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 with the IRS, we will evaluate your situation and determine the best tax resolution strategy for you.
Since wage garnishments function 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 setting up a regular and approved/agreed upon payment plan. An agreed upon payment plan can often result in payments that are considerably less than the proposed wage garnishment amounts. Call our office today and discover why this form of tax resolution may be the best solution for you.
A wage garnishment is used to confiscate your earnings, commissions, or other income (usually called a garnishment). The IRS can also 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. Neglecting the notification, or doing nothing, will certainly make matters much worse. Once the 30 days have actually passed, the Internal Revenue Service does not have to offer any kind of more notice before seizing your incomes.
Tax Alliance can have your IRS wage garnishment released as well as secure a collection hang on your account. While your account is placed on a collection hold, our team will thoroughly examine and assess your condition to establish the most effective tax obligation solution offered for you. These remedies range from resolving your debt with an Offer in Compromise, having actual fines eliminated by sending a Penalty Abatement, receiving repayments with an Installment Agreement, or preparing your unfiled tax returns.
The Internal Revenue Service can garnish or levy your salaries or receivables and all other incomes. Besides issuing a wage garnishment to your employer, the IRS can also issue a wage garnishment to different companies that you work with as an independent contractor. The private or organization that the IRS sends out the garnishment notification to is obliged by legislation to act based on the garnishment instructions as well as mail any kind of money that was payable to you straight to the Internal Revenue Service rather. Basically, your IRS tax obligation problems likewise become the trouble of your employer given that they have to take additional time and also resources to manage the garnishment.
Wage levies stay in effect till the IRS notifies the employer that the wage garnishment has actually been released. If no response is handled your part, the wage garnishment process will proceed till your tax obligation financial debt is paid in full. After the Internal Revenue Service takes their share, there normally is inadequate left over to pay the rental fee, auto payment, or buy food for your family members. It is crucial that you have the appropriate representation, someone that is experienced concerning tax treatments.
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.