Wage Garnishments Can Be Avoided
If you are having issues with the IRS and it’s been going on for a while, you may be close to having your wages garnished. A wage garnishment is when the IRS takes money from your paycheck before you even see it. There is no limit on the amount the IRS can take out of your paycheck. There is only a limit on how much they have to leave you with. Anything over that amount will go straight from your employer to the IRS. As you can imagine this is a devastating outcome and one to be avoided when possible.
The good news is it usually IS possible to avoid wage garnishments. The IRS does provide a Wage Garnishment Release, which can stop the money from being taken out of your paycheck. This can be a viable option, but the requirements to qualify are strict.
The best way to handle tax problems is to start working with the IRS before they take a nasty action against you! Everyone’s situation is different and at The Willis Firm, we help you find the BEST option to clean up the problem. This video explains more about IRS Wage Garnishments. Take a look: http://www.youtube.com/watch?v=NyIWI8Bp1mg&feature=c4-overview&list=UUoUryOwvukxCP6VmqJ4KDAg