subject: Tax Relief – The IRS Tax Lien [print this page] Tax Relief The IRS Tax Lien
Three months after paying my taxes, I was surprised, e-mail, there is information in IRS informed me that I still have to pay back taxes. They put a lien on my property. After several phone calls I finally spoke to a live agent. "I paid my taxes," he said.
"Oh, we are not to pay taxes, Mr. Trimboli," he said cheerfully. "We are free your bank account.
A tax lien is a claim to all of your property home, car, bank or somethingYou. The IRS can not tax lien on your property just because you have taxes. First, you must assess what is due, then send an invoice. After receiving the invoice, you have ten days to complete payment of the debt in. If you do not pay the bill within ten days, it is only then that the IRS may file a lien states.
A Notice of Lien is on your credit report, too. The problems that may increase the daily life more difficult to buy a car, for example.It 'clearly up to ten years for a notice of Lien on your credit report
Taxable under IRS tax privilege has some options, some of which do not provide tax relief.
You can pay the balance with the sale of your property. This can give some tax relief for the following year, the withdrawal of the losses by selling the market on the basis of a hostile environment. You can appeal in the sense that they did not pay the full account. In this case, you may be entitled to a range inCompromise, the tax relief may allow, if the agreed amount is paid.
