Tax Liens & Levies: Myth vs. Fact
Receiving a tax lien or levy can be extremely intimidating, and many people feel as though they’ll be hunted down by the IRS until they satisfy the debt. There are many misconceptions about these IRS actions, though, and it’s important to understand your options before doing anything else.
Myth: I can't fight a lien or levy.
Fact: You can fight it! Both a tax lien and a tax levy can be removed if you fit within certain parameters. They can be removed — even if you still owe taxes — but you have to work with the IRS and be proactive about settling your debt.
Myth: The IRS won't quit until I pay.
Fact: The IRS is very willing to work with you if approach the problem strategically. Even if you don’t get the debt removed completely, your attorney can work with them to minimize the amount that you owe.
Las Vegas Wage Garnishment Laws
A related topic to tax liens and levies is wage garnishment. If you owe a person or an institution money, they may arrange for the court to issue you/your employer a wage garnishment. When this happens, your employer is legally obligated to withhold part of your paycheck so that it can be sent to the person/institution you are indebted to.
In Clark County, there are a few specific rules to keep in mind. If your employer receives a wage garnishment for you, they have 20 days to respond. If they don’t, you are responsible for following up on the wage garnishment within 4-6 weeks of the reduced paycheck. At most, your employer can withhold 25% of your net pay, but they have the power to choose how much your net pay is affected.