Regular Post
Written by Scott Allen

Request the IRS Withdrawal of Notice of Federal Tax Lien in Phoenix AZ

IRS Form 12277 is the Application for Withdrawal of Filed Form 668(y), Notice of Federal Tax Lien.  If the IRS determines to withdraw the Notice of Federal Tax Lien the IRS will file a Form 10916(c) Withdrawal of Filed Notice of Federal Tax Lien in the recording office where your tax lien was filed.  For those living in Maricopa County, this would be the Maricopa County Recorder office.  The IRS will also provide a copy to you.  If the IRS decides not to withdraw the Notice of Federal Tax Lien, you will be notified and provided information regarding your rights to appeal their decision.  If the IRS agrees to withdrawal the tax lien, the taxpayer or their representative must provide the names and addresses of the credit bureaus, financial institutions and any other creditors you want to be notified.

Scott Allen E.A. if you live near Phoenix AZ.  He has the expertise to navigate through the IRS bureaucracy to get your Arizona IRS tax lien removed if you qualify.  Scott provides a free initial consultation.  Contact him today at 480-926-9300 to see what rights you have regarding your IRS lien.

– – info@taxdebtadvisors.com

IRS help by city, IRS Problems, IRS Tax lien problems
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Regular Post
Written by Scott Allen

Can I Avoid A Federal IRS Tax Lien in Arizona?

If a tax lien has not been filed, you can avoid it if you pay the tax debt before the Notice of Federal Tax Lien has been filed in Arizona.  Do not ignore letters from the IRS.  Even if you can’t pay off the tax debt in full, there are payment options that can stop the filing of a tax lien and allow you to pay off your debt over time.

Taxpayers often confuse a tax lien with a tax levy.  These are two separate actions taken by the IRS.  A levy takes money from your paycheck or bank accounts.  The lien attaches to all the property you own.  This prevents you from access to or selling the assets without the proceeds going to the IRS.  This is a serious situation that can eventually lead to the IRS seizing and selling your assets until the tax debt is paid in full.

Contact Scott Allen E.A. of Arizona for a free consultation to see what options are available to you.  He can be reached at 480-926-9300.  Scott will make that day a great day for you!

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax lien problems
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Regular Post
Written by Scott Allen

How does an IRS tax lien affect you if you live in Gilbert Arizona?

First off an IRS tax lien attaches to all of your assets.  This includes homes, land, investments and vehicles.  If you purchase assets after the tax lien has been filed, the lien will attach to future property as well.

Second, tax liens have a negative impact on your credit score.  Once the IRS files a Notice of Federal Tax Lien, your credit will be damaged and the lien will limit your ability to borrow from banks or get a credit card.

Thirdly, if you are self-employed, the lien will attached to all of your business property.  This includes accounts receivable.

And finally, if you file a bankruptcy, the tax lien may continue to attach to your property.  There are options here to get the lien removed after bankruptcy.  This will require professional advice and action.

May I suggest you contact Scott Allen E.A. if you live in Gilbert AZ as soon as a Notice of Federal Tax Lien has been filed against you?  Scott Allen E.A. has expertise in minimizing, and in some cases eliminate the impact of an IRS tax lien.  Scott can be reached at 480-926-9300.  He offers a free consultation and will make your appointment a positive experience.

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax lien problems
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Regular Post
Written by Scott Allen

The IRS has filed a Notice of Federal Tax Lien against you in Chandler AZ

Chandler AZ Notice of Federal Tax Lien

A Chandler AZ notice of federal tax lien is a public document that warns creditors that the government has a legal claim against your property.  The easiest way to remove the Chandler AZ tax lien is to pay it off.  If you are able to pay off the tax debt the IRS will release your lien in 30 days.  However, many taxpayers cannot pay off the tax debt.  If the taxpayer could pay the tax debt, they would have paid it before the federal tax lien was filed.

Scott Allen E.A. is your best choice to review your options if you cannot pay off the tax debt.  When it can be shown that a remedy is in the best interest of the US government and the taxpayer there are options to minimize the impact of a federal tax lien.

In summary they include:

  • Discharge of property—This allows your property to be sold free of the lien.  The proceeds will go towards the tax debt until it is paid in full.
  • Subordination—This action does not remove the lien, but it does allow creditors to be put ahead of the claim against the asset which can make it easier to get a loan or mortgage.  The proceeds of the loan or mortgage will be applied against the tax debt until it is paid in full.
  • Withdrawal—This action removes the public notice of the federal tax lien and assures creditors that the IRS has no claim on your assets.

Contact Scott Allen E.A. if you live in Chandler AZ and if you want to get a clarification of what options are available to you.  Scott offers a free consultation and can be reached at 480-926-9300.  He will make your appointment a great day for you!

 

IRS Problems, IRS Tax lien problems, Offer In Compromise
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