Federal Tax Lien Help
An IRS Tax Lien can be filed on any debt over a certain amount (varies) and can be applied to your personal property, placing you and your family in a difficult position.
Unfortunately, Federal IRS Tax Liens can only be removed in two ways:
1. All debt is paid back (can be original amount, or settlement amount)
2. The collection statutes on the liens expire
The Federal Tax Lien process can be confusing and disheartening, but CPR Tax Associates can take some burden off of you by contacting the IRS, confirming the details of the lien, and advising you on the best course of action to take in the coming years so that you are in the clear when the lien falls off.
In some cases, we may be able to do an Offer in Compromise (IRS Debt Settlement) and lower the amount owed. When that settlement is paid, any liens will fall off.