PANIC!! You have received notice of a federal tax lien or your bank account has been levied by the Internal Revenue Service. Under Internal Revenue Code Section 6321 allows the IRS to file a notice for federal tax lien to protect the government's interest. How long does the Lien continue? The lien will continue until: 1) It Expires; 2) It is Paid; or 3) It is Compromised.
What are the options are available for you? Do you any unfiled tax returns? Do you have unpaid taxes for prior years?
Work with a tax professional to represent you before the IRS help you to resolve the lien with the following options:
Option 1: Get into Compliance (required)
Option 2: Have an analysis to determine the payment options for which you qualify
Option 3: Possibly have the IRS subordinate to another lender
Option 4: Setup an installment agreement
Marcelino Dodge, Enrolled Agent, with Cash Tracks Financial helps taxpayers with unfiled tax return and tax liens.
525 N Cascade Ave., Suite 200
Colorado Springs, CO 80903
(719) 359-8789
success@cashtracksfinancial.com
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