If you have received an IRS notice regarding a federal tax lien or are concerned that a lien may be filed because of outstanding tax debt, contact Leading Tax Group for a consultation. Our tax professionals can review your circumstances, explain the nature of the federal tax lien, and help you understand potential resolution and relief options.
800-900-4250Our professionals can help you understand why the federal tax lien was filed, what tax liability is involved, and what steps may be available based on your circumstances.
Contact Us for a Consultation
A review of your tax records and IRS notices can help identify the nature of the outstanding liability and determine which resolution options may be appropriate.
Address Additional Collection Pressure
Resolving the underlying tax debt may help taxpayers address the collection issues associated with a federal tax lien and avoid allowing the situation to become more complicated.
Work Toward Compliance
Addressing outstanding federal tax obligations and following applicable IRS requirements can help taxpayers work toward resolving their tax issues.
Explore Federal Tax Lien Relief
Depending on the circumstances, taxpayers may be able to explore federal tax lien relief through options such as withdrawal, subordination, discharge, payment arrangements, or other qualifying tax resolution strategies.
Dealing with a federal tax lien can create financial and practical challenges. A taxpayer may have difficulty obtaining financing, selling or refinancing certain property, or managing other financial transactions while an unresolved federal tax debt remains outstanding.
A federal tax lien is different from a tax levy. A lien generally represents the government’s legal claim against property because of unpaid tax, while a levy involves the actual seizure of property or rights to property to satisfy the tax debt.
Receiving a Notice of Federal Tax Lien should not be ignored. Taxpayers should carefully review the notice, identify the tax periods and liabilities involved, and determine what steps may be available to address the underlying debt.
Federal tax lien relief may depend on the taxpayer’s financial circumstances, the status of the tax debt, and the specific requirements applicable to the requested relief. Professional assistance can help taxpayers understand whether options such as lien withdrawal, subordination, discharge, or another resolution approach may be appropriate.
Contact UsLeading Tax Group is a Tax Resolution Firm consisting of Former IRS Tax Attorneys, Former IRS Auditor, Former IRS appeals officer, tax agents, enrolled agents, accountants and support staff whom provide tax resolution services with tax issues throughout the United States.
Our professionals can review the circumstances surrounding a federal tax lien, examine relevant IRS notices and tax records, and help identify potential resolution options. Depending on the situation, this may include exploring lien withdrawal, subordination, discharge, installment arrangements, settlement options, or other approaches for addressing the underlying tax liability.
Taxpayers who are looking for a federal tax lien attorney may also want to understand the difference between legal representation and professional tax-resolution assistance before choosing how to proceed.
The goal is to help taxpayers understand their situation, address outstanding federal tax obligations, and work toward an appropriate resolution while reducing the potential financial impact of an unresolved lien.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
Leading Tax Group can review your federal tax lien situation, explain the available tax-resolution options, and help you understand potential approaches for addressing the underlying IRS tax debt.
The need for an attorney depends on the circumstances of the taxpayer’s case and the type of assistance required. Taxpayers can also seek professional tax-resolution assistance to understand their federal tax lien, underlying liability, and available IRS resolution options.
No. Ignoring an IRS notice can allow the underlying tax issue to remain unresolved and may lead to additional collection activity. Reviewing the notice and understanding the available options is an important first step.
A federal tax lien can create complications when selling or refinancing property. Taxpayers should review the lien and outstanding tax liability before completing a transaction involving property subject to the lien.
In certain circumstances, a federal tax lien may be withdrawn, discharged, or otherwise addressed through available IRS procedures. Eligibility depends on the specific circumstances and applicable requirements.
A federal tax lien generally establishes the government’s legal claim against property because of unpaid tax debt. A levy is a collection action through which the IRS may actually seize property or rights to property to satisfy the liability.
The appropriate form of federal tax lien relief depends on the taxpayer’s circumstances. Potential options may include lien withdrawal, subordination, discharge, payment arrangements, or other tax resolution strategies.
A federal tax lien is the government’s legal claim against a taxpayer’s property when federal tax debt remains unpaid. It can affect the taxpayer’s financial and property-related transactions.