If you owe taxes to the IRS or State and ignore the problem, don’t be surprised if they respond with a “call to action”. One of the easiest ways to “wake up” a taxpayer is to garnish their wages. If you have been threatened with a wage garnishment or already have one in place, you need to act now.
How Much Will They Take?
The States vary as to the amount they will garnish, but unless you can show why they shouldn’t, the IRS will require that your employer withhold all but the amount that equates to minimum wage from your pay. As if things are not hard enough, you are now faced with living on minimum wage.
Realistically speaking, most people cannot afford to live on minimum wage and the IRS knows this. They take this action not to place an undue burden on the taxpayer but rather incentivize them to negotiate a more realistic payment plan.
We Are Here to Help
It is frightening facing the possibility of or even worse experiencing a wage garnishment. With more than 30 years experience, The Tax Resolution Institute has been successful helping taxpayers release wage garnishments and entering them into agreements they can live with over time. Instead of facing an impossible situation, call us today and use your unfortunate situation as leverage to negotiate a suitable agreement.