IRS Tax Lien - What Can I Do? 

  

BY CHARLES ZAGARA

Education & Training with The Houston Area Tax Relief Lawyer

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September 25, 2019 04:51 AM

   

https://www.houstontaxrelieflawyer.com/

In today's video post https://youtu.be/n6V9LkXragk I discuss how to overcome a federal tax lien in Houston, Harris County and surrounding areas. https://www.houstontaxrelieflawyer.com/

Check out my youtube video and powerpoint slides here        https://youtu.be/n6V9LkXragk

The video discusses the different actions you can take with respect to selling your home, refinancing your home and other options when there is a federal IRS tax lien on your Houston, Harris County home.

You can still sell or refinance your home, even with a federal tax lien if you know what to do.

Any questions about IRS issues, contact me at (832) 699-1070 or by email at Charles.Zagara@gmail.com.

Also, check out more of my tax answers at AVVO, or my more detailed legal guide at
YOU HAVE A FEDERAL TAX LIEN SEPARATING FACT FROM FICTION
                                                                 
                                                                           Charles Zagara

The Houston Area Tax Relief  Lawyer

9950 Westpark, Suite 430

Houston, TX 770563

(832) 699-1070

www.HoustonTaxReliefLawyer.com

Federal Tax Lien in Houston, WHAT NOW? 

  

BY CHARLES ZAGARA

Education & Training with The Houston Area Tax Relief Lawyer

EMAIL  SHORT URL 

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September 24, 2019 04:51 AM

   

https://www.houstontaxrelieflawyer.com/

In today's post I discuss how to overcome a federal tax lien in Houston, Harris County and surrounding areas. https://www.houstontaxrelieflawyer.com
When the IRS files a Notice of Federal Tax Lien, it in effect, becomes a partner with you in your real estate. You can still sell your property, refinance your property, and give your property away.  You just need your partner's ok.There are four specific actions you can ask the IRS to take.
First you can ask the IRS to discharge the particular piece of property from the lien. When the IRS files a lien it attaches to all your property.You can ask the IRS to exempt a particular piece of property from the lien.You would use this when you want to sell the property.By getting the IRS to release the lien on that piece of property, your home for example, the buyer would be able to get a title free and clear of the IRS lien. Second, you can ask the IRS to "subordinate their lien" to a new creditor. You would typically use this when you want to refinance your home to get a lower interest rate or a lower payment.Third, you can ask the IRS to withdraw the lien. You would use this when the lien is not valid under law or when the lien is causing a hardship that affects your ability to pay your back taxes. Fourth you can ask the IRS to release the lien. You would do this when you no longer owe the taxes specified on the Notice of Federal Tax Lien. Typically after a bankruptcy discharge or when the collection period expires. 

The process can be complex. You need to know what forms to file, what IRS code sections to apply to your situation. You also need to supply the correct documentation and you need to explain to the IRS how it can benefit by granting you the requested lien relief.

Any questions about IRS issues, contact me at (832) 699-1070 or by email at Charles.Zagara@gmail.com.

Also, check out more of my tax answers at AVVO, or my more detailed legal guide at
YOU HAVE A FEDERAL TAX LIEN SEPARATING FACT FROM FICTION
                                                                 
                                                                           Charles Zagara

The Houston Area Tax Relief  Lawyer

9950 Westpark, Suite 430

Houston, TX 770563

(832) 699-1070

www.HoustonTaxReliefLawyer.com

Got an IRS Lien

How to Get Rid of a Federal Tax Lien? 

 

BY CHARLES ZAGARA

Education & Training with The Houston Area Tax Relief Lawyer

EMAIL  SHORT URL 

Share:

September 4, 2019 04:51 AM

  

https://www.houstontaxrelieflawyer.com/

In today's video post https://youtu.be/cg76SoglNr8u I discuss how to overcome a federal tax lien in Houston, Harris County and surrounding areas. https://www.houstontaxrelieflawyer.com/

Check out my youtube video and powerpoint slides here        https://youtu.be/cg76SoglNr8u

The IRS uses federal tax liens and doesn't give them up very easily.   Unlike other collection tactics, the IRS will not remove a tax lien just because it is causing economic hardship or issues for the taxpayer, including credit score or other economic harm.  This is because the IRS knows that the tax lien gets the tax debt paid. It is one of their very best collection tactics.

You can still sell or refinance your home, even with a federal tax lien if you know what to do.

In the video I review how tax liens affect your real estate. What happens when you don't owe the IRS but your spouse does. options for obtaining a lien subordination, discharging assets from the tax lien, and the option for having the tax lien withdrawn.

Any questions about IRS issues, contact me at (832) 699-1070 or by email at Charles.Zagara@gmail.com.

Also, check out more of my tax answers at AVVO, or my more detailed legal guide at
YOU HAVE A FEDERAL TAX LIEN SEPARATING FACT FROM FICTION
                                                                   
                                                                           Charles Zagara

The Houston Area Tax Relief  Lawyer

9950 Westpark, Suite 430

Houston, TX 770563

(832) 699-1070

www.HoustonTaxReliefLawyer.com