If the IRS has its way, it will take virtually all of a taxpayer’s income, leaving him with just $1000 a month for living expenses, rent, food, gas, utilities, etc. The IRS, known for its aggressive approach to collecting debts, including initiating IRS wage garnishments, shows little regard for individuals’ financial well-being. The Weinberg Law Firm proactively represents clients to prevent wage garnishments by the IRS and ensure that your earnings remain in your hands.
Occasionally, clients seek our help after experiencing wage garnishments. Once this occurs, options are limited—quitting your job or rerouting earnings through a new business are hardly practical solutions. However, there are two proven methods to stop an IRS wage garnishment without paying the full amount owed:
1.Filing for Bankruptcy immediately halts garnishment, with the IRS’s Bankruptcy unit needing notification of this filing. Should the IRS collect any funds within 90 days of filing for bankruptcy, these amounts must be returned.
2.The IRS must also cease garnishments if the taxpayer submits an Offer in Compromise or requests an Installment Agreement that the IRS deems acceptable for processing. This process can take a few weeks after submission. Critical to this approach is ensuring all necessary tax returns are filed, as per IRS policy, to qualify for these relief options.
Facing IRS wage garnishments? You need a savvy attorney. The Weinberg Law Firm is equipped and ready to assist.
