What is a tax lien?
If you owe back taxes, the IRS gains a tax lien on all your assets.
The tax lien attaches to all property and rights to property (real or personal, tangible or intangible), title and interest of the taxpayer.
Once the IRS has a tax lien on all of a taxpayer’s assets, they may enforce that tax lien by administratively levying your assets. A tax lien is filed by the IRS to protect government’s interests. Our in-depth knowledge of the tax procedures helps to check if all the administrative requirements for lien filing were met. We can also try to convince the IRS that releasing or withdrawing the lien is in the best interests of the government and that it would facilitate the payment of the tax due. In appropriate circumstances, we can negotiate for a subordination of the tax lien. Furthermore, if you engage us in the early stages of the tax controversy, we may be able to prevent filing of tax liens through negotiations with the IRS.