Have You Discovered A Notice Of Federal Tax Lien In The Mail? ? Make Use Of An Irs Lien Appeal

You must take immediate action if the Internal Revenue Service gives you a Notice of Federal Tax Lien

. A Tax Lien is nearly hopeless to remove except if you are among the fortunate ones that qualifies for a Federal Lien Appeal. You can dismiss a tax lien utilizing a tax lien appeal, but they're really difficult to win. Tax Lien Lifting is difficult because it's the number one approach the Internal Revenue Service uses to obtain on Tax Debt owed. Do not give up! You can win a tax lien appeal when you have an IRS debt expert in your corner.

What Is a Notice of Federal Tax Lien?

Tax Liens basically give the Internal Revenue Service an authorized claim to your personal belongings as "payment" for your Tax Debt. Only after these criteria are met may the IRS legally place a Notice of Federal Tax Lien:

The entire tax debt, as determined by the Internal Revenue Service, is yours.

The Internal Revenue Service has issued you a "Notice and Demand for Payment," the bill that tells you how much you owe in taxes.

You failed to pay back your federal debt within 10 days of obtaining the "Notice and Demand for Payment".

Once all of the detailed requirements are fulfilled, a tax lien is created for the amount of your tax debt. Your Tax Lien is available for all to observe as soon as the Internal Revenue Service files the Notice of Federal Tax Lien. All lenders can see how the Internal Revenue Service has put forth a claim on all of your assets, including belongings obtained after the lien has been issued.

Why Do You Need a Tax Lien Release?

Once the Internal Revenue Service applies a lien, Tax Lien Dismissal via a Federal Lien Appeal is going to be your first priority. You are going to find yourself obsessed with Tax Lien Removal, because the Tax Lien eliminates so much financial independence. Here are just some constraints that come with the Notice of Federal Tax Lien.

Only after your Tax Lien is discharged, or you get an IRS Lien Appeal, can you sell any land.

You cannot apply for a loan or a new line of credit, or sign a lease with ease unless you get a Tax Lien Appeal or a Tax Lien Release.

Lifting Your Tax Lien

The entire amount of your lien, per IRS laws, remains public record until it's completely paid back, plus every interest charge and penalty. Basically, this means that the only way to acquire a Tax Lien Release is to pay your Tax Debt in full. However, there are methods to apply for an IRS Lien Appeal for Tax Lien Removal.

How Do You Get an IRS Lien Appeal?

By law, an IRS Lien Appeal is accepted if the Internal Revenue Service notice was issued prematurely or was not in agreement with IRS procedures. A tax lien appeal also may be approved if it quickens repayment of the debt or if the Appeal will be in the best interests of both you and the IRS. For instance, show that you can apply for a loan and therefore pay off your tax debt in full if an IRS Lien Appeal is accepted, and the IRS might approve the Tax Lien Appeal.

If you've acquired a Notice of Federal Tax Lien, you shouldn't wait for Tax Lien Dismissal Assistance. Secure a Tax Lien Dismissal now and contact a Tax Lien Discharge or Tax Lien Appeal professional!

by: S. Hanson

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