TAX LIENS

If you are faced with a tax lien, an experienced tax attorney in Utah can help you.

When you owe money to the IRS from unpaid taxes, the IRS may place what is called a lien on your property. A lien is simply a legal claim to your asset, sort of like collateral, in order to secure payment for your tax issues. This form is filed with your county, showing that the IRS is claiming your property for purposes of unpaid taxes, and this is often the first step that the IRS takes in their account recovery process. A tax lien will show up on your credit report and reduce your ability to obtain credit, secure housing, or get a job, and should be taken seriously. If you are faced with a tax lien, Tax Solutions Attorneys can help you.

If you ignore a tax lien from the IRS, you may be penalized with a bank levy or wage garnishment. However, there are several possible solutions for a tax lien, and your lawyer will be able to tell you which is best for your unique circumstances. You may be able to file any of these requests, depending on your situation:

Subordination request, which asks the IRS to shift the lien behind a certain creditor, and may be able to help you obtain credit for a home or auto loan.

Withdrawal request, to remove the lien from your credit report, if you believe that your tax lien will prevent you from generating any income.

Discharge request, if you are attempting to transfer or sell your property and your lien is preventing this.

Ready to take action on your IRS tax lien? Come to the Tax Solutions Attorneys today and ask for your free consultation! We offer our services nationwide.