Tag Archives: Tax lien

Getting Rid of a Tax Lien

By   December 4, 2014

Looking to get rid of a Tax lien through a lien release or lien withdrawal?  Call 860-4THE-LAW to be connected directly to a real, live, Tax Attorney. Click “Call Now” below to call, send me a message, or schedule a phone consultation.

 

If you owe money to the federal government, the IRS will often place a tax lien on your personal and real property. That lien is piece of paper filed by the Internal Revenue Service with your local  and/or state government. The purpose of an IRS lien is to give the government priority in your stuff.  A tax lien should not be confused with a tax levy. A lien protects the government’s interest in your property, but a levy (garnishment) involves the government taking your property. If the IRS issues a levy, they will either empty your bank accounts, garnish your wages, or sell your house or other property to collect from you.

How an IRS Tax Lien Hurts

An IRS tax lien can hurt you by making it difficult for you to obtain credit, this will make it tougher to buy a home, a car, take out a personal loan, or get a job. Tax liens make it harder to live. Get some Tax Help in Connecticut! Give me a call today.

There are only a few ways to get rid of a tax lien

You may be able to get a lien released or withdrawn by:

  • Paying your tax bill in full,
  • Getting the IRS to accept an Offer in Compromise
  • Entering into an Installment Agreement (in some cases)
  • Filing for bankruptcy (in some cases)
  • Paying a portion of the tax due and suing for a refund in district court (some cases)
  • Waiting for the collection statute (CSED) to expire (10 years)
  • or, Filing an appeal with the IRS if the lien was filed by mistake or is impacting your ability to earn a living (in some cases)

If you are trying to deal with a tax lien – or if you are worried that one will be filed against you, I urge you to contact me today to discuss. I am a Connecticut Tax Lawyer, but I take on the IRS for clients throughout the United States.

The best time to fight a lien is before it is filed. But when that is no longer an option, the best thing to do is to seek professional advice to resolve the problem. When a lien is filed – that’s usually a sign that levies are on their way. A lien filing provides you with the opportunity to request a hearing with IRS Appeals to protest the lien.  Contact me today to make sure that your due process rights are protected. Need Tax Help, and live in Connecticut? Just give me a call. You will speak directly to me, and the first consultation is free.

It’s time to put your IRS problems behind you. I am here to help make that happen.