After filing taxes for 2018, many people in Washington received a tax bill instead of a refund for the very first time. For some people, they may have had a tax bill for years that they did not know how to tackle. Whatever the situation, it is important to resolve that tax debt with the IRS as soon as possible.
Residents in Washington State may not have to pay state income taxes but that does not mean that people are always able to pay the full amount of federal income taxes they owe. When faced with a high tax bill from the Internal Revenue Service, consumers might wonder what options they have if they are unable to pay the amount due by the required payment deadline.
If you owe federal or Washington state taxes, you should take your debt seriously and try to make arrangements to repay it. If you do not, the tax agency involved could have your wages garnished. According to FindLaw, wage garnishment occurs when a court or government agency requires your employer to withhold a portion of your earnings in order to satisfy a debt. Garnishment of your wages can take place to satisfy other obligations than tax debts, such as alimony, child support and debts owed to the federal government but not related to taxes.
If you have received notification that you are in debt with the Internal Revenue Service and immediate action is required on your part, it can be easy to feel overwhelmed. Tax debts, like any other type of debt, can wreak long-lasting, negative consequences if not addressed right away. At Gellner Law Group, we have helped many people in Washington to deal with tax debts.