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Garnishment |
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Garnishment Money withheld from an individual's paycheck and remitted to another party, usually a creditor. Notes: When reporting taxable income, you must include the amounts garnisheed from your wages.See also: Creditor, Gross Income, W-2 Form, W-4 Form, Withholding, Withholding Allowance, Withholding Tax |
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Payroll Service Bureau Program -- In addition to electronic tax filing and payment capabilities, UBCC allows users to automatically generate tax payment checks (as well as health savings accounts, child support, garnishment and other third-party payments via check or ACH payment) directly to the appropriate authority. Simply put, a garnishment is a court order for an employer to withhold wages to be applied as payment of debt. But outside of federal bankruptcy things remain murky, and there still is uncertainty about whether retirement funds are subject to state attachment and garnishment proceedings. |
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Garnishment