A federal tax lien is a very serious thing. When the I.R.S. puts a federal tax lien on your property you cannot sell the property nor can you borrow money against the equity you have in the property. You cannot use any of the equity or value of the property, even to pay the federal tax lien.
In addition to locking up your property a federal tax lien can severely damage your credit rating, which makes it very difficult to borrow money for any reason. A federal tax lien is filed in the county where you hold the property and is a public record, which means it is quickly a part of your credit rating. When this happens you may not even be able to borrow money to settle your tax debt.
The best strategy to take when you are being threatened with a federal tax lien is to prevent it in any way possible. When you are threatened with a federal tax lien you want CPAs, Enrolled Agents, Tax Advisors and Paralegals on your side who can work with you, work with the I.R. S and get you back in good standing.
Call us immediately so we can help you to stop the federal tax lien and solve your tax problems.
US Tax Shield can help you with an I.R.S. appeal. If the outcome of your case is not fair and equitable we know how to appeal your case and will work with you present factual information to get the best possible outcome for you. Contact us immediately and get our skilled and knowledgeable team on your side.
There are number of other solutions where we may be able to help you stop or delay a federal tax lien including innocent spouse, offer in compromise and resolution of delinquent payroll taxes.