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Posts Tagged ‘wage garnishment law’

What is a Garnishment and What Can the IRS Take?

December 13, 2014  |   Tax News   |   Tags: , ,  

A garnishment allows the IRS to collect back taxes from individuals by taking money from his or her bank account or wages. If a taxpayer has the financial ability to pay and ignores or refuses to pay the tax debt, then the IRS can use garnishment to satisfy the tax debt; this can be partially or fully, depending upon the taxpayer’s financial condition. Before using garnishment to ...