Need to Know How to Remove an IRS Tax Lien?
Taxpayers working to remove a tax lien placed against them by the Internal Revenue Service often feel the laws are against them. Wading through mounds of paperwork, documentation requirements and legal red tape can be frustrating, especially when time is ticking away and federal compliance deadlines must be met. Many do not know where to start or who to call. You are in need of a tax attorney to help you. Our team of tax professionals at Instant Tax Solutions(ITS) has the expertise to negotiate with the IRS on your behalf.
Understanding a Federal Tax Lien
A federal tax lien is a notice to all creditors that the IRS has laid claim to a taxpayer’s property for a tax debt. The IRS tax lien is attached to all property and property rights belonging to the taxpayer, including those the taxpayer may acquire after the lien arises. The tax lien is applied automatically after the IRS makes a tax assessment on a debt for which the taxpayer has already been notified but has not paid. After notification, the taxpayer has 30 days to appeal the lien. Two suggestions for removing a tax lien are:
- Pay the tax debt
- Hire a tax professional to help you resolve your tax problem
Working With the IRS
You can work with the IRS to remove a tax lien by applying to have the lien discharged. It is imperative to have a tax professional help you communicate with the IRS. Four possible resolutions exist:
- Partial payment can be made
- The IRS could determine its interest in the property has no value
- The IRS agrees to receive the proceeds from the sale or refinance of the property, or
- The taxpayer can submit another piece of property with a fair market value at least double the amount of the tax owed
Your tax attorney is experienced in negotiating the most favorable solution for your financial condition. Instant Tax Solutions can help you submit an application for a certificate of discharge. ITS experienced tax professionals will ensure all documentation is correct and complete. You need a tax attorney on your side to obtain the best resolution to removing your tax lien.
No Need to Succumb to IRS Intimidation
Call ITS today and let our tax professionals inform you of your rights as a taxpayer. Our tax experts can protect you from entering into an agreement with the IRS that is not financially compatible for your family. Let us negotiate an affordable resolution that will restore your peace of mind and financial security.
