always work with someone who charges minimal service fees, and you have to ensure that the tax specialist has a good background. Solve your problems with tax debt relief and prevent wage garnishment. If you want the IRS people to come after you, negotiate at once.
Your employer will get a notice from the agency with the instructions of withholding a certain amount of your wages. The withheld amount will be paid by the employer to the IRS directly. You have to know that your employer can't refuse this arrangement, or else he will he held liable.
If you're earning a small income, and you're facing financial problems, wage garnishments can only make your life miserable. To put a stop to wage garnishment, you will need the assistance of an experienced tax specialist. The monthly paychecks are very important, especially for breadwinners.
By working with a professional, you can prevent this from happening. The tax specialist will negotiate with the agency. In most cases, the professional can help you in preparing a reasonable payment plan that you can manage every month. This plan will be presented to the IRS for approval.
Just in case your payment plan is not approved, there are other options available. If the IRS insists on wage garnishment, the professional can help in lowering the amount which is also reasonable for the debtor. You can as well ask the professional in helping you file for Currently Not Collectible.
If you want this option, you should be able to prove that your income is not sufficient in meeting your family's needs and in paying for your dues. With enough evidence or proof, the IRS might agree but still, you will have to pay your debts within the next ten years. Services of professionals can vary, and so you have to shop around for the right tax representative.
Always work with someone who charges minimal service fees, and you have to ensure that the tax specialist has a good background. Solve your problems with tax debt relief and prevent wage garnishment. If you want the IRS people to come after you, negotiate at once.
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