The IRS holds utmost authority on all things tax-related including garnishing wages. This is naturally a bit of an issue, as when you have a tax dispute to deal with you are but one voice taking on one of the most powerful institutions on the planet. Therefore, when the IRS begin tax-related levies against you with things like wage garnishments, it can feel impossible to counter.
Thankfully, that is not the case – the IRS can be defeated, if you know how to go about creating a good plan of action. To stop the IRS from dipping into your wages and limiting your potential quality of life, you need to appreciate the challenge involved.
Why Are Wages Garnished?
When someone owes the IRS money, they usually have no problem in dipping into your wages to take that money from you. They’ll likely send you letters for a month or two before taking serious action and actually garnishing in the first place. That being said, the IRS are usually open to finding a solution that avoids garnishment, so if you want to try and find a solution you should get professional assistance.
Bringing in an accountant to work on the program with you is going to be very useful. They will know the kind of credentials that the IRS look out for and thus what you should be expecting to appear as and when you get involved with finding a potential resolution with the authorities.
Stopping the Garnishment
To get a garnishment to stop, you first need to be ready to play by the rules. Hire an accountant and take a deep look at your finances. Where can you find the money needed to start making a dent in the money that you owe?
Next, start working towards making some form of compromise with the IRS. It isn’t easy and with the help of a CPA giving you instruction it can become easier. They might not accept a lesser amount than what they demand today but it is always worth asking.
A CPA can be good for making sure that you can show the IRS that you have limited current financial potential. Whilst you are counting on the human side of the decision maker to shine through, it’s better than just accepting a wage garnishment.
However, stopping a garnishment means showing you have the willingness and the ability to pay up in the future. If you have a history of unpaid or late debts, though, then you can likely forget the IRS taking the idea further.
To stop the garnishment, though, you are best served by having a professional look over your situation and find the delicate issues that you are dealing with. An accountant who you can trust and rely upon is a good place to start. They can begin to start chipping away at the challenges you face, slowly paving a path to convince the IRS that garnishment will not be necessary now.