The Dangers of an IRS Wage Levy

An IRS wage levy ,also known as a wage garnishment, is serious business. You need to know a levy could be imposed on you if you owe a debt. You have to know what your employer is going to be doing to your paycheck. A wage levy requires the employer to take out a certain amount of money. It is designed to take a certain amount out of a paycheck. You can find yourself in a very dangerous position if a wage levy is imposed.

The IRS can certainly derail your life if they file a wage levy. They can make your life miserable. They can make you pay them back for every debt that you owe. When the federal government is doing a wage garnishment, they refer to it as an IRS wage levy.

A wage levy can take up to 20% to 60% of earnings. This can be a big setback to most people. Not a lot of people want to deal with this kind of thing in their life. It can make their lives miserable. They may have a ton of problems, and this is only the tip of the iceberg. They don't want to have to deal with problems like this. It's up to you to work with an experienced tax consultant that can help you fix the wage levy problems that you have. It can be downright humiliating to have to deal with a wage levy when you are first starting out in your career.

Contact Wall and Associates for the help you need today.

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