IRS wage levies, also known as wage garnishments by the Internal Revenue Service, are one of the most effective and aggressive collection methods that are employed by the IRS as a means to collect taxes from delinquent taxpayers. The IRS is allowed by U.S. tax code to take possession of any assets in order to pay for delinquent taxes. These assets can include real or personal property, and personal property often includes checking accounts, saving accounts, and the hard earned wages from your job.
Our taxation lawyers are experienced in issues with garnishments and the following tax-related issues:
The IRS is not allowed to take your entire paycheck as a way to fulfill your tax debt. Instead, the IRS is permitted to garnish a specific amount of your paycheck that is calculated from a formula.