Wage Garnishment
Both the IRS and State Departments of Taxation
frequently use Wage Garnishments to collect taxes owed through your employer.
Once a garnishment is filed, the employer is required to collect a percentage of
each paycheck. A Wage Garnishment requires that a large percentage of taxpayer's
wages be turned over directly to the IRS or the State. The wage garnishment
stays in effect until the tax is fully paid or until the IRS or the State agrees
to release the garnishment. The amount that the IRS can keep from any wage garnishment
is based on your marital status and number of dependents.
Basically the IRS keeps most of the money from a Wage
Garnishment. The amount of your income that is exempt from an IRS wage garnishment
is figured by adding the standard deduction you can claim on your taxes and the
amount you can claim for exemptions
In addition to an IRS Wage Garnishment your wages can
also be subject to a State Wage Garnishment for as much as an additonal 25%
of the taxpayer's disposable wages.
Taxpayers turn to us for emergency help with a Wage
Garnishments. Our tax attorneys understand how important a regular paycheck
is to our clients and their families. We also understand how especially devastating
a wage garnishment is to taxpayers with families.
Click here for Wage Garnishment help!
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