Tax Alliance can have your IRS wage garnishment released and get a collection hold on your account. While your account is put on a collection hold with the IRS, we will evaluate your situation and decide the best tax resolution plan for you.
Given that wage garnishments work as a basic form of a forced, involuntary installment plan, it might be possible that your garnishment might be halted through a tax resolution process which involves establishing a regular and approved/agreed upon payment plan. An agreed upon payment plan can frequently result in payments that are considerably less than the proposed wage garnishment amounts. Call our office today and find out why this form of tax resolution might be the best option for you.
A wage garnishment is used to confiscate your earnings, commissions, or various other income (usually called a garnishment). The IRS can also 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 completely or to find a solution to your back taxes. Ignoring the notice, or not doing anything, will certainly make matters worse. Once the thirty days have passed, the IRS does not have to provide any more notice before confiscating your income.
Tax Alliance can have your IRS wage garnishment released and get a collection hold on your account. While your account is put on a collection hold, our team will thoroughly examine and assess your situation to develop the most effective tax obligation solution provided for you. These solutions 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 unfiled 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 different companies that you work for as an independent contractor. The individual or organization that the IRS sends the garnishment notice to is obligated by law to act based on the garnishment requirements and mail any money that was payable to you directly to the IRS instead. Basically, your IRS tax obligation issues also become the trouble of your employer because they have to take additional time and resources to take care of the garnishment.
Wage levies remain 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 typically is not enough left over to pay the rental fee, car payment, or purchase groceries for your family. It is crucial that you have the best representation and someone that is knowledgeable concerning tax procedures.
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.