Naples & Fort Myers IRS Tax Attorney to Stop Wage Garnishments
If you have tax debt, the IRS can garnish your wages as a way to collect the debt from you, the taxpayer. With a wage garnishment, your employer is ordered to withhold part of your earnings in order for you to pay off the tax debt. Your employer will send this portion of your earnings to the IRS. The IRS does not need a court order to garnish your wages and can garnish more wages than any other creditor. According to the tax code, the IRS is required to leave you with only a small amount of income after garnishing your wages.
Wages that can be garnished by the IRS include your salary, bonuses, commissions, retirement, or pension earnings.
Reasons the IRS would garnish your wages include you forgetting to pay your taxes, you avoided paying your taxes for financial reasons, you underpaid your tax liability, and/or you haven’t paid your taxes in many years. Wage garnishment can be 85 percent or more of your income.
To avoid getting your wages garnished, it is in your best interest to work with a Naples IRS tax attorney to try and negotiate stopping the wage garnishment as soon as you get a levy notice letter and before your employer gets a letter to withhold taxes from your wages. The first notice you receive by the IRS will tell you what you owe, including penalties and interest, and the due date for you to pay the balance in full. The IRS will send you a final notice 30 days before the wage garnishment begins. The final notice will be sent by the IRS using certified mail to your last known address.
Unfortunately, if the IRS does not have a current address for you, you may miss this final notice and your wages will be garnished without you knowing ahead of time.
Naples Tax attorney Todd D. Babbitt is knowledgeable on handling taxpayers wage garnishment problems. He can help you avoid a wage garnishment by either negotiating a tax payment plan, submitting an Offer in Compromise, or coming up with another resolution.
Mr. Babbitt knows tax law and can help get your wage garnishment released and negotiate to get rid of your IRS tax debt.
Contact Naples and Fort Myers IRS tax attorney Todd D. Babbitt right away to help avoid a wage garnishment and get your tax debt issues resolved today.