Thursday, July 24, 2008

IRS Wage Garnishment Advice

If the Internal Revenue Service serves a notification to your employer that you're under wage garnishment, the company has no choice but to take a considerable portion of your paycheck to give directly to the IRS. You will never see that money, making it as bad as it sounds.

The IRS drastically deducts a considerable 80-85% of your net pay in a wage levy. This means that you will only be taking home $200 out of $1000.

Depending on your particular situation, you may be able to get the IRS wage garnishment released. It's better to work with a tax attorney or other tax professionals who are experts in these situations and can provide quality advice.

Like with all areas of the IRS, there are very particular rules and guidelines relevant to an IRS levy being released and your wage garnishments being stopped. IRS officers who don't adhere to these guidelines face job consequences that are severe. Whether the IRS is telling you the truth that no other options are available or simply giving you the runaround can be determined by a tax professional who is experienced. Oftentimes, the IRS just does not wish to help taxpayers.

When the IRS garnishes your wages, they want to be able to collect and take from you as much money as possible and in the shortest period of time. This is each IRS officer's task. Though numerous people who work in the IRS are quite nice and polite, they all have that underlying and fundamental job characteristics which can eventually ruin your life.

There are certain things to search for in the tax attorney or tax professional who will help you with your wage garnishment situation. First, you must check their success record. Were they successful in dealing with the IRS about wage garnishments in the past? Are they familiar with the guidelines of the IRS? Your tax professional can make sure that the IRS sticks to their own guidelines and goes through the proper channels by knowing the guidelines and rules.

Lastly, do you work well with your tax attorney? You should make sure that you pick somebody you can work with comfortably. Most proceedings take time. You really want someone who you can work with comfortably, or else you will simply make things worse by having employed a tax professional who is hard to work with.

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