Will IRS Stop from Garnishing Your Wage: Yes, They Will!
The IRS can stop, but it will not happen just like that. The taxpayer has to put in real effort to show IRS that he or she is trying really hard to make arrangements. Though IRS can be relentless at times, they also hear the taxpayers out and make some exceptions as well. IRS is not going to come after your wages if you can prove that you failed to pay tax for genuine reasons and are ready to make arrangements.
Make concessions to the IRS
Although difficult, it’s worth a shot. If you can present them with an offer they can’t refuse, you should. In essence, this condition enables you to reach a settlement with the IRS. Additionally, you ought to retain a savvy Tax Relief Professional with extensive knowledge of obtaining a release from IRS wage garnishment.
Get them to accept an installment payment schedule
When you work with a competent tax lawyer to address your wage garnishment, you frequently can negotiate a settlement with the IRS. This normally gives you three years to pay the IRS the taxes you owe. Even if your credit score isn’t fantastic, the IRS will generally let you set up an installment plan if you’ve paid off all of your prior bills.
Persuade the IRS of a Financial Difficulty
Convince the IRS that your financial condition is dire and ask them to agree to something, at least until your finances improve. If you can demonstrate that you won’t be able to cover your essential living costs if your earnings are garnished, you may be able to convince them to agree to delay the wage garnishment. This is where a tax lawyer may help, since they are familiar with the methods the IRS will employ to determine whether or not you are experiencing financial hardship.