All the information you need to make an educated decision
Wage Garnishment Release
If the IRS garnishes your wages as payment for your federal tax liability, up to 25% of your disposable income on each paycheck can be confiscated to pay off your debt. By law, if a wage garnishment certificate for your funds is approved and ordered by a court, your employer will be required to set aside a predetermined amount of your wages for the IRS. Wage garnishment can make an already difficult financial situation even more desperate, and can be very stressful and embarrassing.
A tax debt expert, like those found within the DebtHelp network, may be able to freeze a wage garnishment certificate or arrange for a wage garnishment release. He or she will work with the IRS to solve your debt situation in another way, such as with an Installment Agreement.
How to Solve Tax Debt Created by a Spouse or Ex-Spouse
Did your spouse or ex-spouse leave you with a tax debt problem, as well as a broken heart? Regarding the tax debt problem, you may have options. Here are two.
Five Personal Problems You Should Mention In an IRS AuditWhen working with the IRS to solve a tax debt problem, it's no use claiming "the dog ate my homework." However, certain personal situations do deserve mention.
Tax Debt and Bankruptcy: Five Things to Keep In MindYou cannot automatically get rid of a tax debt through filing bankruptcy. However, you can take certain measures to ensure that bankruptcy helps you get your tax debt problem under control. Here are five things to keep in mind with regard to bankruptcy and taxes.
Top Five Tips for Handling an IRS AuditHandling an IRS audit isn't easy, especially when a significant tax debt is in question. Here are five suggestions for dealing with an IRS audit.
Should You Hire a Tax Debt Attorney? Three Ways to DecideAttorneys can be expensive, and tax debt attorneys are no exception. Before hiring a tax debt attorney to handle your case, look for these three signs that you may really need one.
IRS Spousal Tax Relief
It is not necessary that a couple be divorced for a spouse to seek tax relief. There are actually three different…
IRS Wage GarnishmentIf you fail to pay your federal taxes, the Internal Revenue Service (IRS) has a variety of methods that it utilizes to obtain due money – none of which will be better for financial situation that paying outright. One of the most debilitating…
IRS Powers to Collect DebtIn 1988, real estate tycoon Leona Helmsley faced a prison term for defrauding the U.S. government of $1 million in…
IRS Offer in CompromiseMany lawyers specialize in IRS negotiation strategies. A competent lawyer (sometimes a former IRS agent him- or herself) can turn a $50,000 debt into $8840, $105,000…
IRS and Penalty AbatementPenalty abatement gives you the opportunity to plead your case to the IRS. Unlike most other claims for…
