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Tax Lien Removal in Orange County, CA
Tax liens can be overwhelming and confusing for many people. Fortunately, Tax Crisis Institute offers tax lien help for Orange County! For more than 30 years, Tax Crisis Institute has helped the citizens of Orange County get IRS tax lien help. As a family owned and operated business, Tax Crisis Institute takes a personal interest in each customer’s unique circumstances. When you work with us, we will help you gain a better understanding of your tax lien situation, consequences tax liens may bring, and how to get your tax lien removed. Don’t delay — call us today for tax lien help in Orange County, California! (714) 794-4680
What Is A Tax Lien?
According to the IRS, “a federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property, and financial assets.”
A federal tax lien exists once the Internal Revenue Service (IRS) puts your balance due on the books and sends you a bill that explains how much you owe, but you neglect or refuse to fully pay the debt on time.
California state tax liens are recorded at the request of various governmental agencies. Like a federal tax lien, it is the government’s legal claim against your property when you fail or neglect to pay a tax debt.
Before the government issues a tax lien, they will send you a bill explicitly outlining how much money you owe and when it is due. This document is known as the “Notice and Demand for Payment.” If you receive this document and still do not pay what you owe in full or on time, the IRS or state agency will file a public document called a “Notice of Federal/State Tax Lien.” This document alerts creditors that the government has imposed a lien on your property.
If you have received this notice, contact Tax Crisis Institute in Orange County today. We can help you work through your IRS and state government tax liens. Help is only a phone call away — (714) 794-4680!
How Does A Tax Lien Impact Someone?
Tax liens can have a major negative impact on your financial well-being. First of all, a tax lien will attach itself to every single one of your assets. This means any property, vehicles, homes, securities, or savings you have can be confiscated and taken by the government. Any additional assets you gain during your tax lien can also be confiscated!
Secondly, once the IRS or state government agency has issued a “Notice of a Tax Lien,” it will be incredibly difficult to open any type of credit.
Third, your businesses and all of your business property and business accounts can be confiscated by the government.
Finally, your tax lien and the “Notice of a Tax Lien” can follow you even after you file for bankruptcy!
If you’ve been issued a Notice of a Tax Lien, you need to contact Tax Crisis Institute in Orange County today. Our experts can provide you with tax lien help. Don’t wait — contact Tax Crisis Institute in Orange County today — (714) 794-4680!
How Can You Avoid a Tax Lien?
In order to avoid a federal or state tax lien, you must file and pay your taxes in full, and on time. If you are unable to pay your taxes in full, or know that you will not make the deadline, contact the Internal Revenue Service and work with them! There are, in fact, payment options available to help you settle your tax debt over time.
If you do not pay or file on time, do not ignore the letters or correspondence you receive from the IRS. Unfortunately, this is a mistake many people make. It is highly beneficial for you to work with the IRS to create a payment plan to eventually settle your tax debt. The IRS is very willing to work with those who are willing to cooperate and show responsibility for their taxes.
If you’ve found yourself under an IRS or state government tax lien, contact Tax Crisis Institute in Orange County today. Our team of experts can help you navigate the waters of tax liens and help you come out on the other side. Trust Tax Crisis Institute with your IRS tax lien or state government tax lien struggles, and contact us today at (714) 794-4680!
How Do I Get Rid of a Tax Lien?
The best way to get rid of your tax lien is to simply pay the money that you owe the government. Once you have paid back all of your tax debt, the IRS will have to release your lien within 30 days.
When certain conditions apply and are in the best interest of both the government and the taxpayer, there are other options for reducing the impact of a lien. These options include:
- Discharge of property – A discharge removes the lien from a specific property. There are several Internal Revenue Code (IRC) provisions that determine eligibility.
- Subordination – Subordination does not remove the lien, but it allows other creditors to move ahead of the IRS, which can make it easier to get a loan or mortgage.
- Withdrawal – A withdrawal removes the public Notice of Federal Tax Lien and assures that the IRS is not competing with other creditors for your property. You are, however, still responsible for the amount owed.
A key tool in getting rid of a Notice of Federal Tax Lien is an Offer in Compromise. Acceptance of an Offer in Compromise removes all federal tax liens, which is unprecedented. The IRS has not done anything like this for over 30 years. With the help of Tax Crisis Institute, we can help you explore your federal IRS tax lien options. We will help you mitigate the negative effects of your tax lien, and help you get rid of it, faster. What are you waiting for? Contact us today at (714) 794-4680!
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Offer In Compromise
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Tax Lien Removal Service
Unfiled Tax Returns
Wage Garnishments
Wage Levy
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