How to get a Federal Tax Lien Released-Former IRS Agent

How to get a Federal Tax Lien Released-Former IRS Agent

Posted on by

Fresh Start Tax  “A” Rated by the BBB   A Professional Tax Firm  Former IRS Agents, Managers and Instrcutors can help you through your problem

Call us today to get this process started.

How to get a Federal Tax Lien released or removed!

Releases or removals of the Federal Tax Lien filed by the Internal Revenue Service

Almost all Federal Tax Liens filed by the IRS and your back taxes are filed by the IRS computer system. The Federal Tax Liens are systemically filed by the IRS and the computer system called “CADE’, Customer Account Data Engine. The Federal Tax Liens are filed after a formal notice and demand was given or issued by the IRS. There are ways to remove or release the Federal Tax Lien on back taxes. Call us today.

The IRS must release your Federal Tax Lien when:

1.The liability is satisfied

2.The liability is unenforceable, the 10 year statute of limitation has expired;

3.  A bond has been accepted by the Internal Revenue Service.

If the statute has expired on each of the tax years, the Internal Revenue Service will not issue a formal release of the federal tax lien. The Service will tell you the lien is expired by statute. Unless you call them and ask for a formal release of the federal tax lien, a paper release will not be generated. It is very important to contact the credit bureau and make sure the released is picked up by each agency. You should check 30 days after the releases of the Federal Tax Liens.

“Unenforceable” means, as a matter of law it is no longer collectible.

Acceptance of a Bond by the Internal Revenue Service;

The bond must be executed by a surety company holding a certificate of authority from the Secretary of the Treasury, or, in the discretion of the area director, collateral may be accepted within established limits . A listing of approved sureties is contained in Department Circular 570, Treasury’s Listing of Approved Sureties, which is available on the Internet at fms.treas.gov/c570. The acceptability of a surety, other than a Treasury approved surety, will be determined on a case by case basis.

Acceptance of an Offer in Compromise

1. When an Offer In Compromise has been paid in full, the Internal Revenue Service will issue a release of the federal tax lien on back taxes.

Cases involving the Trust Fund Penalties

Issue a Certificate of Release of Federal Tax Lien to the nonpaying officer(s) on a trust fund recovery penalty assessment when one officer has paid the liability in full. This will be done even though the liability has not been abated pending the expiration of the statutory period during which a claim for refund by the paying officer may be made.

Bankruptcy Discharge of One Party on a Jointly Filed Lien

When one party on a jointly filed federal tax lien files bankruptcy and is discharged.

A certificate of releases for the party discharged must be manually prepared. These are not systemic issuance’s. These are much harder to get the attention of IRS employees.

Innocent Spouse Determinations

The IRS through the IRC § 6015 grants relief to a spouse when it is determined that he or she is not responsible for the liability.

The IRS issues a release for the taxpayer who is not responsible for the liability.
With Full Payment an immediate release of the federal tax lien is given

When a taxpayer wants to pay the liability in full in order to secure an immediate lien release,  IRS will do the following:

IRS will prepare Form 668(Z), Certificate of Release of the IRS Federal Tax Lien.

IRS will forward a copy of the Form 668(Z) to the correct unit. They will forward the copy by secure email including the date of the release, the reason for the release, and the name and badge number of theperson initiating the release. If unable to send this information via email, phone or fax the information to the lien release unit

IRS will provide Notice 48, Release of the IRS Federal Tax Lien, to the taxpayer.

IRS will advise the taxpayer that he or she must file the certificate and pay a recording fee if the release needs to be recorded immediately. The filing fee is different in each state.
The quick handling of this can be done through a professional company like Fresh Start Tax.

Certificate of the IRS Release of the Federal Tax Lien

Issue a Certificate of Release only after all assessments covered by the federal tax lien meet the criteria for release even though a certificate can be issued after each assessment is satisfied or becomes unenforceable.

If a specific request is received from a taxpayer for the issuance of a release of satisfied or unenforceable modules on federal tax lien recorded with multiple modules, forward the request for a partial release of the federal tax lien

This entry was posted in IRS Tax Advice, Tax News. Bookmark the permalink.

Call We Can Solve Your Tax Problem Immediately!

Member Of NSA, FICPA, NAEA, Better Business Bureau Accredited Business

: Home: The Firm: Tax Solutions: FAQs: Testimonials: Media Center: Press Releases: IRS Forms: Blog: Contact:
: Site Map: Privacy Policy:

: Immediate Representation: Received IRS Letter: Remove IRS Wage Garnishment: Remove IRS Bank Levy: Installment Agreements:
: Release Tax Liens: Unfiled Tax Returns: Negotiate Offer in Compromise: Innocent Spouse: Settle Payroll Liability / 941:
: Apply for Hardship Status: Large Dollar Cases: 165 Theft Loss Tax Deduction: Owe 401k IRS Taxes: Christian Tax Professionals:
: IRS Tax Audit: Florida Sales Tax Problems: Florida Tax Attorney: Income Tax Return Preparation:

 

Fresh Start Tax provides solutions to your IRS Tax Problems in South Florida including the Palm Beach, Broward and Miami-Dade Counties and the cities of:
Miami, Fort Lauderdale, West Palm Beach, Weston, Plantation, Boca Raton, Delray Beach, Hallandale, Deerfield, Pompano

Now providing Tax Solutions to Highlands County including Sebring

*Mr. Sullivan has been in private practice since 1982 in South Florida which gave roots to Fresh Start Tax LLC.
The firm began as Sullivan & Powell PA and through the years transitioned to its now current form.

All attorneys are retained by separate engagement on all tax cases to maintain attorney client privilege.
They have the option if retaining fresh Start tax LLC by engagement or on certain cases by use of a Koval letter.
Should you have any question you can speak directly to the attorneys or lawyers themselves.
Anthony M. Verni is admitted to practice law in the state of New Jersey and licensed as a certified public accountant in the state of Illinois.
Frank Andreacchi, Ed Vecchio and Scott Szaro are no longer with the company and are pictured on our site.

Disclaimer: No Rendering of Advice - The information contained within this website is provided for informational purposes only and is not intended to
substitute for obtaining accounting, tax, or financial advice from a professional accountant. Presentation of the information via the Internet is not intended
to create, and receipt does not constitute, an accountant-client relationship. Internet subscribers, users and online readers are advised not to act upon this
information without seeking the service of a professional accountant. Any U.S. federal tax advice contained in this website is not intended to be used for
the purpose of avoiding penalties under U.S. federal tax law.

Accuracy of Information - While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information
contained in or made available through this website is accurate, complete, reliable, current or error-free. We assume no liability or responsibility for any
errors or omissions in the content of this website or such other materials or communications. Call Fresh Start Tax at 954-492-0088.

Disclaimer of Warranties and Limitations of Liability - This website is provided on an "as is" and "as available" basis. Use of this website is at your own risk.
We and our suppliers disclaim all warranties. Neither we nor our suppliers shall be liable for any damages of any kind with the use of this website.

Links to Third Party Websites - For your convenience, this website may contain hyperlinks to websites and servers maintained by third parties. We do not
control, evaluate, endorse or guarantee content found in those sites. We do not assume any responsibility or liability for the actions, products, services and
content of these sites or the parties that operate them. Your use of such sites is entirely at your own risk.

© 2014 Fresh Start Tax : All Rights Reserved :