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Tax Alliance can have your IRS wage garnishment released and get a collection hold on your account. While your account is placed on a collection hold with the IRS, we will assess your situation and determine the best tax resolution strategy for you.
Since wage garnishments work as a basic kind of a forced, involuntary installment plan, it might be possible that your garnishment might be blocked through a tax resolution process that involves establishing a regular and approved/agreed upon payment plan. An approved payment plan can frequently result in payments that are significantly less than the proposed wage garnishment amounts. Call our office today and find out why this kind of tax resolution may be the most effective option for you.
A wage garnishment is used to confiscate your earnings, commissions, or other income (generally called a garnishment). The IRS can even garnish your Social Security income! You have only 30 days from the date of a Final Notice of Intent to garnish to either pay the tax in full or to find a solution to your back taxes. Ignoring the notice, or not doing anything, will surely make matters worse. When the thirty days have passed, the IRS does not need to provide any more notice before seizing your income.
Tax Alliance can have your IRS wage garnishment released and secure a collection hold on your account. While your account is placed on a collection hold, our team will thoroughly examine and evaluate your situation to develop the most effective tax obligation solution provided for you. These remedies vary from settling your debt with an Offer in Compromise, having fines dismissed by sending a Penalty Abatement, receiving repayments with an Installment Agreement, or preparing your un-filed tax returns.
The IRS can garnish or levy your salaries or receivables and all other income. Besides issuing a wage garnishment to your employer, the IRS can also issue a wage garnishment to various companies that you work for as an independent contractor. The individual or company that the IRS sends out the garnishment notice to is obligated by law to act based on the garnishment requirements and mail any money that was payable to you straight to the IRS instead. Basically, your IRS tax obligation issues also become the problem of your employer since they have to take additional time and resources to take care of the garnishment.
Wage levies stay in effect until the IRS informs the employer that the wage garnishment has been released. If no action is taken on your part, the wage garnishment process will proceed until your tax obligation financial debt is paid completely. After the IRS takes their share, there usually is not enough left over to pay the rental fee, car payment, or purchase groceries for your family. It is important that you have the best representation and someone that is qualified regarding tax procedures.
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Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked! We help our clients nationwide!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.