With deficits climbing and billions of dollars in tax payments going unpaid, the IRS is getting serious about collecting. If you’ve been threatened with an IRS tax lien, we may be able to help.

What you need to know about Federal Tax Liens:

• Federal Tax Liens are public records that indicate you owe the IRS;

• They are filed with the County Clerk in the county from which you or your business operates;

• Because they are public records they show up on your credit report;

• A Federal Tax Lien can make it difficult or impossible to finance an automobile or a home.

• Federal Tax Liens also make it difficult to sell real estate.

What can you do to help me?

Liens can only be Released, Discharged, Subordinated or Removed. Which options may be available to you will depend on the facts and circumstances of your individual situation. Our experienced tax attorneys will sit down with you and thoroughly review your situation. Several possibilities exist:

• A Release of lien occurs after the underlying tax liability has been satisfied in full, via a monthly payment plan or by paying it outright in a lump sum, or via an accepted and paid Offer in Compromise. Most Liens are generally self-releasing after 10 years, if they are not re-filed by the IRS for another 10 years. Under the IRS new Fresh Start initiative entering into a Direct Debit Installment Agreement (DDIA) with the IRS negotiated by our office may allow you to request a withdrawal of the federal tax lien after a set number of payments.

• A Certificate of Discharge of a lien is generally used when selling real property and the IRS normally is paid in full with the sale proceeds.

• A Certificate of Lien Subordination is generally used in re-financing real property, allowing the re-financing of the property transaction to occur under certain situations.

The IRS will only consider the removal of a lien in rare cases where they admit they made an error by filing the Notice of Federal Tax Lien in the first place. However, the IRS makes errors like anyone else. Arguing your case with the IRS requires a strong, experienced advocate.

Need Help?

It is important that you work with a tax lawyer who can make the process easier for you rather than more complicated. If you are faced with an IRS controversy, choose a law firm with experience.

Call the Perliski Law Group at (214) 446-3934 for a free phone consultation about your tax problem. You can also contact Nancy by filling out the online form on this page.