Dealing with an IRS tax lien or levy can be stressful and disruptive. These actions can affect your financial stability, credit score, and ability to manage assets. With professional tax lien and levy resolution services, you can work toward resolving these issues effectively and regain control of your financial situation.

What are Tax Liens and Levies?

• Tax Lien: A tax lien is a legal claim by the IRS on your property, including real estate, vehicles, or other assets, as security for unpaid tax debt. Liens can harm your credit score and make it difficult to sell or refinance assets.
• Tax Levy: A tax levy occurs when the IRS seizes your property, such as bank accounts, wages, or other assets, to settle unpaid taxes. Levies are more severe than liens and can create immediate financial strain.

How I Help with Tax Lien and Levy Resolution

Initial Assessment

I begin by reviewing your tax situation to understand the nature and scope of the lien or levy. This includes analyzing IRS notices, account balances, and potential compliance issues.

Resolving Tax Liens

I work with the IRS to address liens by:

• Paying the Debt in Full: Assisting in managing payment to release the lien.
• Discharge of Property: Helping remove a lien from specific property to allow for its sale or refinance.
• Subordination: Making it easier for you to qualify for loans or credit by requesting the IRS to make its claim secondary to another creditor.
• Withdrawal of Lien: Requesting the IRS to remove the lien if it is resolved or if it qualifies for withdrawal under IRS guidelines.

Stopping or Releasing Levies

Levies require immediate action to prevent further financial disruption. I assist by:

• Negotiating Payment Plans: Setting up an installment agreement with the IRS to stop levy actions.
• Submitting Offers in Compromise (OIC): Proposing a reduced settlement amount if you qualify.
• Requesting a Collection Due Process Hearing: Filing for a hearing to appeal the levy and explore alternative resolutions.
• Proving Financial Hardship: Demonstrating that the levy creates undue financial hardship, which may prompt the IRS to release it.

Preventing Future Liens and Levies

Once your lien or levy is resolved, I provide ongoing guidance to help you stay compliant with tax laws and avoid similar issues in the future.

Why Work With Me for Tax Lien and Levy Resolution?

As an Enrolled Agent, I specialize in representing clients before the IRS. My experience and knowledge of tax laws allow me to navigate the resolution process efficiently, ensuring that your interests are protected at every step. I provide personalized solutions tailored to your financial needs and goals.

Frequently Asked Questions

Q: How do I know if I have a tax lien or levy?
A: The IRS will notify you via mail before placing a lien or issuing a levy. If you receive such notices, contact a tax professional immediately.

Q: Can a lien or levy be removed?
A: Yes, liens and levies can be resolved through various strategies, such as paying the debt, negotiating a payment plan, or proving financial hardship.

Q: What’s the difference between a lien and a levy?
A: A lien is a claim on your property, while a levy involves the actual seizure of your assets. Both require swift action to resolve.

Take Action Today

Don’t let tax liens or levies control your financial future. With my Tax Lien and Levy Resolution services, you’ll receive expert guidance to address and resolve these issues effectively.

Contact me today to schedule a consultation and start the path to financial relief.