Before the IRS garnishes your wages, you should receive a notice in the mail. The Notice of Intent to Levy should inform you of your right to request a hearing. It’s critical that you react quickly if you receive this notice because it is your last chance to stop the...
Wage Garnishments
Wage Garnishments for Self-Employed Taxpayers
A wage levy may be less effective against a self-employed taxpayer, which could cause the IRS to pursue other enforced collection actions. Because self-employed taxpayers may receive compensation for many different clients, the IRS can’t initiate a continuous wage...
How to Get an IRS Wage Garnishment Release
IRS wage garnishments are continuous levies, meaning that they will take money out of every paycheck you receive until your tax debt is paid off. This can cause serious financial difficulties as the levy takes a large portion of your wages for months on end. The best...
Maximum Amount for an IRS Wage Garnishment
The wage garnishment amount isn’t based on a percentage of your wages or a maximum amount that can be garnished. The IRS is only limited by the amount of your wages it must leave you with. In other words, the more you make, the more the IRS can take. Wage Exemption...
How to Stop a Tax Levy on Your Paycheck
You can generally stop an IRS levy on your paycheck before it starts by paying your full balance due or negotiating a payment plan. If the IRS is already threatening to levy your wages, you may need to request a Collection Due Process (CDP) hearing. Collection Due...
How Long Does an IRS Wage Levy Last?
Wage levies are continuous, unlike most bank account levies and most other IRS seizures. An IRS wage garnishment will be ongoing until one of the following events takes place: Your full balance is paid. You make other payment arrangements with the IRS. The levy is...