IRS wage garnishment is the deduction of money from an employee’s monetary compensation resulting from unpaid IRS taxes. Most likely this should not be a surprise as the IRS will only garnish one’s wages after repeated attempts to collect through letters and warnings about the taxes owed. The wage garnishment is one of the IRS’s most effective tax collection methods and should not be taken lightly. The IRS would rather resolve taxes in a different manner but they will garnish wages if no other options have worked. It is important to understand how garnishments work to ensure you take the appropriate actions to avoid them or stop the IRS from taking your wages.

IRS wage garnishment is a legal way for the IRS to collect taxes from you without you actually paying them by having the taxpayer’s employer garnish their wages and send them to the IRS. Understand why and when the IRS will impose a wage levy and garnish wages.

There are many ways you can prevent or stop a wage garnishment. The method you use should be determined by your financial and tax situation including your ability to repay the tax debt. Even if you do not qualify for any of the methods to stop a wage levy there are still ways to negate the effects of the levy. Know your options to make a wise decision about how to stop the wage levy and to protect your assets from the IRS.

Need help stopping a wage garnishment? We can help. Our team of licensed tax experts can discuss your unique circumstances and determine the most effective way to stop your wage garnishment. Understand the benefits of using a tax professional when dealing with a wage garnishment. Request a free consultation to talk with one of our licensed tax professionals and get back on track to financial freedom.

For more information on IRS wage garnishments visit the IRS website at www.IRS.gov