If you have tax debt, and you don’t protect your assets, the government can take everything away from you.
A tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. It protects the government’s interest in your property, whether that’s real estate, personal property like a car, money in the bank, or a piece of each paycheck, known as a Wage Garnishment.
A tax lien can affect your credit, make it hard to refinance or borrow against your property, or make it tough to get approved for other loans, such as an auto loan.
Tax liens are structured by complicated federal laws, but even the IRS makes mistakes, so knowing your rights in fighting one is crucial. Let Apex Tax Defense show you options for the best defense against a tax lien, including demonstrating that the lien was filed in error, appealing, paying your tax debt in full, making an Offer in Compromise or negotiating an Installment Agreement.
In many cases, paying your debt in full is the best way to get rid of a federal tax lien, since the IRS is required to release your lien within 30 days afterwards.
When conditions are ripe for both government and taxpayer, other options exist for reducing the impact of a tax lien. Apex Tax Defense can show you how that might look in your situation, and how to take care of your bottom line.