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When you owe a tax debt, the IRS can seize your property to cover the debt. Available levies include your bank account, seizing assets and wage garnishment.
For instance, the IRS can garnish your wages if you fail to pay your tax debts. Filing for bankruptcy can stop wage garnishment in many cases. However, there are some exceptions to this rule.
In most cases, federal law allows creditors to garnish up to 25% of a worker’s wages. The IRS, however, plays by a completely different set of rules than creditors and the recipients of alimony ...
A levy in the form of garnishment upon wages is considered to be a continuous levy, i.e. it needs to be applied only once and will be applicable to future wages until either released by the IRS under §6343 or the debt is fully paid. So as future wages are earned, no additional levy action is necessary by the IRS to take a large portion from them.
Under U.S. federal tax law, a garnishment by the Internal Revenue Service (IRS) is a form of administrative levy. In the case of an IRS levy, no court order is required. [9] Only a few requirements must be met before the IRS starts a wage garnishment: The IRS must have assessed the tax and must have sent a written Notice and Demand for Payment;
If your benefits are being garnished due to unpaid federal taxes, your best course of action is to work out a resolution with the IRS, either on your own or with the help of a tax debt resolution ...
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