Are Your Wages Being Garnished? Here are Five Important Things You Should Know

What is a notice of federal tax lien

The best way to stop wage garnishments is to hire someone who can help you find the best way to pay back the IRS. They will not stop trying to get the money you own them, so the best thing to do is take care of is as soon as possible before you have to ask questions like what is a notice of federal tax lien. Here are a few more facts that you should know.

1. Wage garnishment, the most common type of garnishment, is the process by which money is deducted from the monetary compensation of an employee, this can and often does include salary, as a way to regain back IRS tax that the employee owes. Wage garnishments are never the first step. The IRS will always try to contact you before you are subjected to having your wages garnished. Be sure to take care of this before you have to ask what is a notice of federal tax lien. Tax liens are a much more serious issue.

2. In 1862, the Congress of the United States enacted the first tax laws as a way to support the Civil War effort. Since then, the tax laws in the country have become vast and incredibly complicated.

3. Though you should find help as soon as you start having problems with the IRS regardless of the amount of money you owe, general knowledge states that If you owe the IRS between 10,000 and 25,000 dollars, you should consider hiring a tax professional.

4. The Internal Revenue Service often imposes penalties improperly. There are a number of reasons for this, including an IRS employee who does not understand the facts of the case, the law, or both. A tax attorney can help you to fix a problem like this and you should contact one as soon as you think that there might be a problem.

5. Former president George W. Bush signed a series of tax cuts into law while he was in office. The largest of these tax cuts was the Economic Growth and Tax Relief Reconciliation Act of 2001.

5 Responses to Are Your Wages Being Garnished? Here are Five Important Things You Should Know

  1. Isabella Hicks says:

    this happened to me a couple of years ago and i really wish that i had found someone to help me way earlier than i did. i was young and stupid and it was dumb of me to wait. if this happened to you, you need to get help

  2. Ben Spencer says:

    this happened to me a couple of years ago and i really wish that i had found someone to help me way earlier than i did. i was young and stupid and it was dumb of me to wait. if this happened to you, you need to get help

  3. Nelson Washington says:

    this happened to me a couple of years ago and i really wish that i had found someone to help me way earlier than i did. i was young and stupid and it was dumb of me to wait. if this happened to you, you need to get help

  4. Julio Armstrong says:

    this happened to me a couple of years ago and i really wish that i had found someone to help me way earlier than i did. i was young and stupid and it was dumb of me to wait. if this happened to you, you need to get help

  5. Jesse Nichols says:

    this happened to me a couple of years ago and i really wish that i had found someone to help me way earlier than i did. i was young and stupid and it was dumb of me to wait. if this happened to you, you need to get help

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