If you owe taxes and don’t pay, the IRS may issue a Federal Tax Lien in the county courthouse where you live or own property, to secure payment of your tax debt and protect the government’s interests. It’s the start of their forced collection of your property (a tax levy) to settle your tax debt. It attaches to all property you currently own, and all property and assets you acquire, until you pay.
Obviously, the best way to handle a lien is to prevent it from being issued. You can:
If you already have a federal tax lien against you, there are remedies available to make your recovery easier:
Tax Clean Up can help you get your tax lien released, subordinated or withdrawn, before it becomes a levy. When your lien is satisfied, we also do something most tax practitioners do not – we work with the IRS to get credit reporting agencies to remove records of the liens. This helps you get back on your feet quicker with your credit rating. (At this writing, there is one credit reporting agency that requires the individual do this, but we’ll coach you on the process.)
Call Tax Clean Up at 214-617-2020 for Tax Lien assistance today!