In the U.S., individuals who want to stop IRS wage garnishment might want to use the Offer in Compromise Program, which is an IRS program that allows qualified individuals in need of Irs tax relief to negotiate a settled amount that is lower than the total owed to clear a debt. In order to use the OIC program, individuals must meet the condition of doubt as to liability, doubt as to collectibility, or effective tax administration to qualify for a settlement and stop IRS wage garnishment. Using an OIC in order to receive tax debt relief might have become more difficult on July 15, 2006, when the IRS made changes to the program that require an up front, 20 percent , non refundable payment plus $150 to be submitted with the OIC in the case of a cash offer. Though it might have become more complex, an OIC might still be the best way for individuals to stop IRS wage garnishment.
President George W. Bush signed a series of tax cuts into law, the largest of which was the Economic Growth and Tax Relief Reconciliation Act of 2001. But even with those laws, many individuals need to find tax relief help in order to stop IRS wage garnishments and other tax penalties. Although the IRS will not start garnishing wages without providing notice and the chance to make payment arrangements, individuals will still want to make sure that they quickly find IRS debt relief. Doing so is necessary to stop IRS wage garnishments. Though the best way to stop IRS wage garnishments is simply clearing debts, finding ways to minimize them can be useful.