Wednesday, March 19, 2008

Tax Debt Help - Wage Garnishments

Wage garnishments are taken by the IRS in order to recover back taxes from individuals. Given adequate notice, this government agency can levy your wages to pay off what you owe without your permission. By law, wage garnishment rules allow the IRS to take all but $3.83 an hour from your wages.

That amount is not enough for anyone to live on and can leave you with next to nothing to pay for necessities like bills, rent/mortgage, and food for your family. The rules of wage garnishment are clear and precise, and you should seek out professionals who understand these rules.

It would be well worth your time to familiarize yourself with the Wage Garnishment Rules as published by the IRS. After reading through the rules, you will better understand how important it is to get the best professional help available. When seeking help, ask questions such as expertise and of course, check with your Better Business Bureau for any complaints that might have been filed.

The resolution of tax debt is a fast-growing industry, especially with the increasing number of non-filers. Hiring a firm of this type can relieve you of your tax burdens quickly so that you can move on with your life and get back on track financially.

As I always say, “It is always best to be proactive than reactive!”

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