| When the IRS and taxpayer fail to come to an | | | | they are so lazy in moving forward in finding a solution. |
| agreement or if a taxpayer does not pay back taxes, | | | | If the IRS decides to levy your wages an order to do |
| often times the IRS will utilize a powerful collection | | | | so is sent directly to your employer - there is no way |
| mechanism called a levy. In many cases, this means | | | | around this. You may think that speaking with your |
| IRS wage garnishment or an IRS wage levy. No | | | | employer will help, but this has no bearing on what |
| matter what you call it, remember this: it is a very | | | | happens. Simply put, the IRS is in charge. |
| serious situation that you do not want to be in because | | | | While the IRS will not take all of your paycheck, they |
| the IRS will contact your employer and deduct taxes | | | | will take a certain percentage to ensure that they are |
| you owe from your wages or a paycheck. | | | | getting what is theirs sooner rather than later. |
| If you owe taxes and are avoiding the IRS there is a | | | | There are several ways to release a wage |
| good chance that you will face wage garnishment in | | | | garnishment including: paying your tax debt, the |
| the very near future. Of course, before this happens | | | | collection time passed by before the garnishment |
| the IRS will send out Letter 1058 - Final Notice of Intent | | | | started, the release will mean you can pay your debt, |
| to Levy. Within 30 days it is up to you to do something | | | | the levy is causing extreme hardship, and you enter |
| about your situation. For most, this means requesting a | | | | into an installment agreement or offer in compromise. |
| Collection Due Process Hearing. You can be assured if | | | | The best way to avoid IRS wage garnishment is to |
| you don't do anything the wage garnishment process | | | | pay your tax debt as soon as possible. If you receive |
| is going to begin. | | | | a Final Notice of Intent to Levy you better take it |
| The IRS has the right to seize any property that you | | | | seriously. This means that the IRS plans on moving |
| own. Some people do not believe this, and that is why | | | | forward within a month if you do not find a solution. |