As our Jacksonville, FL IRS tax lien lawyer knows, if you owe back taxes, the IRS may place a lien against your property. This means the government has a legal claim over your assets until the debt is paid. A tax lien can affect your credit, limit your ability to sell property, and create ongoing financial stress. Working with an IRS tax lien lawyer can help you manage the situation, explore your options, and protect your financial future. We offer 24/7 live call answering, so get in touch when you are ready.
What An IRS Tax Lien Means
An IRS tax lien is not the same as a levy, which is the act of taking your property. A lien is the government’s claim against your property as security for unpaid taxes. Once filed, it attaches to real estate, personal property, and financial assets. Because liens are public records, they can also impact your ability to get loans or conduct business.
Consequences Of A Tax Lien
A tax lien can affect several parts of your financial life. Your credit score may drop, which makes borrowing money more difficult. If you own a home, the lien can complicate refinancing or selling it. Business owners may find that their ability to secure contracts or financing is reduced. For individuals and families, it often brings stress and uncertainty about how to move forward.
Options For Resolving A Tax Lien
There are different ways to deal with a tax lien depending on your financial situation. Some of the most common include:
- Paying the debt in full. This is the most straightforward option, though it is not always possible for everyone.
- Setting up a payment plan. The IRS may allow you to pay your debt over time through an installment agreement.
- Requesting withdrawal. In some cases, you may be able to have the lien withdrawn, which removes the public notice.
- Subordination or discharge. These actions do not remove the lien but can make it easier to refinance, sell property, or prioritize other creditors.
A lawyer can review your case and advise you on which of these approaches may work best.
How A Lawyer Can Help With The IRS
Dealing directly with the IRS can be stressful, especially when you are not familiar with tax procedures. A lawyer can step in to communicate with the IRS on your behalf, review the details of your debt, and negotiate terms that may be more manageable. Your attorney will have experience working with tax lien matters and can guide you through the process with your best interests in mind.
Protecting Your Financial Future
Resolving a tax lien is not only about dealing with the present but also about protecting your financial future. By addressing the lien properly, you may be able to restore your credit over time, free up your property for use or sale, and reduce the stress that comes with unpaid tax debt. The team at Crepeau Mourges knows that an IRS tax lien can feel overwhelming, but you do not have to handle it alone. A lawyer can explain your options, handle communication with the IRS, and work with you to find a resolution. With more than 40 years of legal experience, you can count on us to help you. If you are facing a tax lien, contact us today to discuss how we can help you protect your property and move forward with confidence.
