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What is an IRS Wage Garnishment (IRS Wage Levy)?

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What is an IRS Wage Garnishment (IRS Wage Levy)?

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An IRS wage garnishment is an order from the government directing your employer to withhold a specified amount from your pay and send it to the IRS. The total wage garnishment can be up to 80% of your wages and continues every pay period until the back tax debt is paid in full. The IRS includes with the Notice of Wage Garnishment a chart your employer must use to determine how much to garnish from your pay for the IRS. The actual amount of the IRS wage garnishment is determined by your pay rate, dependents, and frequency of pay. You can expect the IRS to garnish from 30 to 80 percent of your total wages. In addition to the loss of income for you it is a major headache for you employer and can seriously damage your work situation. For additional information, please contact me.

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