Wage garnishment is a situation that every taxpayer dreads. It is always bad news because nobody loves it when their accounts are accessed by strangers and their resources are taken away. Let us take a look at what IRS wage garnishment is and why it can happen to you.
When you default on your tax payment, you automatically owe money to the IRS and they begin to make attempts to collect on your tax debt. One of the methods through which tax authorities collect your delinquent tax debt is by garnishing your wages.
You may be asking if the IRS has the right to garnish your wages; the answer to that is yes. What is more interesting is that unlike other creditors and debt collectors who can not garnish your wages without first getting permission from the court, the IRS reserves the rights to garnish your wages when you default on your taxes.
This is why it is advisable to file your returns and resolve your tax debts as soon as you can.
How to avoid IRS wage Garnishment
To avoid IRS wage garnishment, you must be willing to face your tax debts and resolve them. Shying away from your unpaid tax debts won’t make them go away, neither will it make the IRS forget about your delinquent account.
You put yourself at risk of getting your wages garnished when you ignore your unpaid taxes, this is why we exist to provide you with all the information and guidance you need to resolve your tax problems.
You can avoid wage garnishment by:
- Paying your tax debt in full: This is the quickest way to stop a wage garnishment from the IRS. It may not be the easiest or most convenient, but it certainly works best. If you want to avoid wage garnishment from the IRS, you should ensure that you pay your taxes completely and at the right time.
- Getting an instalment payment plan: Another option for people who can not afford to pay a lump sum immediately is to come to an agreement with the IRS on instalment payments. An instalment payment plan simply means that you get to pay your debts in small amounts monthly until the amount is fully paid. What’s more, people who are low-income taxpayers may qualify for a fee waiver which covers the user fee for their plan. Contact us today to discover how you can get on an IRS instalment payment plan immediately.
- Getting professional help: There are many more tax relief options that may be available to you depending on the specifics of your unique situation. This is why it is advisable to get professional help from us. We have an outstanding record for helping people in difficult tax situations overcome them. We would love to help you too!