What are Liens?
Federal Tax Liens are a relatively passive form of collection. The IRS files this form with your local county to secure their interest in any assets you may have. It is common practice for the IRS to file a Federal Tax Lien against each balance due even if you don’t necessarily have assets to file against. In which case the biggest inconvenience is that liens are public record.
Unfortunately, there are many tax relief companies and representatives that use these records to solicit business in a misleading manner, sending aggressive notices that are portrayed as coming directly from the IRS to intimidate you into contacting them. This is one reason it is so important to hire an experienced firm like Real Tax Remedies who knows how to recognize genuine contact from the IRS.
Why Real Tax Remedies?
Although major credit bureaus are no longer reporting Federal Tax Liens, they will show up if you apply for traditional lending through a bank. Where they have the biggest impact though is if you are trying to sell or refinance your home. The IRS will allow you to do these things, but they require a considerable amount of paperwork to get around the lien and they typically require payment to the IRS. This can make the process of discharging your Lien pretty stressful, especially since you’re usually working to meet a closing deadline. Real Tax Remedies can help you make this process as efficient as possible. We can work directly with your lender and the IRS so that you can focus on what is really important.
Liens affect your credibility, but we can help mitigate the damage. Schedule your free consultation today to find out how.
Additional Services
Installment Agreement
Payment Plan Program
Currently Not Collectible
Hardship Program
Revenue Officer
An individual agent assigned to enforce maximum collection
Payroll Tax
Taxes Associated with Paying Wages