The IRS Can Come After Your House. We Can Help Protect It.
When you have an outstanding tax debt, the IRS can claim an interest in your property. This includes real estate, personal property, and financial assets. Tax liens can impair your business, hurt your credit, and delay your retirement – but you may have options. We can assess your situation and present these options clearly.
Our Chester County, Pennsylvania based firm deals with tax liens on a daily basis, contact McCauley Law Offices, P.C. today so we can help keep your assets safe.
Appealing a Federal Tax Lien
Within 30 days of when the lien is filed, you may request a Collection Due Process (CDP) hearing with the IRS Office of Appeals. You can also ask your IRS manager to review your case. Once they receive your timely request, the office will contact you to schedule the hearing. The IRS may grant your request to release the lien because of a processing error such as filing in someone else’s name, or because you were improperly assessed.
Your chances of success on appeal are far higher with an experienced tax professional at your side. After over 30 years of tax-specific experience, we understand the process and how the IRS thinks. There is no one else you would rather have at your side.
Other Options?
Discharge: A discharge will remove the tax lien on a specific piece of property. If you are selling, refinancing, or using property as collateral for a different loan, you may qualify.
Subordination: A subordination keeps the lien in place but allows other creditors to jump ahead of the IRS in line. this can make it easier to get a loan or mortgage.
Withdrawal: A withdrawal removes your tax lien from the pubic record and assures that the IRS is not competing with other creditors for your property. You may request a withdrawal when your balance is $25,000 or less.
Every situation is different, so call us today at 610-388-4474 or contact us online to schedule a free consultation.