IRS
Tax lien Removal Information for Businesses
Did you receive a notice of tax lien?
A Notice of Tax Lien can be appealed. A Tax lien is filed in the
public records. For that reason, a tax lien will have a negative
impact on your credit. The tax lien may be invalid if it does
not meet certain technical requirements. There are procedures
to have the IRS lift the tax lien, and there are statutory circumstances
in which the IRS is required to lift the lien.
The tax lien must be based on a valid assessment.
The IRS can remove a tax lien where an installment agreement has
been approved and where it would be in the best interests of both
the U.S. and the taxpayer (where it serves no useful purpose).
A tax lien must be removed when the business's tax liability is
paid, eliminated by the ten-year statute
of limitations, or settled in an Offer
in Compromise. The IRS can be forced to accept an Offer in
Compromise settlement based on what is "collectible"
from a business rather than on the basis of how much the business
owes (even if that settlement is nominal).
Every effort should be made to remove the tax
lien because it is a serious impediment to the ability of the
business to obtain credit as needed for all business purposes.
The lien, filed in public records, is also a collection action
that can soon be followed by other collection actions such as
"levy" and "seizure" of all business assets.
A tax lien will be followed by an IRS levy.
If they garnish your accounts receivable, you not only loose the
payment but you are also likely to lose a customer because that
customer would prefer to do business with someone without an IRS
problem.
An Offer in Compromise has become a popular method
for eliminating a business tax liability and the corresponding
tax lien. Congress has encouraged Offer in Compromise settlement
in order to give delinquent businesses a "fresh start"
on their tax liabilities.
We have tax attorneys on staff with 48 years
of IRS tax experience in the Office of the IRS Chief Counsel.
Therefore, we understand the most effective ways to advocate positions
for our clients.
Alvin Brown & Associates has a national tax
practice specializing in IRS tax issues and problems. Call for
a free consultation to our toll-free number at (888) 712-7690,
email us at info@irstaxattorney.com,
or fax us a power
of attorney at (703) 591-6295 for emergency assistance.
We have Offer in Compromise forms available for
your business as well as all of the forms you may need for filing
a lien or collection appeal, installment agreement, penalty abatement,
claim for refund, and other IRS adverse actions.
IMPORTANT: You will never have to talk
to the IRS again. All contacts and settlements with the IRS will
be handled by a Tax Attorney.
We will fax you a power of attorney on Form
2848 which can provide you with immediate representation.
Contact us online to
initiate the lien removal process.
Phone: (888) 712-7690
Free Consultation
Fax: (703) 425-1567
E-Mail: info@irstaxattorney.com
Send us copies of your tax lien certificates and
any Notice of Tax Lien. It is best to appeal a Notice of Tax Lien
withing 30 days. Nevertheless, the IRS Appeals Office will review
a request to remove a tax lien at any time.
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