If the IRS Files a tax lien against you it can be an absolute nightmare. It can definitely effect your life.
If your receiving letters from the IRS for collections, call us today and we can file an IRS Collection Appeal to stop a lien, levy or even a seizure. The IRS is determined to collect the debt. Make no mistake about it. If you have received a collection notice, it’s very important to act quickly. The IRS has the power to make bad things happen without further notice.
If You Already Have A Levy against Your Assets
Since tax liens are a matter of public record that tells everyone that you owe the IRS, you may find it difficult to obtain credit for a new purchase. Since tax liens are public record the will show on your credit report.
It can also make it impossible to sell your home, or transfer ownership because there the Lien or Levy prevents you from getting a clear title for the property. An unfortunate consequence of a tax levy or lien on your home is makes it very difficult for you to refinance, get a home equity loan, or open a home equity line of credit to pay off the IRS debt. Fortunately, a qualified professional like an Enrolled Agent may be able to negotiate a certificate of discharge, or a certificate of subordination, to help you use your home equity to clear the debt. We can also negotiate a release or removal of the lien when the appropriate conditions are met. If you have a Lien or Levy against you, please call us today.
Don’t trust just anyone with your tax solutions. Use an Enrolled Agent,
one of “America’s Tax Experts®” in all your tax matters. Let’s Get it Started!