| Through wage garnishment the IRS is able to indirectly | | | | scares employers into doing what the IRS tells them. |
| collect the money that is owed to them. This is a | | | | After all, they do not want to be liable for taxes that |
| process that only takes place after you have a | | | | you owe. |
| chance to pay in a more traditional manner. The IRS | | | | The IRS has the ability to garnish salaries, wages, |
| will not begin to garnish your wages until you have had | | | | commission, and bonuses. Once a garnishment is |
| the chance to comply. | | | | implemented, the IRS usually takes up to 25 percent of |
| Before the actual process begins, the IRS will follow a | | | | your pay. The amount that is garnished depends on |
| few steps. First, the IRS will assess a tax liability for | | | | how much you owe, and of course, the amount of |
| you and send you a notice demanding payment to the | | | | your paycheck. |
| last address they had on file for you. Second, if you | | | | The IRS does not care if wage garnishment will put |
| neglect to respond to these letter the IRS will typically | | | | you in a bad financial position as far as paying your |
| send you another notice. If you fail to respond after | | | | other bills. They gave you enough time to find another |
| the 2nd notice, they will send you a final notice of | | | | payment option, and by now they are fed up and |
| "Intent to Levy" and give you 30 days to respond or | | | | doing whatever it takes to get the money that is owed |
| comply before issuing a wage levy (wage | | | | to them. |
| garnishment). | | | | The levy will remain until the IRS has garnished enough |
| If you fail to respond after 30 days, your employer will | | | | money to satisfy your total debt or you obtain a |
| be contacted. The IRS tells them how much money to | | | | release by setting up a payment plan or some other |
| take from each paycheck and send to them. They do | | | | settlement mechanism. Without any action, the duration |
| not even include you in the process. This is something | | | | of the wage levy depends on your debt, as well as |
| that the IRS agrees to with your employer - there is | | | | how much is being taken from each paycheck. Of |
| no way you can stop this from happening without first | | | | course, you have the ability to pay the IRS during the |
| working some sort of agreement with the IRS. Some | | | | wage levy process as to pay off your liability faster. |
| people believe that they can have their employer turn | | | | The IRS wage garnishment process is quite simple. |
| down the IRS; this is not the truth. If your employer | | | | They decide how much money to take, and continue |
| neglects to comply, they will be responsible for the | | | | to do so out of each paycheck until your debt is |
| money that is to be collected. As you can imagine, this | | | | satisfied. |