Wage Garnishments: How Do They Work?
Garnishing wages can be complicated, but understanding how it works is essential for employers and employees. A wage garnishment is when a creditor is granted the right to deduct a portion of an employee’s wages to repay a debt. This blog will provide you the answer to the question, How do wage garnishments work? You’ll […]
How To Stop A Wage Garnishment
A wage garnishment (also known as a ‘wage levy’) is one of the nastier powers the IRS or state tax boards have to recoup back taxes. The wage garnishment is where the tax authorities order your employer to take money directly from your income and pay it to them instead of you. Here we will […]
Hiding in a foreign country to duck tax? The IRS can annul your passport!
It’s official – if you owe the IRS money you can’t hide anywhere on the planet. The IRS has just announced this month that if you owe it more than $52,000 it can ask the State Department to revoke your passport, preventing you from traveling to a third country.
How To Stop A Wage Garnishment
Wage garnishments are one way that the IRS can use to force you to pay a delinquent tax debt. They can be up to 25% of your disposable income and will restrict how much you have to spend every month. Let’s look at what wage garnishments are and how to stop them. What is a […]
How To Stop An IRS Wage Garnishment With Defense Tax
To even get to the point where the IRS warns you they will take money out of your wages in a garnishment the IRS will have gone through a long process – you will be fully aware of their actions and at every stage, you can act to prevent it. The later you leave it […]
How to Stop a Wage Garnishment?
Have you received a Wage Garnishment notice from the IRS recently? Well, you need to get in touch with us at Defense Tax Partners ASAP. IRS wage garnishments are no joke. If you owe the IRS any unpaid taxes, they are fully entitled to take an equivalent amount out of your wages. This doesn’t happen […]
Wages garnished is a stressful & financially debilitating experience
When the State or IRS has repeatedly failed to collect taxes & they attach wages it’s termed wage garnishment. Garnishment rules differ, but the IRS will take a portion of your paycheck on each period of payment & apply the amount garnished to your outstanding tax debt. Garnishing your wages is a stressful & financially […]