Removing an irs tax lien
Having your Federal Tax Lien released is the only way you can be sure your personal property will not be seized. The most simple way of removing a tax lien is by paying in full. Thirty days after payment is received, the lien is removed. If cash is paid, the lien is removed immediately.
Removing a federal tax lien is possible if:
- The IRS did not file in accordance with regulations,
- Removing tax liens speeds up collections.
- Removing tax liens will be in the best interest of both parties.
Removing an IRS Tax Lien is also possible by appealing the lien. There are a few reasons to appeal a Federal Tax Lien including:
-The debt was already paid in full.
-The IRS filed a Federal Tax Lien while the taxpayer was undergoing bankruptcy proceedings.
-The IRS did not follow procedures when filing the Federal Tax Lien.
-The statute of limitations for tax debt collection, which is generally ten years, has expired.
-The IRS did not give the taxpayer a chance to dispute the Federal Tax Lien.
If you have a Federal Tax Lien on your property, or are in danger of receiving one, you need the experienced professionals at Elite Tax and Accounting on your side.
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IRS Tax Lien Help