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!

 

Written by Scott Allen

If you have an IRS Tax Lien in Tempe Arizona call Scott Allen E.A.

Tempe AZ IRS Tax Lien

A Tempe AZ IRS tax lien can wreak havoc with your credit and your life.  There are many situations where a tax lien problem in Tempe AZ can be resolved or minimized.  The best advice I can give you if you have an IRS tax lien is to schedule a free consultation with Scott Allen E.A.

Many clients have the misunderstanding that they have a tax lien when in fact the statute of limitations has passed.  IRS tax liens are self-releasing but unless you have paid the tax, the IRS will not notify a credit bureau that the liens have been released.  At this point, you can inform the credit bureau that the lien is self-releasing and are no longer in force.  Scott Allen E.A. can guide you through this process.

There are many other situations that you can either remove or subordinate a Tempe AZ IRS tax lien and allow you to move on with your life.  If you live in or near Tempe AZ call Scott Allen E.A. at 480-926-9300 and see what options are available to you.  Scott will make your appointment a great day for you!

 

Written by Scott Allen

Call Scott Allen E.A. of Phoenix AZ if you get an IRS Notice of Deficiency

Phoenix AZ IRS Notice of Deficiency

The Phoenix AZ IRS Notice of Deficiency in needs a quick remedy. The tax liability is based on returns filed by the IRS called substitute for returns.  A correctly filed return will usually reduce significantly the taxes owed.  This notice gives you 90 days to correct the problem and you will need every day to file correct returns and get an IRS assessment if taxes are owed or a refund is due to you.

Once the returns are filed and assessed, the Phoenix AZ Appeals Office will contact your representative if they have any questions about items included on the returns.  Many times the returns are accepted as filed without the Appeals Officer wanting proof of any deductions.  That is why Scott Allen E.A. should be your choice.  He will file returns that are as aggressive as the law allows and will ultimately be accepted by the Appeals Office.  Scott can be reached for a free consultation regarding your Phoenix AZ IRS Notice of Deficiency at 480-926-9300.  Scott will put your mind at ease and you will know you are on the right track to getting a settlement with the IRS.

Scott Allen, E.A. is just a handful of miles outside of Phoenix Arizona.

 

Written by Scott Allen

Can the IRS put a lien on my house when I am making monthly payments on what I owe?

The IRS put a lien on my house

The answer is yes.  Any time you owe the IRS, they can put a lien on your house and other property that you own.  You should expect a lien to be filed even if you are on a monthly installment arrangement or a non-collectible status.  Even if you are in the process of applying for an offer in compromise the IRS can file a tax lien if they are concerned about the amount being offered.

If you feel that there is a legitimate reason why the IRS should not have filed a tax lien, you have the option of filing a collection due process appeal.  In most cases, you will not be successful in removing the lien unless it is due to an error on the part of the IRS, or when a return is assessed it will prove that you will not own any taxes.  If you desire to get a tax lien removed in order to get a loan to pay the balance owed off in full, the IRS will subordinate the lien in order to allow a bank to make the loan.

If you have any questions regarding the filing of a tax lien, removing a tax lien or how a tax lien affects your credit or assets, give me a call for a free consultation at 480-926-9300.

Scott Allen E. A.

Tax Debt Advisors Inc helping Arizona taxpayers with and IRS lien on their house

www.irshelpblog.com

Written by Scott Allen

IRS much more aggressive on filing Tax Liens

IRS Tax Liens

The IRS has aggressively increased the number of liens issue in 2009 over 1999—475% more.  Even Nina Olson, the national tax payer advocate concedes that it is causing unnecessary harm to some taxpayers and even reducing the amount the IRS is able to collect.  Olson told CNNMoney, “Taxpayers are being greatly harmed for very little benefit to the government.”  Nina says that tax lien issuance is one of the top five problems that Congress must deal with to help taxpayers.

When you are under threat of a tax lien being filed, it is important to consider arguing, with professional help, the disadvantages a tax lien will cause to delay the payment of delinquent taxes.  The IRS allows taxpayers an opportunity to argue their case before the Office of Appeals.  Serious consideration of filing an appeal should be made so that you are not limited in your ability to pay off your tax debt due to a tax lien.

Scott Allen E. A.

Tax Debt Advisors, Inc

taxdebtadvisors.com

 

Written by Scott Allen

Can the IRS file a lien on a home in Gilbert Arizona I own jointly with a friend?

Lien on a home in Gilbert Arizona?

Yes, as long as your name is on the title the IRS can and will file a tax lien on a home in Gilbert Arizona for the full amount of the taxes you owe.  The only time this will become a problem is if you decide to sell the house before the amount of taxes owed are paid.  The IRS is not interested to taking what is rightfully owned by someone else and unless the IRS is notified of the situation ahead of the sale, any amount left over after the mortgage is paid will go to the IRS.

If you find yourself in this situation and want to keep your friendship in tact, call me to see what should be done to make sure the IRS only takes your portion of the gain on the sale of the home. Don’t let the IRS put a lien on a home in Gilbert Arizona without you knowing about it first.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.stopIRSaction.com

 

Written by Scott Allen

What is the effect of an Arizona IRS lien filed in the wrong county?

Arizona IRS lien filed wrong

An Arizona IRS lien filed the wrong county is not valid against any property you own in another county.  However, any IRS tax lien whether it is filed in the right or wrong county will be picked up by the credit bureaus and lower your credit score.

If at a later date you decide to purchase property in the county where the tax lien was incorrectly filed, the tax lien will automatically attach to property acquired after the filing of the tax lien.  IRS tax liens have a statute of limitations of ten years.   Call me if you have any questions regarding a tax lien filed in the wrong or right county at 480-926-9300.  Thank you.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.stopirsaction.com

 

Written by Scott Allen

taxdebtadvisors.com in Mesa Arizona – Can Interest and Penalties on IRS debt really be reduced?

TaxDebtAdvisors.com

The short answer is: rarely.

It is common to hear IRS Relief ads claim that they can reduce interest and penalties on your IRS debt.  It is easy for clients to believe this claim since interest and penalties often exceed the amount of the actual tax debt.

But because it is possible in very limited situations, unscrupulous companies will give the impression that they know how to do something that no one else knows about or is able to do.  This is probably the most common myth that clients, seeking a second opinion, share with us.  When we point out the situations that do apply to penalty and interest abatement, it is obvious that the prospective client is not a candidate for that type of tax relief.

In simple terms, unless it was a mistake by the IRS against you that was incorrect, or you were prevented from filing or paying because of something beyond your control, such as your house being blown off it’s foundation, along with your tax records from Hurricane Katrina, or being called up for combat in the military or some similar situation you will not be a candidate for penalty or interest abatement.  In the situations mentioned you would only be considered for penalty abatement but not interest abatement.  In other words, every penalty abatement case is unique and is handled case by case for the IRS to consider.

Scott Allen E. A.

Tax Debt Advisors, Inc in Mesa Arizona

www.taxdebtadvisors.com

 

Written by Scott Allen

stopirsaction.com – IRS TAX LIENS

IRS Tax Liens in Mesa Arizona

How do IRS Tax Liens Affect Real Estate I own?

You’ve heard with real estate the phrase, location, location, location.  Well that is certainly true when it comes to your real estate and IRS tax liens.  Here is a typical question I get asked regarding IRS tax liens.  The IRS filed a tax lien against me here in Maricopa County where I live but I own land in North Dakota where no lien has been filed?  For the lien to be in force does it have to be filed where I live or in North Dakota?

The answer is that an IRS tax lien is only in force against your property if it is filed in the county where the property is located.  If the IRS only files a lien in the county you live in it will have no effect real estate you own in another county.  In this situation, if the IRS only filed a lien in Maricopa County, you can refinance or sell the property without interference of the lien.  The IRS has not secured it’s interest in your real estate if it is filed in the wrong county.

However, once you are contacted by the IRS regarding a tax debt, they will ask you to disclose all property owned.  Failure to make full and accurate disclosure can result in serious legal issues.  Some clients think that they can simply change title in a property the own to another family member or friend to avoid making full disclosure.  However, the IRS will ask under penalties of perjury if any assets have been transferred out of your name for less than full value in the last ten years.

If property has been sold, the IRS will want to know what was done with any equity that you received.  If it was used for normal living expenses, the IRS will consider that reasonable but it will likely affect the amount that would be acceptable in an Offer in Compromise if it was recent.  Schedule a consultation today to speak with Scott Allen E.A. in Mesa AZ about your IRS tax liens and what options you have.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.stopIRSaction.com

IRS Tax Liens

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