Federal Tax Lien protects the government’s interests in all your property; which comprises of real estate, personal property and financial assets.
Whenever IRS feels that the government has a legal right to your property, the IRS files a legal notice through a proper procedure to the Federal Tax Lien. The federal tax lien than informs you about the legal notice.
Methods to avoid Tax Lien
Pay your Debts completely; IRS releases your tax lien within 30 days after you fully pay your debts
Discharge of Property; You can request to cancel the lien on a specific property, but through this method the lien on other properties remain as it is.
Subordination; this method allows the creditors to move ahead of IRS, in this way you can get mortgage or loan more conveniently.
Withdrawal; you can remove the public records of your property, this prevents IRS form selling your property to other creditors.
You have paid all your tax debts and dues
You have a Direct Debit Installation Agreement which states that you will fully pay the amount you owe within 60 months
The amount you owe is $25,000 or less than that
The type of tax you owe is only income tax
You have already made three debit payments to IRS
If you owe back taxes call Tax Help MD. We may be able to settle your debt for a fraction of what you owe… 888-557-4020