Owe back taxes and think the IRS doesn't realize it? If you continue to ignore the problem, you will eventually end up with the IRS placing a Federal Tax Lien on your property, typically including your home.
Watch Top Tax Defenders Director of Operations Priya Mishra explain what the IRS can take if you fail to pay your taxes and how our team can help slow down the IRS Collections process.
A Federal Tax Lien means that the IRS has the right to seize your property if you fail to pay your back taxes. Continue to ignore your tax debt, and you will receive a notice that the IRS is demanding immediate payment, or your property will be seized. Once you receive this notice, you'll either pay within the specified time, or your property, including your house, can be seized and auctioned off to satisfy your debt.
Having the Federal Tax Lien removed is the only way you can assure that your personal property will not be seized. The simplest way of removing tax liens is by paying in full. Thirty days after payment is received, the lien is removed. If cash is paid, the lien is immediately removed.
Removing tax liens is possible if the IRS did not file in accordance with regulations, if removing tax liens speeds up collections, or if removing tax liens will be in the best interest of both parties.
Removing tax liens is also possible by appealing the lien. The IRS must notify you of the lien within five days of filing a Federal Tax Lien. There are a few reasons to appeal a Federal Tax Lien:
If you have a Federal Tax Lien on your property, or are in danger of receiving one, you need the experienced professionals at Top Tax Defenders on your side. With over 27 years of experience resolving tax problems with the IRS, Top Tax Defenders can help you resolve your tax problems.