The IRS is one of the biggest collection agencies in the world. Because of it's power, it can assess garnishments on paychecks, place liens on properties, and levy bank accounts, essentially clearing them out.
It's best to set up an Installment Agreement or use other options, such as an Offer In Compromise if you have a substantial balance due.
When choosing to resolve these issues, it's best to use a Tax Resolution firm like JG Tax Group (http://www.jgtaxgroup.com), because most of the Tax Resolution Firms you see on TV are terrible - Tax Masters, Ronni Deutch and JK Harris have multiple complaints and maintain unacceptable scores with the Better Business Bureau.
yes IRS will garnish 401k because they see it as a income.
yes, they can garnish your wages
The IRS can garnish a self employed or 1099 employee. If income taxes are not paid, the IRS has the right to attempt to retrieve them.
The IRS can only garnish for themselves, If you are owed money and get a judgement, you can garnish someone yourself.
Yes
Yes if you filed a join tax return Or you have a join bank account. IRS will garnish 401k because they see it as a income.
Yes, the IRS can, and will, garnish an income tax refund if money is owed from an audit.
if a deferrment has been done on a student loan wll IRS still garnish refund.
The IRS does not garnish these payments (except from their employees). The IRS will, at the State's request, intercept tax refunds to collect unpaid child support.
The IRS can garnish your wages if you owe the government back taxes or defaulted on your student loans. They can take as much as it takes to pay off the debt.
They and many others.
Until your debts are paid.