IRS Wage Garnishment and Back Income Taxes
What is wage garnishment?
Wage garnishment – an explanation
- It’s mandatory for the IRS to send you an official “notice” or “intimation” before the recovery process can be initiated. The notice is generally sent at least 30 days prior to the recovery procedure.
- The “debtor” should have “defaulted” on the IRS tax payments. There should be a certain outstanding tax amount “payable” to the government.
- The federal law agencies can enforce wage garnishments as outlined in the “Consumer Credit Protection Act”. The guidelines are to be strictly followed during the debt recovery process.
- The wage garnishment amount or your IRS debt depends upon numerous factors such as the marital status of the defaulter, the total amount owed as tax debt, and the number of dependents that need to be supported.
- Besides the wages garnishment, the IRS also possesses full rights to recover the IRS dues from bank accounts of the taxpayer.
- The IRS supports arbitration process and supports IRS tax debt help. If you or your representative can “convince” the IRS officials that it’s difficult or impossible to pay the back dues, you could avail some waivers in the form of IRS tax relief or IRS tax debt relief.
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