Hi – Michelle Divan here. I represent taxpayers in Denver, CO – and nationwide – who cannot pay their taxes or have back tax debt. Each month I grab a topic that is germane to taxpayers that have debt or issues with the IRS. Last month I focused on Notice of Deficiency letters – the dreaded 90-day letter, and you can see my historic bloc posts here. This month I am focusing my attention and education on people who have tax liens and how to deal with them.
In the last two weeks I talked about how to handle tax liens if you want to sell or refinance your property, both can be accomplished through a specific process. But, obviously, there is a process and you do have to pay the IRS debt first before anything else can be done. So, what if that does not work for you?
Luckily, there is another option. You can actually get the IRS Tax Lien withdrawn. If you can get your debt below a certain amount and set up an Installment Agreement AND have three payments to this installment made via direct debit, you can apply to the IRS to have your Tax Lien withdrawn. This is the best possible scenario to get into.
Once the IRS Tax Lien is withdrawn, you are free to sell, refinance, etc. without IRS approval or involvement. There is a process to handle this scenario and I can help you through that process.
Are you or someone you know in this situation – or have an outstanding tax issues that you need solved? Contact me today and let’s get working on this. I can be reached at 303-250-0122 or [email protected]