IRS Wage Garnishment Tax Attorney Houston
Wage Garnishment on Tax Debt
Once the IRS sends you an “intent to levy “ notice, they will contact your employer and begin to levy your wages.
If you earn by way of a 1099, then the IRS may levy up to 100% of your pay check.
If you earn by way of a W-2, then the IRS will usually levy up to 82% of your pay check.
At our law firm, we specialize in bringing our clients to a 100% compliance level with the IRS. That is the first step in getting rid of your wage levy. Once that problem is solved, we go ahead and negotiate a payment plan on your behalf.
When the IRS has tries to collect back taxes unsuccessfully, they will begin to seize assets. By not opening letters or returning phone calls they will take the next step. This process is called a “levy.” When they attach wages, it’s called a wage garnishment. Wage garnishment (officially called a Wage Levy) can be the most stressful and humiliating of all collection tactics. The IRS does this to force taxpayers into compliance. Almost nothing is worse than having your wages garnished by an IRS wage garnishment. By contacting Dallas IRS tax relief attorney Ansari, we can work towards preventing or stopping wage garnishment. When the IRS files a wage garnishment, the taxpayer’s employer must intercept a percentage (up to 90%) of each of your paychecks, and then forward that percentage to the IRS. Wage garnishments remain in effect until the taxpayer’s IRS back taxes are paid in full, or a formal release is negotiated with the IRS. The amount of money that the IRS can withhold is based on a variety of factors, such as whether or not the taxpayer is married or the number of dependents.
Help Stopping Wage Garnishment by the IRS
Our office realizes that the loss of income can be destructive and devastating to individuals and families. Immediately upon retention, we start negotiations with the IRS for a release. In most cases we get wage garnishments stopped on our first contact with the IRS. If not, we will find out what is required to end the wage garnishment. In most instances we get these garnishments released before our client’s next paycheck!
IRS Wage Garnishment Tax Attorney Houston