Topic: Wage Garnishment

In 2005, the IRS filed a $2.4 million tax lien against a media executive, claiming a failure to file taxes while living in the UK since 1999. IRS agents reportedly entered the company's office with weapons drawn looking for the individual. It took six months of legal proceedings to prove the executive had been living overseas and to remove the resulting wage garnishment.

The hosts share personal stories regarding the IRS and the difficulty of resolving tax disputes. One host describes a multi-year ordeal involving a $2.4 million erroneous tax lien that resulted in armed agents visiting his office. They discuss the long lead times required to clear wage garnishments even after a debt is settled.