WAGE GARNISHMENT
PROTECT YOUR INCOME WITH AMERICAN TAX RESOLUTION STRATEGIES
Like most creditors, the Internal Revenue Service (IRS) has the power to garnish your wages if you owe a tax debt. Unlike most other creditors, however, the IRS can garnish your wages without first getting a judgment, and the amount it can take is usually more than what regular creditors can take. Once a wage garnishment is in place, you may want the assistance of our skilled wage garnishment professionals to resolve the matter. We can get garnishments lifted much more quickly.
You can rely on our twenty years of experience in working with the IRS to release wage garnishments and establish other arrangements for the tax debt of our clients. Please note depending on what state you live in, the State of license for TTD’s representative may impact how your State allows us to help you.
HOW MUCH CAN A WAGE GARNISHMENT TAKE?
The tax code, however, limits only what the IRS is required to leave. The IRS will take as much as it can and leave you with an amount that the tax code says is necessary for you to pay for basic living necessities. The amount that you can keep corresponds to the number of exemptions you claim for tax purposes. Part of your wages are exempt from wage garnishment, based upon your filing status. Child support is included in this exemption. The IRS will send instructions to your employer dictating how to calculate the amount that is subject to garnishment.
A wage garnishment will only stop under three circumstances:
You can make a payment or settlement arrangement with the IRS.
You can pay the unpaid taxes in full.
The IRS can lift the garnishment.
AT AMERICAN TAX RESOLUTION STRATEGIES, WE CAN HELP YOU
To ensure your financial well-being, it is crucial that you secure representation and actively work towards lifting the wage garnishment as soon as possible.
Of course, compliance is important, but there are several ways we can immediately get to work negotiating with the IRS.
If you are experiencing extreme financial difficulties, it is important to address wage garnishments, as they can impose a significant hardship. Our Chicago tax resolution firm is here to assist you in lifting the garnishment. We understand the challenges you may be facing, and we will work diligently to help you find a resolution. Contact us today for the support and guidance you need during this challenging time. We will work with you to provide the necessary proof that you are in danger of eviction or your utilities . It is crucial to take immediate action by contacting us to address this matter. This is difficult to do, but our seasoned professionals have experience in these situations.
DON’T IGNORE A WAGE GARNISHMENT NOTICE
You should take receiving notice of a wage garnishment seriously and promptly call our Chicago tax resolution firm. We have helped many clients resolve their issues with the IRS and we may be able to help you.