What does an IRS garnishment mean to you?
You received a notice of “intent to Levy” 30 days ago and you forgot or ignored it. Now it’s Payday. You are expecting a check, but you open the envelope and find that the IRS has already taken out almost all of your money using an IRS garnishment. What’s left is not even enough to pay the rent, car payment, buy groceries, or pay the rest of your bills. From now on every pay check you get will be devastated until all taxes, penalties and interest are paid in full.
Can the IRS do that?
Absolutely! But it gets worse. Its not just the original tax debt that is the problem. Now, you are having day to day financial trouble. No matter how hard you plead with your employer they can not give you your money. Once a wage garnishment ( also known as an IRS garnishment ) is filed with your employer, your employer is required by law to remove a large percentage from every paycheck. It also doesn’t stop at your paycheck. The IRS can garnish your Social Security, Pension, and even your retirement.
The IRS is holding your paycheck hostage. You need help!
Jim Matthews CPA. Inc. can negotiate with the IRS on your behalf. We help find a solution that is in your best interest and allows you to receive your whole paycheck without fears of future wage garnishments.
Contact us today and let us help you rescue your paycheck.