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What is an IRS Wage Garnishment Release?
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 assess 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 may be possible that your garnishment may be halted through a tax resolution process which involves establishing a regular and approved/agreed upon payment plan. An agreed upon payment plan can commonly result in payments that are significantly less than the suggested wage garnishment amounts. Call our office today and learn why this type of tax resolution may be the most effective choice for you.
A wage garnishment is used to seize your earnings, commissions, or various other income (generally called a garnishment). The IRS can even garnish your Social Security income! You have just thirty 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. Disregarding the notice, or doing nothing, will surely make matters worse. Once the 30 days have passed, the IRS does not need to give anymore notice before seizing 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 carefully analyze and evaluate your situation to establish the most effective tax obligation solution offered for you. These remedies range 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 troubles also become the problem of your employer since they need to take additional time and resources to manage the garnishment.
Wage levies stay in effect until the IRS notifies the employer that the wage garnishment has been released. If no action is taken on your part, the wage garnishment process will continue 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 buy groceries for your family. It is vital that you have the best representation and someone that is knowledgeable regarding 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.
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