by Fresh Start Tax | Apr 30, 2013 | Tax Lien
NEW RULES to get your FEDERAL TAX LIEN RELEASED 1-866-700-1040
If you want to get your IRS federal tax lien released there are some new rules as a result of the new IRS fresh start program or initiative that may help you get your federal tax lien released, removed or taken off.
There are many that do not fall under these new rules and if this is the case you should contact us today to hear the different tax options if you do not fall under the new rule requirement.
We are professional tax firm that specializes in IRS tax relief including the removal of the federal tax lien.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
We are true IRS tax experts in IRS Tax Levy, IRS liens, and IRS settlements.
Call us today for free initial tax consultation and let us review the various tax options you have and explore the possibility of getting your federal tax lien released.
New IRS Program – Fresh Start Notice of Federal Tax Liens
The IRS has increased the Notice of Federal Tax Lien filing threshold after decades of crushing millions of taxpayers as a result of the filing of the federal tax lien.
The Fresh Start changes increase the IRS Notice of Federal Tax Lien filing threshold from $5,000 to $10,000.
Notices of Federal Tax Liens may still be filed on amounts less than $10,000 when circumstances warrant.
The IRS will not retroactively apply the new $10,000 lien notice filing threshold and automatically withdraw a previously filed lien.
Requesting a lien withdrawal after the lien has been released
The IRS may now issue a withdrawal of a filed Notice of Federal Tax Lien after the lien has been released.
If you wish to have the Notice of Federal Tax Lien withdrawn, you must request the withdrawal in writing. This is the only way to get the federal tax lien withdrawal.
Please use Form 12277, Application for Withdrawal (PDF). In item 11, Reason for requesting withdrawal, check the last box,
“The taxpayer, or the Taxpayer Advocate acting on behalf of the taxpayer, believes withdrawal is in the best interest of the taxpayer and the government.”
Call us today and we can expedite the processing of this request.
General eligibility requirements are:
1. Your tax liability has been satisfied and your lien has been released,
2. You are in compliance for the past three years in filing,
3. All individual and business returns,
4. All information returns,
5. You are current on your estimated tax payments and federal tax deposits, as applicable.
Notice of Federal Tax Lien withdrawal after entering into a Direct Debit installment agreement
If you are a qualifying taxpayer and meet the eligibility requirements, you may have your filed Notice of Federal tax Lien withdrawn after entering into a Direct Debit installment agreement.
Your request for lien withdrawal must be in writing. This cannot be done by phone. There must be a written record of this request for security reasons.
Please use Form 12277, Application for Withdrawal (PDF). In item 11, “Reason for requesting withdrawal,” check the third box , “The taxpayer is under a Direct Debit Installment Agreement.“
This is the first attempt by the Internal Revenue Service to help those suffering under the weight of the federal tax lien. For years the Internal Revenue Service use antiquated systems in hopes to collect money from the millions of taxpayers at all tax debt to the Internal Revenue Service.
As a result of easing the federal tax lien burden that taxpayers have, we have found that taxpayers can go ahead and borrow money to pay off their tax debt.
In years past because the federal tax lien was filed against the credit and wound up their ruining taxpayers credit scores, it was impossible to borrow money and pay off the IRS. It is about time the IRS got wise.
Qualifying taxpayers are:
a. Individuals,
b. Businesses with income tax liability only,
c. Out of business entities with any type of tax debt. In all reality there is no reason and out of business entity needs a release of the federal tax lien.
Eligibility Requirements are:
1. The current amount you owe must be $25,000 or less,
2. If you owe more than $25,000, you may pay down the balance to $25,000 prior to requesting the lien withdrawal to be eligible,
3. Your Direct Debit Installment Agreement must full pay the amount you owe within 60 months or before the Collection Statute expires, whichever is earlier,
4. You must be in full compliance with other filing and payment requirements
5. You must have made three consecutive direct debit payments,
6. You cannot have previously received a lien withdrawal for the same taxes unless the withdrawal was for an improper filing of the lien,
7. You cannot have defaulted on your current, or any previous, direct debit installment agreement.
If you are currently on a regular installment agreement, you may convert to a Direct Debit Installment Agreement. If you need to do this simply call our office and we can handle the tax representation for you.
Are you a possible IRS settlement candidate???
Call us today to learn more.
NEW RULES to get your FEDERAL TAX LIEN RELEASED – IRS Tax Lien Releases
by Fresh Start Tax | Apr 30, 2013 | Tax Lien
IRS Tax Levy, IRS Tax Lien Services – Affordable Tax Attorneys, Former IRS 1-866-700-1040
If you are battling in the IRS on a tax levy or the filing of an IRS federal tax lien contact us today for free initial tax consultation and see how your situation can immediately and permanently be put to rest.
We are comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents and former IRS agents as well as managers. While at Internal Revenue Service we taught tax law. We are affordable, honest and one of the most trust worthy tax firms. We will do exactly what we say.
With over 206 years of professional tax experience and over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS, we can help with any IRS tax Levy any IRS tax lien or any IRS problem that you have.
We are familiar with every facet of the Internal Revenue Service. We are true tax experts in IRS tax resolution.
Regarding the IRS Tax Levy
The Internal Revenue Service generally sends out to type of IRS tax levies.
The first levy is a bank levy and the second is a wage garnishment.
Both are treated completely different. When a bank account is levy or seized by the Internal Revenue Service the IRS freezes that bank account for 21 days at the time the levy was served on the bank only,no future funds are levied.
The taxpayer has 21 days to release the freeze on the IRS Tax Levy that was sent to the bank. Contrary to popular belief you can still use your bank account and only the money that was frozen the day the IRS levy was received by the bank are the only funds that cannot be used by the taxpayer.
Regarding the IRS wage levy
An IRS wage levy is quite different than IRS bank levy.
Where a bank levy has a 21 day freeze the IRS wage garnishment levy is an immediate levy in which the taxpayers wages or other income is continuously seized and handed over to the IRS until IRS issues a wage IRS levy release.
To get your IRS wage garnishment or bank levy released you will need to submit to Internal Revenue Service a current documented financial statement and support of your current financial conditions. The form that will be used is a 433F.
We can assist in the preparation and tax settlement to assure that you will get the fastest IRS tax levy release possible.
A IRS Tax Lien
If the Internal Revenue Service has filed a federal tax lien it is in the best interest of the taxpayer to remove that federal tax lien as fast as possible. It will grossly affect your credit score.
The two most likely ways that an IRS tax lien will be released as soon as possible is to full the tax or the filing and acceptance of an offer in compromise.
While other avenues exist to get your IRS tax lien released the aforementioned are the quickest way, other are discussed below.
You should contact our office today if you have any tax questions regarding the filing and removal of an IRS tax when.
What is an IRS Tax Levy
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens.
A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes or make arrangements to settle your IRS tax debt the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS can:
a. The Internal Revenue Service could seize and sell property that you hold such as your car, boat, house or,
b. The Internal Revenue Service could levy property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
These three requirements are met before a tax levy:
1. The Internal Revenue Service assessed the tax and sent you a Notice and Demand for Payment,
2. You neglected or refused to pay the tax and,
3. The Internal Revenue Service sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS has options on how to notice you.
1. The IRS may give you this notice in person,
2. leave it at your home or your usual place of business, or
3. send it to your last known address by certified or registered mail, return receipt requested.
If the IRS releases the IRS tax Levy
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans , but you in a tax hardship or take other steps to help you pay off the balance.
If you do not like the results from the IRS Agent
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice.
Some of the issues you may discuss include:
a. You paid all you owed before we sent the levy notice,
b. The IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c. The made a procedural error in an assessment,
d. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,(The normal time of the statue of limitations usually runs 10 years from the initial date of assessment)
e. You did not have an opportunity to dispute the assessed liability,
f. You wish to discuss the collection options, or
g. You wish to make a spousal defense.
At the conclusion of your hearing, the Office of Appeals
At the conclusion of your hearing, the Office of Appeals will issue a determination.
You will have 30 days after the determination date to bring a suit to contest the determination. Refer to Publication 1660 (PDF), for more information.
If the IRS have levied or seized your property
If your property is levied or seized by the IRS fresh start tax llc, contact the employee who took the action. We will also ask the manager to review your case.
If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.
Levying Your Wages, Federal Payments, State Refunds, or Your Bank Account
If we levy your wages, salary, federal payments or state refunds, the levy will end when:
a. The levy is released,
b. You pay your tax debt, or
c. The time expires for legally collecting the tax.
If the IRS levy is on your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days.
This holding period allows time to resolve any issues about account ownership. After 21 days, the bank must send the money plus interest, if it applies, to the IRS.
The IRS Federal Tax Lien
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.
The filing of the lien protects the government’s interest in all your property, including real estate, personal property and financial assets.
A federal tax lien exists after the IRS:
1.IRS Assesses your liability,
2.IRS sends you a bill that explains how much you owe (Notice and Demand for Payment); and,
3. You neglect or refuse to fully pay the debt in time.
Public Records
The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property.
Different ways to Get Rid/Remove a Federal Tax Lien
a. Paying your tax debt in full is the best way to get rid of a federal tax lien. The IRS releases your lien within 30 days after you have paid your tax debt.
b. Discharge of property. Allows property to be sold free of the lien. The seller or buyer can submit Publication 783, Instructions on How to Apply for Certificate of Discharge From Federal Tax Lien (PDF).
c. Subordination. Does not remove the lien, but allows other creditors to move ahead of the IRS, which may make it easier to get a loan or mortgage.
For more information review Publication 784, Instructions on How to Apply for a Certificate of Subordination of Federal Tax Lien (PDF) or call us today.
d. Withdrawal. Removes the public notice and assures that the IRS is not competing with other creditors for your property. If applying for a withdrawal, use Form 12277, Application for the Withdrawal of Filed Form 668(Y), Notice of Federal Tax Lien (PDF).
Effect of a Federal Tax Lien
Assets. A lien attaches to all of your assets (such as property, securities, vehicles) and to future assets acquired during the duration of the lien.
Credit. Once the IRS files a Notice of Federal Tax Lien, it may limit your ability to get credit.
Business. The lien attaches to all business property and to all rights to business property, including accounts receivable.
Bankruptcy. If you file for bankruptcy, your tax debt, lien, and Notice of Federal Tax Lien may continue after the bankruptcy.
IRS Tax Lien vs. IRS Tax Levy
A lien is not a levy.
A lien secures the government’s interest in your property when you don’t pay your tax debt. A levy actually takes the property to pay the tax debt. If you don’t pay or make arrangements to settle your tax debt, the IRS can levy, seize and sell any type of real or personal property that you own or have an interest in.
For more technical cases – The Centralized Lien Processing.
To resolve basic and routine lien issues: verify a lien, request lien payoff amount, or release a lien, call IRS at (800) 913-6050.
Collection Advisory Group — For all complex lien issues, including discharge, subordination, subrogation or withdrawal; find contact information for your local advisory office in Publication 4235, Collection Advisory Group Addresses (PDF).
Office of Appeals.
Under certain circumstances you may be able to appeal the filing of a Notice of Federal Tax Lien. For more information, see Publication 1660, Collection Appeal Rights (PDF).
Taxpayer Advocate Service — For assistance and guidance from an independent organization within IRS, call (877) 777-4778.
Centralized Insolvency Operation — If you are questioning whether your bankruptcy has changed your tax debt, call (800) 973-0424.
IRS Tax Levy, IRS Tax Lien Services – Affordable Tax Attorneys, Former IRS
by Fresh Start Tax | Apr 9, 2013 | Tax Lien
Lift IRS Tax Levy, Tax Lien – Affordable Former IRS Agents – Levy, Lien Experts 1-866-700-1040
Do not be bullied by the Internal Revenue Service.
Call us today in hear the various tax options you have available to lift your IRS tax levy or the filing of the federal tax lien.
Everyone circumstance is unique.
There is no one particular way that is used on all cases. After a 5 minute review of your case we can tell you exactly how to remedy your individual problem on your individual case. We have over 60 years of direct work experience at the Internal Revenue Service and know every available option that you have. We also taught tax law at the Internal Revenue Service.
What is a Federal Tax Lien
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.
The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. It help them and ruins you.
A federal tax lien exists after the IRS:
1. The IRS assesses your liability and a tax assessment is created,
2. The IRS sends you a tax bill that explains how much you owe this is called a Notice and Demand for Payment and,
3. You neglect or refuse to fully pay the debt in time.
The IRS will file a public document called the Notice of Federal Tax Lien to alert creditors that the government has a legal right to your property.
How to Get Rid of a Lien
Your options are as follows:
1. Paying your tax debt.
In full is the best way to get rid of a federal tax lien.
The IRS releases your lien within 30 days after you have paid your tax debt. If you pay by cashier’s check you can go to the local out office you can ask for immediate release of the federal tax lien.
When conditions are in the best interest of both the government and the taxpayer, other options for reducing the impact of a lien exist.
2. Discharge of property.
Allows property to be sold free of the lien. The seller or buyer can submit Publication 783, Instructions on How to Apply for Certificate of Discharge From Federal Tax Lien.
3. Subordination.
Does not remove the lien, but allows other creditors to move ahead of the IRS, which may make it easier to get a loan or mortgage. For more information review Publication 784, Instructions on How to Apply for a Certificate of Subordination of Federal Tax Lien.
Withdrawal.
Removes the public notice and assures that the IRS is not competing with other creditors for your property. If applying for a withdrawal, use Form 12277, Application for the Withdrawal of Filed Form 668(Y), Notice of Federal Tax Lien.
How a Lien Affects You
a. Assets. A lien attaches to all of your assets (such as property, securities, vehicles) and to future assets acquired during the duration of the lien.
b. Credit. Once the IRS files a Notice of Federal Tax Lien, it may limit your ability to get credit.
c. Business. The lien attaches to all business property and to all rights to business property, including accounts receivable.
d. Bankruptcy. If you file for bankruptcy, your tax debt, lien, and Notice of Federal Tax Lien may continue after the bankruptcy.
Avoid a Federal Tax Lien
You can avoid a federal tax lien by simply filing and paying all your taxes in full and on time. If you can’t file or pay on time, don’t ignore the letters or correspondence you get from the IRS.
If you can’t pay the full amount you owe, payment options are available to help you settle your tax debt over time.
IRS Tax Lien vs. IRS Tax Levy
A lien is not a levy.
A lien secures the government’s interest in your property when you don’t pay your tax debt.
A levy actually takes the property to pay the tax debt. If you don’t pay or make arrangements to settle your tax debt, the IRS can levy, seize and sell any type of real or personal property that you own or have an interest in.
How to lift an IRS tax Levy
There is a very specific way to lift an IRS tax Levy. If you are reading this the IRS is probably levied your bank account and/or your hard-earned wages.
To get your IRS levy lifted you will need to provide IRS with a detailed and documented financial statement. You can find that financial statement on our website. It is a IRS tax form 433-F.
IRS will also want to see your last 3 to 6 months bank statements, a copy of your pay stub all of the current expenses that you have.
The IRS will then make a determination after a careful review of your financial statement which category to put you in.
There are three (3) normal categories at the IRS puts taxpayers and after they sent out an IRS tax Levy.
IRS will either place you into an economic tax hardship, or into a installment payment, or let you know you are a possible offer in compromise candidate.
That financial statement that you are filling in giving to IRS the key to how your case will be closed off the IRS enforcement computer.
Contact us today and we will review your case for no cost and review your tax option so you can get IRS off your back permanently. We can guarantee a lifting of all tax levies.
We are comprised of tax attorneys, CPAs and former IRS agents. We have a combined total of 206 years professional tax experience and we are A+ rated by the BBB.
Lift IRS Tax Levy, Tax Lien – Affordable Former IRS Agents – Levy, Lien Experts 1-866-700-1040
by Fresh Start Tax | Jan 23, 2013 | Tax Lien
Stop the Filing of a Federal Tax Lien – IRS Policy 5-47 P
policy
Call us today and learn how you can Stop the filing of the federal tax lien. 1-866-700-1040.
The IRS filed close to 1 million federal tax liens last year literally destroying the financial lives of those taxpayers. IRS has a policy regarding the filing of those federal tax liens and for taxpayers who have had a lien filed against him is best to find out whether IRS violated any procedures through this process.
IRS Policy Statement 5-47
Notices of Federal Tax Lien generally filed only after a taxpayer is contacted in person, by telephone or by notice:.
A notice of Federal Tax Lien shall NOT be filed, except in jeopardy assessment cases, until reasonable efforts have been made to contact the taxpayer.
Those contact points can be:
1.in person,
2. by telephone,
3. or by a notice sent by mail,
4.delivered in person or left at the taxpayer’s last known address, to afford him/her the opportunity to make payment.
IRS should have all pertinent facts and should carefully consider the filing of the notice of lien may adversely affect the taxpayer’s ability to pay and thereby hamper or retard the collection process.
The truth be told, IRS does a very poor job in their attempts to contact taxpayers. Once the lien letter is sent out to the taxpayer and letter goes ignored the IRS’s computerized system automatically files the federal tax lien..
That’s why it is critical when you receive IRS notices, letters , or bills that you contact IRS so you can stop the notice of Federal tax Lien filing. Taxpayers who fail to contact the IRS will be in jeopardy of having their credit ruined by the filing of the federal tax lien.
I cannot stress enough how important it is to contact IRS while you are in your billing cycle.
How to reverse the process – Collection due process procedures
CDP procedures are available to you if you’ve received any one of the following notices:
Notice of Federal Tax Lien or a Notice of Federal Tax Levy
Should the IRS file a federal tax lien there is a procedure that is available all taxpayers for IRS to reverse the process of the filing of the federal tax lien.
CDP Procedure
You have 30 days to request a hearing to preserve your right to go to Court.
Complete Form 12153, Request for a Collection Due Process or Equivalent Hearing
It is important you identify all your reasons for your disagreements.
The completed Form 12153 should be sent to the same address that is shown on your Lien or Levy Notice.
If your request is not received within 30 days, you are still entitled to an Appeals hearing. However, if you still disagree with the Appeals determination you.
If a Federal Tax Lien is already filed there are ways to get the Lien Released
1. Make sure you truly owe the tax and that the assessed tax is the correct amount.
Do not always assume that what the IRS says you owe is correct. Compare your tax records with the actual IRS notice. If you did not file your own tax return, the IRS may have filed a substitute for return, called a SFR.
The amount the IRS assesses is on the SRF’s are much higher because they only give you the standard deductions.
When this happens, complete a correct tax return and send it to:
IRS
Fresno Campus ASFR
Unit Stop 81304
PO Box 24015
Fresno, California 93779
This unit of the IRS processes the tax return now filed by the taxpayer.
In the filing of the new tax return, send a cover letter asking for a ” tax reconsideration”. This could take up to 3-5 months.
2. Pay the tax in full as soon as possible.
This is the quickest way to release the Federal Tax Lien. If you pay with a cashier’s check, the IRS will immediately release the Federal Tax Lien if you walk into a local office.
Make sure you get a copy of the federal tax lien release and find out when the IRS will send a copy to your local courthouse. You will also want to check with all the credit agencies within 30 days to make sure they posted the satisfaction of release of the federal tax lien on your credit report. Remember there are three major credit reporting agencies and you want to check all three of them.
3. File an Offer in Compromise under Doubt as to Collect Ability.
Pay off the terms of the Offer in Compromise and the IRS must release the Federal Tax Lien once the Offer is paid in full and all the terms are met.
4. Find out if the statute of limitations has expired on the tax years involved.
The IRS has a 10 year period of time in which they must collect the taxes. ( there are exception s to the 10 years, so ask us for details)
The 10 year period starts when the IRS makes on assessment on the IRS computer. This is usually 6 weeks after the returns are filed. If the statute period has expired, the lien is automatically released by statute, but a release will not be sent out by the IRS. You will have to formally ask them for a copy of the release.
If you want a hard copy of the release of federal tax lien after the statute has expired, fax your request to:
IRS Centralized Lien Releases
Fax # 859-669-3805
5. Apply for a surety bond.
The cost of the bond is very expensive, but the IRS will release the Federal Tax Lien once the bond is given to them. A bond is usually as much as the payoff of the federal tax lien. For certain taxpayers this may be the way to go especially those in the construction industry.
6. Do not let the Federal Tax Lien be filed in the first place. When the Notice of Intent of Filing is sent to you, call the IRS and ask for a hearing. This will at least delay the possible filing of the Federal Tax Lien. You may give them reasons why the filing of the lien should not take place.
7. If there are special circumstances that would cause a hardship because of the filing of the Federal Tax Lien, let the IRS know of the situation
IRS Hardship situations can change the circumstances of most cases. The IRS will give due consideration for certain conditions.
8. Contact the Taxpayer’s Advocates Office if you believe there is something wrong with the filing and you want the IRS to look into the situation.
The Taxpayer’s Advocates Office is there for you. Go to IRS.gov for the nearest office.
9. If you realized you made a mistake on your own tax return and the liability is incorrect, file an amended tax return so the IRS can correct the issuance of the Federal Tax Lien.
As a follow up note, the Federal Tax Lien is very damaging to your credit score. Most lenders will not lend with the presence of the Federal Tax Lien. Do your best never to have the Federal Tax Lien filed.
Stop the Filing of a Federal Tax Lien – IRS Policy 5-47- Former IRS Agents
by Fresh Start Tax | Jan 7, 2013 | Tax Levy and Wage Garnishments, Tax Lien
Tax Compliance Levy – Remove, Release IRS Tax Levy, Wage Garnishments
Stop the IRS today. Use Former IRS agents who know the system to help deal with the tax compliance levy and settle your case with the IRS.
You can stop the IRS tax compliance levy. 1-866-700-1040.
Call us today for a no cost tax consultation. We are fast, affordable and have an impeccable reputation. We are A plus rated by the BBB.
Tax compliance levies are issued by the IRS as a result of not responding to IRS notices and letters. Many times, taxpayers never received those IRS notices or letters alerting them to future tax levies.
Tax Compliance levies are a result of the CADE 2 IRS computer system systematically sending those bank and wage levies as a result of the issuance of a L-1058 or L-11 Notice.
IRS generally sends out a series of 4 different IRS notices or letters prior to the tax compliance levy. Each letter uses stronger language than the previous.
IRS is required per the IRM is issue a tax compliance levy when the taxpayers fail to contact, address and make an attempt to contact the IRS notifying them of the paying back of the IRS tax debt.
Before the IRS can Levy they must:
IRS sends a series of Notices and Letters before they can legally send out a IRS Tax Levy.
IRS usually can only levy only after these three ( 3) requirements are met:
1. The IRS has assessed the tax and sent you a notice and demand for payment,
2. You the taxpayer or the representative have neglected or refused to pay the tax and,
3. The IRS sends you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
If you have received the IRS Final Notice, you better take heed. The Tax Compliance levy is to follow 30 days from the date of this Notice.
IRS pull there levy sources from your past tax returns.
LT 11 -Letter 1058) Frequently Asked Questions
What is the IRS notice, letter telling you
This notice is telling you that the Internal Revenue Service intends to issue a tax compliance levy against your bank accounts, wages or other assets because you still have a balance due on one of your tax accounts.
It is also letting you know that the IRS will begin searching for other assets on which to issue a levy and that we may also file a Federal Tax Lien, if we have not already done so.
What you need to do
Pay the amount due as shown on the notice. Mail the IRS your payment in the envelope they sent you. Include the bottom part of the notice to make sure we correctly credit your account. make sure your SSN and tax year is on the memo part of the check.
If you cannot pay the IRS, contact Fresh Start Tax LLC to hear your tax options to stop the tax compliance levy. 1-866-700-1040.
IRS closing methods
The IRS may place your account in a tax hardship, a installment agreement and let you know you are a settlement candidate.
How much time do you have.
You should contact the IRS or pay your balance due immediately. Enforcement action will be taken to collect that balance due 30 days after the date of this letter.
If you do not contact the IRS
If you do not pay or make arrangements to pay, the IRS has several options available that we may use to collect the money.
One option is to issue a tax compliance levy against your state tax refund, wages, other income sources, or bank accounts.
Another option is for the IRS to file a Notice of Federal Tax Lien.
The tax lien gives the IRS a legal claim to your property as security or payment for your tax debt.
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.
The tax lien protects the government’s interest in all your property, including real estate, personal property and financial assets.
A federal tax lien exists after the IRS:
a. assesses your liability;
b. sends you a bill that explains how much you owe (Notice and Demand for Payment) and,
c. You neglect or refuse to fully pay the debt in time.
The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property. Your credit score with suffer beyond belief.
Call us today and speak directly to a tax professional.
Tax Compliance Levy – Remove, Release IRS Tax Levy, Wage Garnishments
by Fresh Start Tax | Dec 22, 2012 | Tax Lien
Tax Lien on your House and You need to Sell – Get Tax Advice on Federal Tax Liens
We are comprised of Attorneys, CPA’s and Former IRS Agents who can assist you in getting your Federal Tax Lien released is you are trying to sell your house.
Call us today and we can review your case and instruct you on the cheapest and fastest way to remove your Federal Tax Lien.
So if you have a Federal Tax Lien Tax on your house and your and to need to sell call us right now and get the information you need. 1-866-700-1040.
There are several way to remove a Federal Tax Lien whether you can pay the IRS in full or whether you cannot pay the IRS in full.
You will find the comprehensive list below.
If you do not have the money to full pay the IRS and you can get or have a contact on your house you can ask for a Application of Discharge of the Federal Tax Lien.
The Application if Discharge
The Application for Certificate of Discharge of Property from Federal Tax Lien is found on Form 14135.
The application will ask for several documents relative for the IRS to make a decision to release the Federal Tax Lien on the said property. The will ask for a closing statement, appraisal, pay off amounts ……etc. You can find this form on our web site
We have very affordable fees to handle this process for you.
Other ways to get the Federal Tax Liens Released.
You want to make sure you truly owe the tax and that the assessed tax is the correct amount. Do not assume that what the IRS says you owe is correct.
Make sure to compare your tax records with the actual IRS notice. If you did not file your own tax return, the IRS may have filed a substitute for return, a SFR.
Generally, the amount the IRS assesses is much higher because they only give you the standard deductions. When this happens, complete a correct tax return and send it to:
IRS
Fresno Campus ASFR
Unit Stop 81304
PO Box 24015
Fresno, California 93779
This tax unit of the IRS processes the all SRF tax returns now filed by the taxpayer. In the filing of the new tax return, send a cover letter asking for a “Reconsideration”.
This could take up to 3-5 months, so be very patient.
You can pay the tax in full as soon as possible.
This is the quickest way to release the Federal Tax Lien. If you pay with a cashier’s check, the IRS will immediately release the Federal Tax Lien if you walk into a local office.
Make sure you get a copy of the lien release and find out when the IRS will send a copy to your local courthouse. You will also want to check with the credit agencies within 30 days to make sure they posted the satisfaction of release on your credit report.
You can file an Offer in Compromise under Doubt as to Collect ability. Pay off the terms of the Offer in Compromise and the IRS will release the Federal Tax Lien once the Offer is paid in full and all the terms are fully met.
You can find out if the statute of limitations has expired on the tax years involved. The IRS has a 10 year period of time in which they must collect the taxes.
The 10 year period starts when the IRS makes on assessment on the IRS computer. This is usually 6 weeks after the returns are filed. If the statute period has expired, the lien is automatically released by statute, but a release will not be sent out by the IRS. You will have to formally ask them for a copy of the release.
If you want a hard copy of the release of federal tax lien after the statute has expired, fax your request to:
IRS Centralized Lien Releases
Fax # 859-669-3805
Another option is to apply for a Surety Bond.
The cost of the bond is very expensive, but the IRS will release the Federal Tax Lien once the bond is given to them. A bond is usually as much as the payoff of the federal tax lien.
If there are special circumstances that would cause a hardship because of the filing of the Federal Tax Lien, let the IRS know of the situation. Hardship situations can change the circumstances of most cases. The IRS will give due consideration for certain conditions.
You can contact the Taxpayer’s Advocates Office if you believe there is something wrong with the filing and you want the IRS to look into the situation. The Taxpayer’s Advocates Office is there for you. Go to IRS.gov for the nearest office.
9. If you realized you made a mistake on your own tax return and the liability is incorrect, file an amended tax return so the IRS can correct the issuance of the Federal Tax Lien.
Get payoff amounts for your Federal Tax Liens
Call the IRS at 1-800-913-6050 to get a payoff amount for your tax debt.
You can also go to the nearest IRS office or contact the IRS officer assigned to your case to get your payoff amount. If the amount from the sale of your property is enough to pay off your tax liability, the IRS will not approve a discharge.
Tax Lien on your House and You Need to Sell – Get Tax Advice on Federal Tax Liens
