October 10, 2008, Newsletter Issue #84: Your Responsibility

Tip of the Week

A wage garnishment is the second most common enforced collection method used by the IRS to collect back taxes. The IRS receives their back taxes by attaching their tax bill to your paycheck. Each pay period, your check is reduced by a certain amount.

You will receive notice of the applicable wage garnishment per pay period. It is your responsibility to keep track of how much is deducted from your paycheck, and the total amount of taxes turned over to the IRS. Keep this for your records.

Once you have calculated that the entire amount due has been collected (‘paid in full’) from your paycheck, and submitted to the IRS, contact the IRS.

At this point, the IRS will release your wage garnishment.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

Are you having problems with the IRS? Stop the IRS from seizing your assets and get back on track today. Let DebtHelp.com find the right tax debt solution for you at http://www.debthelp.com/tax-help/

Not finding the advice and tips you need on this Tax Relief Tip Site? Request a Tip Now!


Guru Spotlight
Mary White