Did you know: your wages can be attached to repay tax debt.
When the IRS or state has failed repeatedly to collect back taxes from individuals, they begin to seize assets. One of the assets that can be attached, and by far considered one of the most crippling, is a wage garnishment. After providing either ten, thirty or sixty day notice through certified mail, the IRS will send a notice to your employer forcing them to with-hold up to 75% of your earnings to help satisfy the tax debt. Wage garnishments are by far the most humiliating of all collection tactics, as they reveal your private financial burden to your employer and, in some instances, to your fellow co-workers. This means added work for your employer to fulfill it’s obligation to the appropriate tax authority, possible increased tension between taxpayer and employer, and can greatly impact job performance as it can create undo stress for the taxpayer.
Get Tax Relief and contact us today. We will help in all aspects of your case and help you create a favorable option that meets all federal requirements. Ask us more!