IRS Tax Lien Release Solutions
Unlock Freedom from Debt: Your Path to IRS Tax Lien Release
IRS FEDERAL TAX LIEN RELEASE
THERE ARE VARIOUS METHODS TO RELEASE A FEDERAL TAX LIEN. OUR TEAM CAN OFFER YOU A FREE CONSULTATION TO DISCUSS THE QUICKEST POSSIBLE OPTION TO RELEASE YOUR FEDERAL TAX LIEN. DON'T HESITATE TO CALL US TODAY.
FEDERAL TAX LIEN.
IRS files 975,000 Federal Tax Liens each year. That amount is expected to sharply rise in the near future as millions of taxpayers are continuing to be in debt with the IRS.
The filing of a Federal Tax Lien financially cripples taxpayers and ruins their financial lives for up to ten years. It is best to get your Federal Tax Lien Released as soon as possible.
SOME OF THE WAYS A FEDERAL TAX LIEN CAN AFFECT YOU.
- Your Assets: A Federal Tax Lien encompasses all of your existing assets as well as any future assets acquired while the lien is in effect. This includes possessions such as cars and boats.
- Your Credit: The filing of a Notice of Federal Tax Lien by the IRS can severely impact your ability to obtain credit. This Federal Tax Lien becomes a permanent part of your credit history.
- Your Business: The lien also applies to all business properties, encompassing all rights to such properties, including accounts receivable.
- Public Notice: A Federal Tax Lien is recorded at the courthouse in your place of residence, serving as a public declaration that you owe back taxes to the IRS.
FEDERAL TAX LIEN VS. FEDERAL TAX LEVY
There is a common misunderstanding between a Federal Tax Lien and a Federal Tax Levy or Garnishment. A Federal Tax Lien exists to secure the government’s interest in your property in the event of unpaid tax debts. Meanwhile, a levy or garnishment will directly seize the property to settle the debt. Failure to pay or arrange settlement for tax debts may prompt the IRS to seize and sell any real or personal property. Bank levies and wage garnishments are the most common forms of Federal Tax Levy. It’s essential to discern the difference between these actions to prevent confusion and potential financial losses.
IRS FEDERAL TAX LIEN RELEASE – IMMEDIATE TAX RELIEF FORMER IRS TAX EXPERTS
HOW TO GET YOUR FEDERAL TAX LIEN RELEASED
Paying in Full: The simplest method to obtain a Federal Tax Lien release is by paying the owed tax in its entirety. Once paid, the IRS will release the federal tax lien within 30 days, providing immediate tax relief.
- Discharge of Property: This allows for property to be sold without the encumbrance of the lien.
- Subordination of the Federal Tax Lien: Although this doesn’t remove the federal tax lien, it enables other creditors to take precedence over the IRS, potentially facilitating the acquisition of a loan or mortgage.
- Withdrawal of the Federal Tax Lien: By removing the public notice, this assures that the IRS won’t compete with other creditors for your property. If you apply for a withdrawal, use Form 12277.
- Entering an IRS Installment Agreement: If you owe less than $50,000 and have filed all required tax returns, the IRS may release the Federal Tax Lien. They will request a direct deposit into their system and can release the Federal Tax Lien after receiving three payments.
- Statute of Limitations: Determine if the 10-year collection period for the tax years in question has expired. This period begins when the IRS makes an assessment on their computer, typically taking 6 weeks after returns are filed. If the period has expired, the lien is automatically released by statute, but you must formally request a copy of the release from the IRS.
- Contact Us: Speak directly with a Tax Professional and receive tax relief from your Federal Tax Lien.
IRS FEDERAL TAX LIEN RELEASE – OBTAIN IMMEDIATE TAX RELIEF.
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