Stop IRS Levies and Garnishments

A wage garnishment stays in effect until the tax is fully paid or until the IRS agrees to release the wage garnishment. Both the IRS frequently uses wage garnishments to collect taxes owed through your employer. Once a wage garnishment is filed, the employer is required to collect a percentage of each paycheck. A wage garnishment requires that a large percentage of taxpayer's wages be turned over directly to the IRS or the state.

The amount that the IRS can keep from any wage garnishment is based on your marital status and number of dependents. Basically the IRS keeps most of the money from a wage garnishment. The amount of your income that is exempt from an IRS wage garnishment is figured by adding the standard deduction you can claim on your taxes and the amount you can claim for exemptions, divided by 52. A family of three subject to a wage garnishment will only be allowed to keep about $325 per week.

A number of our clients turn to us for emergency help with a wage garnishment. Our associates understand how important a regular paycheck is to our clients and their families. We also understand how especially devastating a wage garnishment is to taxpayers with families. Upon being retained, our associates immediately contact the IRS or the state to negotiate the release of the wage garnishment. Of course, releasing or lowering a wage garnishment is only a temporary solution. We follow up by developing a long-term strategy for dealing with the tax bill. Once the wage garnishment is released, we will either set up a repayment plan or submit an offer in compromise for our clients.