Scared of Owing the IRS Money?
Paying IRS debt should not be something anyone has to do. Yet it does occur, and when it does, you need to be prepared to deal with it. Failure to pay penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill.
There are a few things that can result from having to pay into the IRS. The most popular is wage garnishment. This occurs when an employer is required to withhold the earnings of an individual for the payment of a debt in accordance with a court order or other legal or equitable procedure. This includes IRS or state tax collection.
If you are wondering how do you stop wage garnishment, the answer is to get help with back taxes immediately. Garnishment will not vanish over night, it takes some outsid Read More