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How Does the IRS Wage Garnishment Process Work?

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How Does the IRS Wage Garnishment Process Work?

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Garnishment becomes part of the payroll process. The IRS sends a notice to your employer stating that they are garnishing your wages. From there, they have no choice but to do what the IRS is asking. If a company does not comply with the IRS they can be fined heavily; this is something they will typically avoid at all costs. The money that the employer withholds is then given to the proper agency, such as the IRS or a creditor. If your wages are garnished you will never see the money. You will know how much money was taken out, but it never makes its way to you. For some, this is a good thing. With IRS wage garnishment you can be rest assured that your debt is going to eventually be paid off (with interest). However, typically it is better to setup a IRS Payment Plan or some type of settlement agreement with the IRS because tax liabilities and penalties can be reduced . How Much Can Be Garnished and Can an Employer Fire You for Wage Garnishment? According to most law, a taxpayers wages

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