Did you know that a wage garnishment lawyer can provide you help with back taxes and walk you through qualifying for a tax debt relief program? The IRS will not actually begin garnishing your wages without giving you the opportunity to make payment arrangements through a tax debt relief program. If your wages are already being garnished, you probably have some failure to pay penalties against you. These are one of the biggest factors a financially compromised taxpayer deals with on a tax bill. However, a tax debt relief program can help resolve the problem.
If you owe IRS tax debt, the Internal Revenue Service is permitted to levy upon your wages, bank accounts, social security payouts, accounts receivables, proceeds from insurance, real property, and in a small subsection of cases the personal residence in which you live. However, you can work with a lawyer to stop IRS wage garnishment and set up an offer in compromise settlement or find another tax debt relief program. A good tax lawyer should be able to help you find an appropriate tax debt relief program.
In order to qualify to qualify for consideration of an offer in compromise settlement, which is a tax debt relief program, there must be doubt as to liability, doubt as to collectibility, or effective tax administration. Effective Tax Administration offers necessitate that the taxpayer is not eligible for an offer in compromise due to either a theory of Doubt as to Liability or Doubt as to Collectability.
IRS garnishment occurs when an employer is required by law to skim off a percentage of the earnings of a worker in order to pay a debt as stipulated by a court order or other legal or equitable procedure. If your wages are being garnished because you owe IRS back taxes, there is probably a tax debt relief program that can help you.
Your lawyer will relate to you that in order for you to stop IRS wage garnishment and qualify for an offer of settlement or tax penalty abatement, there must either be doubt as to liability, doubt as to collectibility, or ineffective tax administration. As of July 15, 2006, the IRS changed the Offer in Compromise program. Now, debtors are required to pay an up front twenty percent, non refundable payment as well as $150. Your IRS lawyer will make sure that the proper court procedures are followed so that you get a fair shake in order to stop IRS wage garnishment.
The 16th Amendment to the Constitution was enacted by congress is 1913, making the income tax a permanent fixture in the U.S. tax system, and ever since then, the IRS has been making life complicated for many of us. A lot of what the IRS does may seem arbitrary or unfair. However, if you are suffering due to wage garnishment, you can make things easier for yourself by hiring a good IRS wage garnishment lawyer to help you find an appropriate tax debt relief program.