An IRS tax lien can have serious consequences for your financial well-being. It attaches to all your assets, including personal and business property, as well as real estate. Once filed, the lien becomes public, adversely affecting your credit and potentially impeding your ability to secure financing or sell property.
Key Services and Information:
Timely Action: If you have received an IRS letter titled “Final Notice of Intent to Levy” (notices CP504 or 1058), it is crucial to take immediate action. There are proactive strategies available to prevent the IRS from filing a tax lien against you.
Preventative Measures: At McCauley Law Offices, P.C., our experienced attorneys employ various strategies, such as offers in compromise, installment plans, and innocent spouse relief, to prevent tax liens from becoming public. We thoroughly review your financial circumstances and develop a customized legal strategy that suits your specific needs.
Discharging Tax Liens: If the IRS has already filed a tax lien, there are steps we can take to have it discharged from specific assets. For instance, if the lien is attached to a property you intend to sell, such as your home, we can facilitate the sale and ensure the buyer receives clear title by discharging the lien from that particular property.
Releasing Tax Liens: Once your tax debt has been fully paid or if you are making payments through an installment agreement, we can work towards having the lien released from all your property.
Erasing Tax Liens From Your Credit Report: At McCauley Law Offices, P.C., we go the extra mile to ensure that your tax lien is completely erased from your credit report. Even after a lien is discharged or released, it can remain on your credit report for up to seven years. We negotiate with the IRS to ensure that they contact the relevant county to remove any record of the lien from public records. This proactive step helps protect your creditworthiness when others conduct background checks on your financial history.
Dealing with the IRS can be overwhelming, but you have rights and options. Contact McCauley Law Offices, P.C. for expert assistance in discharging, releasing, and erasing tax liens. Our consultations are free, allowing you to explore your options without any financial commitment.
Call us today at 610-388-4474 to schedule your consultation and gain peace of mind knowing that our skilled attorneys are on your side, protecting your assets and credit.
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