| There are times when circumstances mean that we | | | | paycheck, then the wage garnishment route would |
| are unable to pay IRS tax demands when they fall | | | | clearly not be that effective. The IRS however, has |
| due. This article reviews some of the mechanisms | | | | other options at its disposal. One commonly used one |
| available to the IRS in recovering unpaid tax debts. It | | | | is the IRS bank levy, in which the IRS instruct your |
| will focus around IRS wage garnishment and the use | | | | bank or banks to freeze any cash retained in your |
| of the IRS bank levy. | | | | accounts and to use the money to pay down the tax |
| Wage garnishment occurs when an employer is given | | | | debt outstanding. |
| an instruction, usually by the IRS to take away a | | | | Neither of these circumstances are pleasant to deal |
| proportion of the wages in your paycheck in order to | | | | with. They both involve the involuntary removal of your |
| settle off some of the outstanding tax liabilities that you | | | | property or income to repay outstanding debts due. |
| are due to pay. It is tempting when in receipt of an IRS | | | | The best advice that you can get when you are in |
| wage garnishment to blame the employer, but in truth, | | | | receipt of such an order is to appoint an IRS tax |
| by the time it gets to the stage whereby the employer | | | | attorney to negotiate with the IRS on your behalf. |
| is requested to remove your wages they literally have | | | | Although this will incur additional expenditure it may well |
| no choice. They are required to carry out the | | | | be that you do not suffer to the same extent as a |
| instructions given. | | | | result of their intervention. |
| If you are not an employee, or do not receive a regular | | | | |