Payroll Tax Problems

A tax lien is imposed by law upon property to secure the payment of taxes. A tax lien may be imposed for delinquent taxes owed on real or personal property, or as a result of failure to pay income or other taxes. A Federal Tax Lien gives the IRS a legal claim to your property. Once a Federal Tax Lien is recorded it attaches to all of your property and all your rights to that property. Unlike personal debts, a Federal Tax Lien on real property means that the property owner becomes responsible for payment of the tax even if a previous owner incurred it.

Usually a tax lien is filed when a liable person neglects to pay or refuses to pay any form of tax after a demand for payment has been made. The lien then attaches to all property and rights to property, whether real or personal. The lien usually arises at the time that the assessment is made and shall continue until the liability for the amount assessed is satisfied or becomes unenforceable by reason of statute. In certain cases, the lien of another creditor may take priority over a Federal Tax Lien even in the Federal Tax Lien was filed before the other creditors lien was perfected.

Once the IRS files a Federal Tax Lien it is very hard for an individual to obtain any form of financing. We can assist individuals in obtaining financing even after a tax lien has been filed.

Equity Search can work with you to get a Federal Tax Lien removed or help you to prevent the filing of a lien. One such way to get a Federal Tax Lien removed is to file an Offer in Compromise, complete the Offer and then request for the removal of the Federal Tax Lien. Equity Search specializes in the many alternatives available to a taxpayer to combat a tax lien. Some of these options may include a withdrawal, subordination or discharge of tax lien.