Managing Tax Garnishment


Wage garnishment help

Tax laws can be confusing. Just look at the 1040EZ which, as its name implies, is the easy tax form. This form, the simplest one to fill out, has 33 pages of instructions. No wonder there are, according to the Cato Institute, some 1.2 million tax preparers in the United States. It is also no wonder that there are many people who owe money in taxes, and that there are some who need help trying to stop IRS garnishments of their wages.

When someone can not pay his or her taxes, the IRS can issue a levy, or legally seize the taxpayers possessions. This practice dates back to 1791, according to the U.S. Supreme Court. The IRS can levy assets whether they are in the taxpayers possession, or in the possession of a third party, such as a bank. Under certain circumstances, there can even be a levy on the house that a taxpayer is living in, but first, the IRS must go to court to get the permission of a federal magistrate.

The IRS can also take money right out of your paycheck by garnishing wages. It is a common misconception that there is no way to stop IRS wage garnishment once it has been put into motion, but that is not true. There are some tips on how to stop IRS wage garnishment. One of the most common, and perhaps most obvious ways to stop Irs garnishment is pretty basic. You can just contact the IRS and ask a simple question. “How can I stop wage garnishment?”

Sometimes, you are able to set up an installment plan with the IRS to stop wage garnishment. The IRS would rather get your money in installments than not at all. Calling or sending an email asking to stop irs garnishment certainly could not hurt, and is a good place to start. If you owe 10,000 dollars or more in taxes, you should get help. There are many tax experts available to help you stop IRS garnishment.


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