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Lien Release

 

Life Is for Living, Not Worrying About Tax Problems.

 

 

At Legacy Tax & Resolution Services, we understand that life doesn’t always go according to plan. If you need help with tax problems, let us take the weight off your shoulders. Get a free, no-obligation consultation with one of our Certified Tax Resolution Specialist today to find out just how easy it is to worry less and live more.

 

 

Call Immediately to keep a Tax Lien off public records

 

IRS Tax Liens - Stop THE IRS Now!

A federal or state tax lien is a debt security instrument claimed and filed on your real estate and or personal property.  This claim is utilized to pay delinquent taxes. The IRS will make an assessment and send a “Notice of Demand" CP501. The term "assessment" refers to the statutory assessment made by the Internal Revenue Service (IRS) under 26 U.S.C. 6201. The "person liable to pay any tax" described in section 6321 must pay the tax within ten days of the written notice and demand. If the taxpayer fails to pay the tax within the ten-day period, the tax lien arises automatically, by operation of law, and is effective retroactively to (i.e., arises at) the date of the assessment, even though the ten-day period necessarily expires after the assessment date..

If you have received a “Notice of Federal Tax Lien”  Form 668(y)(c) you must act quickly to remove it. The IRS may still have a right to collect even after an “Offer in Compromise” or installment agreement has been negotiated. Tax liens may be withdrawn if the IRS can settle your tax debt through other means.

The IRS or state can make your life extremely miserable by filing a lien against your assets.  This will do severe damage to your credit and likely prevent from sell certain assets.  

You should be aware of the following regarding IRS and State liens;

  •  Federal Tax Liens are public records subject to review by any person with access.
  •  They are filed with the County Clerk in the county from which you or your business operates.
  •  Because they are public records they show up on your credit report.
  •  A lien will make it difficult or impossible for a taxpayer to obtain a loan
  •  Federal Tax Liens also can tie up your personal property and real estate.
  •  Once filed, it will be difficult to sell or transfer the real or personal property.

The following are the possible outcomes of a lien;

  • Release -  A release of lien may be obtained after the underlying tax liability has been satisfied in full, establishment of a monthly payment plan with period of payments,or acceptance of an Offer in Compromise and payment of the agree amount.
  • Discharge: A Certificate of Discharge may be obtained if the IRS or State is paid in full as part of sale of an asset(s).
  • Subordination: A Certificate of Lien Subordination may be obtained if the IRS or state will be paid off as part of the refinancing of the property. (Subordinations are difficult and timely to obtain. If this is required to refinance the property, I would suggest that you hire professional representation)
  •  Removal: The IRS or State will remove a lien if you can prove that they failed to follow collection procedures or the lien was filed in error. (As part of our process, we scourer the IRS and State transcripts looking for error in procedure. If found the IRS or State MUST remove the lien)

Allow our Certified Tax Resolution Specialist

to assist you in resolving your federal tax lien issues, once and for all.

 

 

For more information about Tax Liens see, Frequently Asked Questions- Tax Liens

 

If you feel that you can handle this on you own but perhaps need some guidance, check out our DIY site for the

 

DIY Release an IRS lien Guide

 

If you feel like you’re in over your head and need representation, check out the link below.  There you will be able to reach out us for one of our Tax Resolution Specialists to take this burden off your hands

 

 

 

 

If you would like to engage our services, give us a call at 800-829-7483.

 

 

Legacy Tax and Resolution Services employs experts in the tax field. These IRS tax consultants will review your case and provide a best case scenario to resolve your tax problem.

 

 

 

 

 

 

 

We Offer Financing for Our Tax Resolution Fees

 

Stop the stress and resolve your problems!

 

Call 800-829-7483 for a FREE Consultation

 

See our Tax Help Video Library

Ask a Question via e-mail

 

 

See Also

What Is Your Tax Resolution Services Guarantee?

Once The IRS Has Filed A Substitute Return, Can I Still Lower My Tax Liability?

What Can I Do If I Can't Pay The IRS What I Owe?

If I Have Not Filed Tax Returns For Years, Is It Better To Start Filing Or Wait Until The IRS Asks For The Returns?

I Own Or Work For A Company That Is Behind On Employer Or Sales Taxes, Can The Government Pursue Me and My Personal Assets?

What Is Tax Relief and How Do I Qualify?

What About DIY Tax Resolution?

 

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