Imagine looking at your paystub and seeing that the IRS has garnished your wages, or perhaps even worse, they’re clawing back funds directly out of your bank account. It might feel inescapable, like falling into a pit of quicksand.
This is not a situation any taxpayer wants, but if it happens to you (or you see it coming), it’s important to understand your rights, how to protect yourself, and what you can do to pull yourself out of the hole.
If your tax troubles have reached the point of wage garnishment or levies from the IRS, speaking with a tax professional is a wise step if you want to take any swift and corrective action.
This blog post will cover the basics of garnishments and levies and walk you through a few scenarios where stopping the withholding, or at least softening the blow, is a possible outcome.