September 29th, 2020 → 5:56 pm @ gturnercontentcustoms // No Comments
If you owe the IRS money, it’s critical that you do whatever you can to make things right. One thing is for sure: The IRS won’t go away until you pay back every last cent that you owe.
Depending on the circumstances, the IRS may garnish your wages as a means of collecting the money that you owe them. In short, this allows them to take money from your paycheck, thus ensuring that they get paid.
Fortunately, there are ways to stop an IRS wage garnishment. Here are some of your best options:
Learning that the IRS is garnering your wages is a tough pill to swallow. Not only does it impact your finances, but it may also embarrass you on a professional level.
Fortunately, there are several options available for stopping an IRS wage garnishment. Once you consider the pros and cons of each one, as they pertain to your situation, you can decide which steps to take.
Tags: CPA, Financial Advice, retirement advice, retirement information, Tax Advice, Tax Information, Tax Tips