Many people know that when the IRS sends a notice about tax debt, it comes with strict deadlines. However, what they may not realize is that creditors, including the IRS, can still garnish wages if taxes are owed, under certain conditions. Even though there are time limits, they’re not always a security. For instanc, if... The post Can a Creditor Garnish My Wages After 7 Years? appeared first on Sullivan ..read more

If you’re an independent contractor or freelancer, you may have a slight fear of wage garnishment. And it’s totally okay. It’s normal to feel scared, especially when you may have an unstable income source. But, the problem starts when some independent earners start considering they are safe from IRS wage garnishment. Well, it may not... The post Can 1099 Wages Be Garnished? appeared first on Sullivan ..read more

Imagine this: Waking up one day to find that the IRS is about to take your hard-earned money. If you’ve received Letters 1058 or LT11 from the IRS, that nightmare is closer than you think. These letters are signals that your assets, from your bank accounts to your wages, could be seized.  Many people freeze... The post Understanding IRS Notice of Intent to Levy: Letters 1058 & LT11 appeared first on Sullivan ..read more

Nobody likes surprises when it comes to taxes, especially the kind that catches you off guard years later. Maybe you’re dealing with the nagging worry of unfiled returns from the past or wondering if a forgotten debt might suddenly resurface with penalties and interest. Perhaps you’ve recently received a notice from the IRS that’s left... The post Understanding IRS Back Taxes: How Far Can They Go? appeared first on Sullivan ..read more

Imagine waking up to find a chunk of your paycheck missing, not because of a mistake, but because creditors have the legal power to take it. This isn’t a distant or exaggerated scenario—creditors can and will pursue wage garnishment to recover debts. With a simple court order, they can seize your disposable income, leaving you... The post Calculating Disposable Income for Garnishment appeared first on Sullivan ..read more

Finding out that your wages are being garnished can be overwhelming and frustrating. Suddenly, your paycheck is smaller, and you’re left struggling to cover your bills and daily expenses. If you’re in this situation, you’re likely looking for a way to stop it as quickly as possible and take back control of your finances. The... The post How to Write a Letter to Stop Wage Garnishment? appeared first on Sullivan ..read more

Failing to monitor your wage garnishment balance could be draining your finances more than you realize. If you’re not tracking every deduction, you could already be paying far more than required. Every missed detail—every unchecked deduction—could mean you’re unknowingly losing hundreds, even thousands of dollars. Worse, overpayments or errors can lead to extended garnishments, leaving... The post How to Check the Balance on Wage Garnishment? appeared first on Sullivan ..read more

Imagine this: You miss a tax deadline once, then again, convincing yourself that you’ll catch up next year or that the IRS won’t notice right away. But the longer you put it off, the more serious the consequences can become. From the IRS freezing your bank accounts, garnishing your wages, to even seizing your property.... The post The Risks of Not Filing Taxes: How Long Can You Go? appeared first on Sullivan ..read more

Are you still trying to ignore that tax debt?  Most people wait until it’s too late and the Internal Revenue Service (IRS) or state finally loses patience. That’s when things get serious. They might hit you with a tax lien on your property or freeze your bank account with a levy, taking money directly from... The post Understanding the Costs of Tax Resolution Services appeared first on Sullivan ..read more

Are you unsure if you owe back taxes? The IRS expected more than 128.7 million individual tax returns to be filed by the April 15, 2024, tax deadline. If you missed that deadline or overlooked something, you could be carrying a growing financial burden without realizing it. Whether it’s an unfiled return or an underreported... The post How to Find Out If You Owe Back Taxes? appeared first on Sullivan ..read more