| HOW TO RELEASE A WAGE GARNISHMENT | | | | 15% of the wages to minimize back taxes that were |
| What is Wage garnishment? | | | | not paid on the time it is due. |
| IRS will garnish your income or social security benefits | | | | What are the possible options to release a Wage |
| to satisfy a tax liability. A portion of your income or | | | | Garnishment? |
| whatever it is that you are earning will be sent directly | | | | - Pay the entire tax liability. Once you have paid the |
| to IRS and you will be left with very minimal amount to | | | | amount in full, it automatically releases your wage levy. |
| supply and survive your day to day living. A lot of | | | | - Propose and negotiate with IRS for an installment |
| families have suffered from the enforcement of this | | | | payment plan |
| federal collection activity. This is a continuous levy until | | | | - File for an Offer in Compromise |
| you have fully paid your tax liability. | | | | - Look for another employer or you may also quit your |
| What are the common types of Wage Garnishment? | | | | job for the meantime. Either you or your employer can |
| - Employee Garnishments - If you are earning | | | | inform IRS that you already quitted the job and IRS will |
| sufficient amount of income, your salary can be | | | | chase you at your new job which would usually take |
| garnished meaning, the IRS will demand from your | | | | months to hunt you down. When IRS is already |
| employer to take a portion of your wages up to 65% | | | | notified, the IRS wage garnishment is no longer |
| to pay your tax debts. | | | | applicable and is considered void. |
| - 1099 Garnishments - This is a one-time levy | | | | - File for bankruptcy. Wage garnishment can be |
| applicable to independent contractors or | | | | released automatically but you have to also prepare |
| subcontractors that are not included on the regular | | | | for the consequences. Even though some of your |
| payroll. This levy is placed to 100% of the amount not | | | | wages are exempted from garnishment according to |
| yet paid to the sub-contractor during the garnishment is | | | | the law, the amount left from your salary will not be |
| acquired. | | | | enough to cover up your daily necessities and your |
| - Federal Payment Levy Program (FPLP) - Is applied | | | | family’s needs. Wage garnishment must be |
| to government employees and to those who are | | | | stopped and you should know what your possible |
| benefiting from Social Security payments. According to | | | | options now and get assistance from an experienced |
| the Federal Payment Levy Program, IRS can take | | | | IRS tax attorney immediately before the deadline. |