Tag Archive for Tax Liens

How Can You Remove An IRS Tax Lien?

What is a Tax Lien?

The Internal Revenue Service frequently files tax liens (federal) against taxpayers with unpaid tax obligations. Federal tax liens are documents that are filed with county governments (often where the relevant taxpayer lives or conducts business) informing the public that the taxpayer owes money to the IRS.

Liens are attached to a taxpayer’s property (both personal property and business property). This means that the IRS will have first dibs on the proceeds of your property such as your home or car. The tax lien can also impair your crediting rating.

However, the good news is that you can remove the IRS lien by following these strategies.

Read More

Written by | Posted in IRS • Lien • Tax Debt • Tax Lien

Are You In It To Win It?

Fighting the Post-Bankruptcy Survival of Federal Tax Liens On Property That Is Excluded From The Bankruptcy Estate

The federal tax collection system is founded on the concept of voluntary compliance. The United States government expects taxpayers to compute and timely pay all taxes owed. Most taxpayers fulfill this obligation. However, a minority refuse to comply. Those falling within the latter category are subject to forced collection and various penalties. This article seeks to provide practitioners with an overview of the mechanics of the federal tax system’s forced collection scheme, with a special emphasis on post-bankruptcy survival of federal tax liens. Read More

Written by | Posted in Federal • IRS

IRS Temporarily Not Issuing Tax Liens And Levies During Shutdown

TaxConnections Blogger Virginia La Torre Jeker reminds to file extensionThe IRS has finally announced that it will stop the automatic issuing of federal tax liens, levies and executions during the government shut down. Unfortunately, many automatic levies have been issued by the IRS and there is no one in the IRS to talk to or negotiate with to set up installment agreements or take other actions to remove the levy. This results in great hardship for taxpayers.

The IRS has been issuing notices, some dated October 7, 2013, even though the office was to be shut down by October 1, 2013. It is hard for me to believe that this was not designed to have maximum impact upon taxpayers. In fact all the IRS services that normally assist taxpayers, whether its at a service center, or on the telephone, as well as the normal collection and auditing function, have been terminated during the shutdown. This intentional design clearly is to put a maximum negative impact upon taxpayers.

Because of the complaints, the IRS is now issued a revised listing of its operations during the government shut down where it indicates that it is stopping to send future tax liens and levies until that section of the IRS reopens. Unfortunately Read More

Written by | Posted in IRS • United States