Definition: A levy the Internal Revenue Services (IRS) can put on your wages. Using a Wage Levy, the IRS can force your employer to deduct some of your wages and send it directly to the IRS to pay back taxes.
The IRS is not the only government agency that is capable of garnishing your wages with a Wage Levy. In many jurisdictions, agencies like Child or Spousal Support Enforcement, Fraud Investigation, or Judicial Courts may be able to establish a Wage Levy if you owe money to the government or a third-party whose interests are protected by the government.
Blog
Twitter