Don’t Ignore IRS Lien Notices
An IRS tax lien is a powerful collection tool. It attaches to all of your property, including personal and business assets, and real estate. Once the lien is filed it is public, will impact your credit and may interfere with your ability to secure financing and sell property.
If you received a letter from the IRS titled “Final Notice of Intent to Levy” (notices CP504 or 1058), you need to act fast. There are ways to prevent the IRS from filing its lien.
Offers in compromise, installment plans and innocent spouse relief are a few of the strategies we use to prevent liens from becoming public. At McCauley Law Offices, P.C., our attorneys will review your financial circumstances and develop a legal strategy that is best for you.
Located in Chester County, Pennsylvania, our firm represents taxpayers nationwide.
Did You Wait Too Long?
Unfortunately, most people don’t act fast enough. By the time clients come to our offices the IRS has already filed its tax lien. It’s OK. There are steps we can take to have your lien discharged or released, and then erased from your credit report.
- Discharging your tax lien — A discharge will remove the lien from a specific piece of property. For example, if the lien is attached to a piece of real estate, such as a home, you are trying to sell, we can have the lien discharged from that property to facilitate the sale and ensure the buyer gets clear title.
- Releasing your tax lien — If your tax debt has been paid in full, or if you are making payments through an installment agreement, we can have the lien released from all of your property.
- Erase Your Tax Lien From Your Credit Report
Lots of law firms discharge or release liens. At McCauley Law Offices, P.C., we take it a step further. Our lawyers will get your tax lien erased from your credit report.
Even after a tax lien is discharged or released, it can stay on your credit report for seven years.
While negotiating the release or discharge of your tax liens, we make sure the IRS agrees to contact the county to have record of the lien removed from the roles. When a bank, lender or other individual runs a check on your name, they won’t find any record of your former tax lien.
Call Us At 610-388-4474
Dealing with the IRS can be intimidating. Make sure you know your rights and your options. Contact our firm for help discharging, releasing and erasing tax liens. Consultations are free.