When the IRS believes you won’t pay back the taxes you owe, they take drastic action by garnishing your wages. Depending on your situation, the IRS can choose to take anywhere from 25% to 75% of your paycheck every single pay period until they get back what they are owed.
This aggressive tactic can leave the taxpayer completely debilitated, not able to survive on what little wages they have left. Also, in order to garnish wages, the IRS sends a letter to your employer, instructing them how much of your wages to send to the IRS. This revelation to your employer about your financial struggles can be not only embarrassing, but it can cause damage to your reputation as an employee.
We Mediate Between You and The IRS. Call (321) 320-6088 Today!
If you are having your wages garnished, you will need someone to mediate with the IRS and fight on your behalf. Our Brevard County wage garnishment lawyers know what action to take.
What Are My Options?
While the IRS will employ aggressive tactics such as wage garnishment, they are typically willing to come to an arrangement if they are still being paid. However, you shouldn’t attempt to negotiate with the IRS on your own. Many taxpayers are so desperate to have the garnishment lifted that they may agree to terms that are not in their best interest.
The most common options for ending an IRS wage garnishment are:
- Installment Agreements: You agree to a payment plan based on your monthly income and expenses, making monthly payments until your overdue taxes are paid
- Offers in Compromise: If you are simply unable to pay back the amount you owe, a settlement can be reached where the IRS agrees to accept a smaller amount.
Income Exempt from Wage Garnishment
Certain types of income are exempt from wage garnishment in Florida. These include Social Security benefits, Supplemental Security Income (SSI), disability benefits, and some pension or retirement benefits. However, it's essential to be aware that certain federal debts, such as unpaid taxes or federal student loans, may still be subject to garnishment even if other income sources are exempt.
Types of Debts
Wage garnishment can occur for various types of debts, including consumer debts, court-ordered child support or alimony payments, and defaulted federal student loans. Creditors must follow the appropriate legal procedures to obtain a court order for garnishment.
Contact Our Florida Wage Garnishment Lawyer
Facing wage garnishment in Florida can be overwhelming, but understanding your rights and options is crucial to navigating this challenging situation. By being aware of Florida's wage garnishment laws, knowing which income sources are exempt, and exploring possible alternatives, you can better protect your income and work towards resolving your debt-related challenges.
If you find yourself dealing with wage garnishment or other debt-related issues, seeking legal advice from a qualified wage garnishment attorney is advisable to ensure you receive proper guidance and representation throughout the process.
If you take on the IRS alone, you may be left with a less than ideal agreement. The experienced Brevard County wage garnishment attorneys at Buchalter & Pelphrey Attorneys At Law know how the IRS operates.