IRS Tax Liens & Levies
IRS Tax Lien | IRS Tax Levy | Lien Subordination
When you neglect or fail to pay your IRS tax debt, the IRS may pursue a tax lien allowing it to have legal right to your property, including real estate, personal property and other financial assets. The IRS will then file a Notice of Tax Lien alerting creditors of their legal right to your property which will also be reported on your credit report. If a taxpayer fails to respond, an IRS tax levy allows the IRS to take your property to satisfy your IRS tax debt. This result should be avoided. A quick response in addressing your tax lien with a qualified tax attorney is your best solution.
An IRS Tax Lien may be removed and your credit repaired by devising a plan to find the best tax solution for you by either settling your debt through the IRS Offer in Compromise Program or by negotiating an affordable payment plan and reducing your tax debt.
Another option is to seek tax relief by requesting from the IRS a subordination of your tax lien. This tax relief option allows you to borrow money from your property to pay off the tax debt if there is adequate equity in your property. This loan allows you to finance your tax debt with an affordable monthly payment plan and deduct the interest on the loan from your income.
It is crucial that your tax lien is properly released by an experienced tax attorney to avoid losing legal right to your property. If you need help with tax liens in Los Angeles, San Diego, Maryland, or New York, please call Delia Law for a no-cost tax attorney consultation at (619) 639-3336. We look forward to helping you. We are also conveniently located at 12707 High Bluff Drive, Suite 200.
Related Pages
- Tax Problems
- Back Taxes – Unfiled Returns
- Wage Garnishment
- Bank Levy
- Payroll Tax Debt Relief
- New York Tax Problems
- Maryland Tax Problems
- IRS Tax Lien
TAX ATTORNEY IN SAN DIEGO, LOS ANGELES, CARLSBAD, DEL MAR, SOLANA BEACH, ENCINITAS, RANCHO BERNARDO, ESCONDIDO, OCEANSIDE, AND CHULA VISTA