Were you recently notified of an IRS lien or levy? If so, these are serious matters that demand your urgent attention.
If you receive a notice of a tax lien or levy, you should not try to manage your situation on your own. The stakes are far too high at this point. You could end up losing your home or business if the situation isn’t handled just right.
Please contact us immediately if you receive a tax lien or levy. At the very least, you can use your free consultation with us to learn more about your situation.
Many people aren’t sure of the difference between a lien and a levy, so here’s an easy-to-understand description:
If you receive a notice of a tax lien…
This means that the IRS or the state is coming after you to collect a tax debt. They can attach a lien to any of your assets (including your home, your business, and your bank accounts). This means that if you sell any of those assets, the IRS will be paid first.
We can help get your lien lifted or released, which means you’ll be able to refinance or sell your home. But the sooner you contact us, the better your chances will be.
If you get a notice of a tax lien, it usually means a tax levy is coming soon.
If you receive a notice of a tax levy…
A tax levy is even more serious than a lien. A levy means that the IRS is about to garnish your wages, levy your bank accounts, and/or seize your property. If the IRS levies your bank account, it will become “frozen,” leaving you without access to your own nest egg.
If things get to this point, please contact us immediately! We need to negotiate with the IRS right away to stop them from seizing your assets through what’s known as a “stay of enforcement.” This will buy us enough time to get the lien or levy lifted.
Then, we’ll work to reduce your tax debt down to a manageable level so you can pay it off without losing your home or business.
Remember, your initial consultation with us is 100% free. Just fill out the short form at the top of this page and one of our experts will be in touch soon.
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