At J.M. Trippon & Company CPAs, we understand the distress that IRS wage garnishment can cause, and we are here to provide effective solutions for our clients facing this challenging situation. Our team of experienced Certified Public Accountants (CPAs) specializes in navigating the complexities of IRS matters, offering personalized assistance to help alleviate wage garnishment concerns. We work closely with clients to analyze their financial situations, develop a comprehensive strategy to address IRS requirements, and negotiate favorable terms whenever possible. Our goal is to protect our clients’ income and guide them through the process with expertise and empathy. Trust us to be your dedicated partner in resolving IRS wage garnishment issues, providing the support and solutions needed to regain financial stability.
What is Wage Garnishment?
IRS wage garnishment is a legal process authorized by the Internal Revenue Service to collect outstanding tax debts directly from an individual’s income. When taxpayers owe substantial amounts in unpaid taxes and fail to address their liabilities through other means, the IRS may resort to wage garnishment as a means of debt recovery. In such cases, a portion of the individual’s wages is withheld by their employer and sent to the IRS to settle the tax debt. IRS wage garnishment is a serious matter that can significantly impact one’s financial stability, as depending on the situation they can take up to 25-50% of your wages after tax.
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