Yes ----- usually by a court order.
Also by statuate and taxing authorities
No, a minors bank account can not be garnished, if they are the only person on the account. If this is a joint account and the non-minor is subject to a judgment then it can be levied or garnished.
Payroll expense is a nominal account and as it is expense account so like all expense accounts it also have debit account.
Can my check be garnished without, out court order
Wages can be garnished for unpaid taxes through various methods such as your current employer. The best way to find out if you are facing a garnishment is through the IRS or your payroll department.
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
A garnished account is an account that has been levied. Many accounts are garnished as a result of past due taxes or child support.
No, a minors bank account can not be garnished, if they are the only person on the account. If this is a joint account and the non-minor is subject to a judgment then it can be levied or garnished.
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
Can bank account five dollars or less be garnished?Read more: Can_bank_account_five_dollars_or_less_be_garnished
Payroll expenses account goes to Profit & Loss account while Payroll payable is a Balance Sheet Liability item... Journal entry:Payroll Expense Account - DR ...........(P&L)Payroll Payable Account - CR ............(B/S)
Whether your money can be garnished depends on the type of business you have. If you have a corporation, your personal liabilities are separate from your business liabilities, which means your corporation's bank account will not be garnished.
Payroll expense is a nominal account and as it is expense account so like all expense accounts it also have debit account.
Can my check be garnished without, out court order
Yea. But I think if you have another persions name on it a co owner, they can't bother it. Yes, your bank account can be garnished if you owe child support.
Wages can be garnished for unpaid taxes through various methods such as your current employer. The best way to find out if you are facing a garnishment is through the IRS or your payroll department.
Debit payroll expense credit cash account
The same as everybody else. tips are factored for estimated total, but they garnish from the payroll part of their income.