Tax Lien Attorney for IRS Liens
Have You Received a Nasty Letter From the IRS?
Our Tax Lien Attorney Can Assist with IRS FederalTax Liens
Facing IRS liens or levies?
Have you received a letter from the IRS stating that it intends to place a lien against your property? This can be a very frightening experience, especially if you don’t know what to do or where to turn for help.
With regard to federal tax collection, the first thing you need to understand is that an IRS lien is not the same as an IRS levy. A lien is a legal claim against your property and gives the IRS the right to seize your property if you don’t pay your taxes. A levy, on the other hand, is the actual seizure of your property.
If you’ve received notice that the IRS intends to place a lien against your property, it’s important to take action immediately. The sooner you take action, the better chance you have of avoiding or resolving the issue.
We can assist you with understanding the IRS process, determining your tax liability, and appealing any questionable IRS decisions. We work in collaboration with our team of tax attorneys and accounting professionals to help you recover from this situation. Our number one priority is to safeguard your property, assets, and money from being taken by the IRS.
Preventing IRS liens
Generally, a tax lien cannot be canceled without payment of the tax at the IRS. However, this does not always apply to everyone. If you can’t pay it all together as a single payment, there is a payment plan and other options for the IRS.
How can I get rid of my federal tax liability?
In response to growing tax liabilities, the IRS is filing liens on taxpayers. A federal tax lien is documents filed in public records with the county government usually where the taxpayer lives. It warns people about unpaid taxes from the taxpayers. A lien on the property of taxpayers may include personal and real property.
How federal tax liens impact your credit score?
Liens are collected from three credit reporting agencies. In 2018, all three agencies stopped collecting tax lien info. Tax liens should not appear on your credit report. Despite this tax lien, the IRS does not keep the tax lien publicly disclosed. It means lenders, credit cards, landlords and possible employment partners can know about the lien.
When an IRS tax lien arises
The federal tax lien—sometimes called a “statutory lien” or “a silent lien”—can often be confused with an IRS notice of its existence. Notice of Federal Tax Liens is an official document that is mailed to the state to inform the other creditors of the lien interest. Whereas a statutory lien is a claim on your property that arises by operation of law. The lien exists even if you never receive any notice from the IRS.
Notifying taxpayers that a lien has been filed
The IRS will remind you of the liability before imposing a lien. The first part begins with the IRS sending a notification about tax liabilities and demand for payment. The notice of tax lien is then subsequently sent and recorded. This can cause financial stress and can cause financial problems in the future.
How do I know if the IRS has a lien?
You may learn more by calling the IRS Centralized Lien Unit at 1-844-913-6050 or calling an IRS tax professional.
How can a tax lien attorney help get an IRS lien removed?
The Fresh Start program allows for revocation by an individual taxpayer based upon direct debit installment agreements. The taxpayer must file all required returns in the past 6 years and maintain the latest estimated tax payments for each income tax year. This can help you reduce the lien by paying off your tax liability over time.
What are the consequences of IRS tax liens?
A federal tax lien gives the IRS a legal claim to your property as collateral for unpaid taxes. Tax liens can make it difficult to get loans, buy a car or house, lease property, or obtain credit. A lien can stay on your property until the debt is paid in full or until the 10-year statute of limitations expires.
