Tax Representation Solutions Can Help You Resolve Your Tax Levies

By Author: Leroy Floyd
Total Articles: 2
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Tax debt accumulation is considered a tax offense. The Internal Revenue Service has the right to seize your paycheck and bank account. A tax lien is a paper filed by the IRS to secure the government's right to collect money, generally by seizing funds immediately from a bank account or salary.

An ordinary citizen cannot avoid paying taxes because it is a legal duty. It is often impossible to pay taxes on time due to rising prices. Tax debt accumulation is considered a tax offense. However, if you are unable to pay the government due to terrible circumstances, you can seek assistance from tax resolution services to help you cope with the matter.

If you do not make arrangements for tax payment, the IRS, or Internal Revenue Service, has the right to seize your monthly paycheck and bank account. It can also file a tax lien statement on your property to force you to pay your taxes. This can result in damaged credit history, as well as other issues. When you owe money to the government, it is important that you obtain professional tax representation. If you are unfamiliar with the law and the tax department, dealing ...
... with the situation on your own might be difficult. And also, don’t be confused by the words ‘liens’ and ‘levies.’ A tax lien is a paper filed by the IRS to secure the government's right to collect money, whereas an IRS tax levy involves the collection of taxes by force, generally by seizing funds immediately from a bank account or salary.

People are most often asking or wondering how to remove federal tax liens. However, if the lien was filed in error, when the outstanding amount is paid in full, or when the remaining balance is otherwise cleared, such as through a good offer in compromise, the IRS will remove the lien. It will also eliminate the lien if it becomes illegal, which can happen if the statute of limitations has gone expired.

A federal tax lien can be removed in one of two ways:

Withdrawal

If it is determined that a federal lien was filed in error, for example, when the wrong person is targeted for a debt, the IRS will withdraw it. It’s as if the lien had never been filed in the first place in such a situation.

Release

When a federal lien is released, the property is no longer encumbered by the lien. The county’s records will be modified to reflect the release of the lien. Liens are discharged 30 days after the unpaid tax debt is paid in full or a guaranteed or streamlined installment plan is established.

There are several legal services on the market. Spend time looking through various tax representation services online to find a professional if you want to get out of a horrible situation quickly and smoothly. It is essential that the company you hire is well-versed in the field and has a lot of experience. Always look for client testimonials, as these can provide unbiased information about the company. It’s important to search for testimonials somewhere else than the service’s website. This is because the company will only post favorable feedback about its products.