Lien, Levy, Garnishments

Wage Garnishment

One of the worst feelings occurs when you look at your paycheck and see those hard earned funds seized by the sometimes over reaching arms of the IRS. However, wage garnishments are one of the most common collection actions taken by the IRS and its collections department. An IRS Garnishment occurs when you have a tax liability owed for unpaid tax years and have not properly sought a resolution to fixing the issues. If you receive Social Security and/or Military retirement benefits, the IRS may garnish 15% of those funds. If Self-Employed, the IRS may garnish the businesses accounts receivable taking the necessary expected funds to keep your business afloat. You may ask how can they find this expected payments? The IRS have many collections means, but they generally look for who paid your company in past years and start there, or the IRS might summons bank records to see who is paying the business on a regular basis. The IRS will send levy notices to those you do business with and this act alone will generally injury and harm you valued business relationships. At Tax Law Center we have reversed 1000s of IRS Garnishments thereby allowing our clients the right to keep what is their hard earned money! Whatever the IRS Garnishment, call Tax Law Center today as we know how to stop the problem as it’s never too late with us on your team!