Writing A Letter To Stop Wage Garnishment: A Guide With Examples
If you are facing wage garnishment, it can be a stressful and overwhelming experience. Wage garnishment occurs when a creditor obtains a court order allowing them to take a portion of your paycheck to satisfy a debt. However, you do have options to stop wage garnishment, and one of those options is to write a […]
Will You Get A Stimulus Check If You Owe Back Taxes?
The United States government has issued several stimulus packages to help citizens during the COVID-19 pandemic. However, many Americans are left wondering whether they are eligible for a stimulus check if they owe back taxes. In this post, we will explore the details of the stimulus package, how it may impact those with back taxes, […]
Where To Fax Form 2848
Form 2848, also known as the Power of Attorney and Declaration of Representative, is a document that allows a taxpayer to authorize another person to act on their behalf before the Internal Revenue Service (IRS). This can be especially useful when dealing with complex tax issues or disputes with the IRS. Once the form is […]
When Is The IRS Refunding Unemployment Taxes?
The COVID-19 pandemic brought with it a host of financial difficulties, leaving many people struggling to make ends meet. One of the measures taken by the government to help alleviate this financial burden was the provision of unemployment benefits. Unfortunately, these benefits were taxed, and many people found themselves owing taxes to the IRS. This […]
What To Do If You Receive Form 668-W From The IRS
As a taxpayer, receiving a form from the Internal Revenue Service (IRS) can be a daunting experience, especially when it is not a form that you are familiar with. The IRS Form 668-W is one such form that can cause confusion and anxiety. This form is used to issue a wage levy or wage garnishment […]
What To Do If The IRS Freezes Your Bank Account
The IRS is one of the most powerful agencies in the United States government, and it has the power to freeze your bank account if you owe taxes. This can be a very distressing situation, but it is important to stay calm and take action to resolve the issue. In this post, we will discuss […]
What Is Considered Disposable Income For Wage Garnishment?
Wage garnishment is a legal process that allows a creditor to collect a debt by taking a portion of an individual’s wages or salary. The amount that can be garnished is typically based on a percentage of the individual’s disposable income, which is the income remaining after deductions for taxes, health insurance, and other necessary […]
What Happens If Your Employer Does Not Notify You Of Wage Garnishment
Wage garnishment is a legal process that allows creditors to collect debts from an individual’s wages or salary. However, the process is governed by specific rules and regulations, including requirements for employers to notify employees of wage garnishment orders. If an employer fails to provide proper notice of a wage garnishment, individuals may face serious […]
What Happens If You Marry Someone Who Owes Back Taxes
Marriage is a significant life event that brings many changes to a couple’s financial situation. One of the factors that may affect your finances as a married couple is if one partner owes back taxes. If you’re thinking about getting married to someone who owes back taxes, you should be aware of the potential repercussions […]
What Happens After A Wage Garnishment Is Paid In Full
A person’s employer may legally withhold a portion of their salary as part of a wage garnishment to settle a debt to a creditor. The wage garnishment should end immediately after the debt has been settled in full. However, individuals need to understand what happens after a wage garnishment is paid in full to ensure […]