If you have received a wage garnishment notice that the IRS is going to apply a deduction to your paycheck, it means that the IRS can notify your employer that you have a back tax debt. And your employer is then required by law to send a significant portion of each of your paychecks directly to the IRS to offset the debt.
Keep in mind that if you do not respond, the IRS will continue to garnish your paycheck until your debt is paid in full.
With this firm, you do not need to take on the IRS by yourself. We will work with the IRS to negotiate the full or partial release of the wage garnishment if you qualify for relief. Depending upon your individual circumstances, we may be able to arrange an installment agreement so you can pay the IRS a specified dollar amount every month until the debt is paid. Once the installment agreement is in place, an offer-in-compromise may be negotiated to settle your debt for less than the actual liability, depending on your individual financial circumstances.
Another option is to be placed in a “currently not collectible” status, in which you may not have to make payments to the IRS at all, again depending on your individual financial circumstances.
Please call to set up a free consultation to review your options and take the stress out of dealing with an IRS wage garnishment notice.