Wage Garnishment Is an Effective Tool of the IRS When Recovering Back Taxes

Of all the tools the IRS has at its disposal to recover back taxes, garnishing wages is one of the most effective. Essentially, the government has the power to contact your employer and take money out of your weekly or biweekly paycheck, leaving you with two-thirds, half, or even less of your accustomed net wages. If the IRS is threatening to garnish your wages—or has already done so—you need to contact an experienced tax attorney from the law firm of Travis W. Watkins, PC.

The IRS Won’t Try to Garnish Your Wages Right Away

As effective a technique as it is, the IRS won’t start garnishing your wages as soon as it determines that you owe a big chunk of unpaid taxes. First, you’ll receive an official notice of past-due taxes via the mail, along with a demand that you pay your bill within a set period of time (usually two weeks to a month). At this point, you (or preferably your lawyer) can contact the IRS and ask to speak to a revenue officer, in order to buy some time or work out some kind of settlement.

If, as many people ill-advisedly do, you simply ignore the past-due notice and don’t bother to call the number listed on the bill, the IRS will send you a final notice, in which it will advise you of its intent to garnish your wages and your right to an administrative hearing. If you ignored the first notice, you’ll probably choose to ignore this one too; after 30 days, and without making any further contact, the government authorities will have the full right to begin garnishing your paycheck.

The IRS Uses a Special Formula To Determine How Much to Take From Your Paycheck

As insistent as the authorities are about recouping back taxes, you might think the IRS would simply seize your entire paycheck. However, since it’s not good policy to drive U.S. citizens into bankruptcy and homelessness, the IRS will calculate the amount it takes from your paycheck based on such factors as the number of dependents you have, the amount of money you earn, and the size of your unpaid tax bill. Unless you contact the IRS well before garnishment proceedings start, this amount will not be negotiable, but simply imposed without any further warning.

Don’t Have Your Wages Garnished – Call an Oklahoma Tax Lawyer Today

Once the government has started garnishing your wages, it often requires a superhuman effort to get them to stop before your tax bill has been paid in full. That’s why you need to consult an experienced lawyer before, and not after, the IRS has started dipping into your paycheck. Call the seasoned tax professionals at Travis W. Watkins, PC today for a free consultation!