If you owe the IRS back taxes, you may be concerned about whether or not they can take money from your paycheck. The short answer: Yes, the IRS can garnish your wages if they issue a wage garnishment order to your employer. However, there are steps you can take to prevent or stop wage garnishment. In this post, we’ll discuss the IRS’s ability to garnish wages and how BFG Tax Help can provide protection against wage garnishments.
First, let’s discuss how wage garnishment works. If you owe taxes to the IRS and do not make payments or agree to a payment plan, the IRS may issue a wage garnishment order to your employer. This means that a portion of your paycheck will be sent directly to the IRS until your tax debt is paid off. The amount taken out of your paycheck depends on the amount you owe, but it can be up to 25% of your disposable income.
It’s important to note that the IRS cannot garnish your wages without first sending you a notice of intent to garnish. This gives you the opportunity to dispute the garnishment or request a payment plan. If you do not take action, however, the wage garnishment will proceed.
This is where BFG Tax Help can help. Our team of tax professionals can negotiate with the IRS on your behalf to prevent or stop wage garnishment. We can help you explore alternative payment options, such as an installment agreement or an offer in compromise, which could help you pay off your tax debt without the need for wage garnishment.
In addition, BFG Tax Help can provide legal protection against wage garnishment. We can file a Collection Due Process appeal, which is a legal challenge to a wage garnishment order. This appeal must be filed within 30 days of receiving the notice of intent to garnish, so it’s important to act quickly if you’ve received this notice.
Finally, BFG Tax Help can also provide ongoing monitoring and representation to ensure that wage garnishment does not happen again in the future. We can help you stay on top of your tax payments and work with the IRS to resolve any issues that arise.
While the IRS does have the ability to garnish wages, there are steps you can take to prevent or stop it. BFG Tax Help can provide protection against wage garnishment by negotiating with the IRS, providing legal representation, and offering ongoing monitoring and support. If you’re concerned about wage garnishment or other tax issues, contact BFG Tax Help today for a free consultation.