An IRS tax lien is the government’s legal claim against your property when tax debt remains unpaid. A lien can affect your financial life, create problems when selling or refinancing property, and signal that the IRS may continue collection efforts.
A lien does not mean you are out of options. Depending on your situation, the IRS may release a lien after the balance is paid, withdraw a lien in limited circumstances, subordinate a lien to help with financing, or discharge a lien from specific property. In many cases, the first step is building a larger resolution plan for the underlying tax debt.
Taxpayers often seek help when they are trying to sell a home, refinance property, protect business operations, repair financial standing, or stop the tax issue from escalating into levies or garnishment.
Do not ignore a lien notice. Gather the notice, property information, mortgage or loan documents if relevant, and recent tax returns. The Tax Solvers can review your options and help you determine the best next step.
If the IRS filed a tax lien against you, contact The Tax Solvers today. We can help you understand what it means and what can be done.
Understand what an IRS lien means and what can be done to resolve or reduce its impact.
Tell us what the IRS is asking for and we will help you identify the right next step.
Contact The Tax Solvers today and get a clear plan for your situation.