IRS wage garnishment is a process of collecting debt from a person's weekly wages. Garnishment of wages works by taking a portion of a person's net income from each paycheck until the debt is paid off. Laws and regulations limit the amount of money that may be garnished per paycheck. Employees are also protected against being discharged due to a federal wage garnishment on their income.
Wage garnishment laws can be complicated for both employees and employers. To better understand the rules, there are plenty of resources you can turn to for more information. You can find wage garnishments education and training resources through:
1. The U.S. Department of Labor.
2. Lawyers familiar with the wage garnishment process.
3. Services that provides assistance for those who want to start or stop wage garnishment.
Refer to government and expert resources for more information on garnishment wagesThere are many expert resources online that can explain the law to employers. Of course, the most authoritative source for information on the process comes from the U.S. government. Government resources provide information on garnishment laws that outline the the amount of money that can be held back from an employee's paycheck, as well as laws that pertain to the unlawful firing of an employee who receives wage garnishments.
U.S. Department of Labor provides an employment law guide that covers all the basics of wage garnishments. Thomson Reuters provides the "Employer's Guide to Garnishment," which can help you work out how and when you need to garnish an employee's wages. Federal Student Aid provides a comprehensive overview of an employer's role in an administrative wage garnishment should an employee default on a student loan. Take an audio course on garnishments best practices from HRTrainingCenter.com or a webinar instruction session with Amorette N. Bryant, author of The Complete Guide to Federal and State Garnishments, presented by WorkForce Software.
Consider referring to lawyers for advice on bank garnishmentBoth employers and employees can benefit from referring garnishment issues to a lawyer who is familiar with tax and garnishment laws. It's important to make sure you follow the law in regards to any action you take with an employee who has garnishments.
Use software to ensure you comply with wage garnishment human resources issuesCompanies that need to perform wage garnishments can use tools like wage garnishment software, or wage garnishment tools that come with accounting and payroll software. This can help you calculate what needs to be held back from an employee's paycheck and keep track of where the money is sent.
- If you have to deal with tax garnishment from one or more employees, make sure you check resources that can tell you whether your business qualifies for a reimbursement fee for costs associated with garnishing pay.