Experienced Wage Garnishment Defense Lawyer in Cherry Hill, NJ Protects the Rights of Clients Facing Withheld Wages Due to IRS Tax Problems in Burlington County, Camden County, Gloucester County, and Throughout NJ
If you have ignored or refused to respond to the Internal Revenue Service (IRS) when they send letters and notices regarding your outstanding tax debt, you may subsequently find that your paycheck looks a bit smaller than usual. That is because the IRS can instruct your employer to withhold money from your paycheck for the back taxes that you owe. While this collection method is often only used as a last resort, it is initiated because the taxpayer has failed to respond to repeated requests on the part of the IRS for payment of what is owed. Wage garnishment can wreak havoc on your life. We can help. The experienced New Jersey wage garnishment attorney at The Law Offices of Michele Finizio works on behalf of New Jersey clients to stop their wage garnishment.
Facing a Tax Issue And Have Questions? We Can Help. Contact The Law Offices of Michele Finizio Today At 856-888-9059 Or Fill Our Our Convenient Online Contact Form For A Free Consultation About Your Case.
Skilled New Defense Attorney Successfully Resolves Problems With IRS Wage Garnishment For Clients Throughout South Jersey
If you are experiencing wage garnishment, it is important to understand what wage garnishment is, how it works, and what you can do about it.
According to the United States Department of Labor, wage garnishment is when a specific amount of a person’s earnings are ordered by the court to be withheld by their employer in order to pay an outstanding debt. Wage garnishment is a legal procedure and the IRS will use wage garnishment as an enforcement tool for delinquent taxpayers to collect back taxes that are owed to the IRS. If the IRS garnishes your wages, your employer is legally required to take that set amount of money out of your paycheck and send it to the IRS.
IRS wage garnishment remains in effect until one of the following occurs: the debt with the IRS is resolved, you make other arrangements with the IRS to repay your taxes that are overdue, or the levy against you is released. The skilled New Jersey wage garnishment attorney at The Law Offices of Michele Finizio resolves problems with IRS wage garnishment for clients throughout South Jersey. To learn more about IRS wage garnishment and the options available to you to stop wage garnishment, contact our office to arrange for a free, no-obligation consultation.
Accomplished Defense Attorney Protects Your Rights and Works To Release IRS Wage Garnishment For New Jersey Clients
If you have received a notice from the IRS of intent to levy, you have a period of thirty days to respond. This is a very important deadline. If you do not respond to the IRS before that thirty-day period runs out, the IRS can legally reach out to your employer and begin taking steps toward wage garnishment. There are some steps you can take to stop the IRS wage garnishment or release the garnishment. These measures include any of the following and more:
- Requesting a Collection Due Process hearing
- Entering into an installment agreement with the IRS
- Filing for an “offer in compromise”
- Setting up a payment plan
- Proving financial hardship
- Filing for bankruptcy
- Disputing the tax liability by applying for Innocent Spouse Relief
There are also mechanisms in place to try and negate the effect of the IRS wage garnishment, based on your financial situation and circumstances. The accomplished New Jersey wage garnishment attorney at The Law Offices of Michele Finizio works tirelessly on behalf of clients to release IRS wage garnishment. Schedule a complimentary consultation with our office today.
Frequently Asked Questions About Wage Garnishment Charges in New Jersey
What is the Consumer Credit Protection Act?
The Consumer Credit Protection Act of 1968 (CCPA) was designed to protect consumers from harm by banks, creditors, and credit card companies. This federal legislation mandates disclosure requirements that must be followed by consumer lending organizations as well as auto leasing firms. The CCPA prohibits discrimination when a loan applicant is being considered and also bans any misleading advertising practices. Since its inception in 1968, the CCPA has been significantly expanded. Under Title III of the CCPA, if an employee is subject to wage garnishment, their employer is prohibited from discharging the employee for any one debt. This is the case regardless of the number of proceedings that have been brought to collect the debt. Under the CCPA, the amount of earnings that may be garnished from an employee in one week is limited. You have rights under the CCPA and at The Law Offices of Michele Finizio, our New Jersey wage garnishment defense attorney is dedicated to protecting those rights.
How much of my wages can be taken if the IRS is garnishing my wages? What amount of my wages are exempt from IRS wage garnishment?
A portion of your wages may be exempt from wage garnishment by the Internal Revenue Service (IRS), and that amount will be paid to you using the method that is regularly used to pay you your wages. The amount that is exempt is calculated based on the standard deduction as well as the number of dependents you are allowed to claim for the year in which the levy is being applied. The IRS sends employers information that outlines for the employer how much to exempt from the levy. The employer sends the employee a Statement of Dependents and Filing Status form which must be completed and returned within three days. If this form is not completed and returned within that time period, the exempt amount is calculated as if you are married, filing separately, with no dependents. Other sources of income are also considered and the IRS may choose to allocate the exempted pay from one employer and levy all of the pay from another employer in order to repay the outstanding debt. Wage garnishment can be confusing and it is important to understand how the process works and your rights. The Law Offices of Michele Finizio offers a free consultation; schedule your complimentary consult today.
