irs liens: Richardson TX - When the IRS will subordinate another lender - 07/12/19 10:48 AM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt problems, IRS Liens are often the major issue they are working to resolve, and taxpayers want to know how to get rid of an IRS lien.
There are two types of IRS liens:
General or “Silent Lien” which is automatic by statute. No one including the taxpayer is notified. A Notice of Federal Tax Lien (NFTL) which is publicly filed The NFTL is what causes pain to the Taxpayer, harming their ability to access credit and transfer assets. When an IRS lien is filed, in most cases, … (0 comments)

irs liens: Richardson TX- Why Every Parent Should File a Lien against their child - 06/30/19 09:59 AM
As a parent, today’s topic may sound a bit crazy to you, but it can be a critical tool for protection for taxpayers who end up with IRS problems. In particular, it could impact those adult taxpayers that have received loans from parents or spouses to purchase a business or some other asset. Many parents can’t imagine filing a lien against their child, thinking, I trust my child, but even if they didn’t pay me back, I would never consider taking their assets, and I don’t want them to think that I don’t trust them. Considering that, why would I ever … (2 comments)

irs liens: Richardson TX - How To Get Rid of an IRS Tax Lien - 05/19/19 09:26 AM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt problems, IRS Liens are often the major issue they are working to resolve, and taxpayers want to know how to get rid of an IRS lien. 
 
As mentioned in a previous blog, there are two types of liens –
General or “Silent Lien” – automatic by statute.  No one including the taxpayer is notified. A Notice of Federal Tax Lien (NFTL) – publicly filed  
The NFTL is what causes pain to the Taxpayer, harming their ability to access credit and transfer assets.  The IRS is permitted to … (0 comments)

irs liens: Richardson TX - What is the IRS "Silent Lien"? - 05/15/19 01:21 PM
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt issues, one of the major reasons is that either they fear a lien or have received a Notice of Federal Tax Lien. Taxpayers often don’t understand the process, how a Tax Lien impacts them, and what they can do to avoid one or remove one. This is one in a series of articles discussing the IRS Tax Lien.
  
The Types of Liens
There are two types of liens that Congress has authorized the IRS to use under Section 6321 of the Internal Revenue Code, to use when a … (0 comments)

irs liens: Richardson TX - How Does an IRS Lien Work - 05/12/19 10:04 AM
I manage a tax practice in Richardson, TX, and one of the major issues that taxpayers come to me with are problems related to IRS Liens. Taxpayers often don’t understand the process, how a Tax Lien impacts them, and what they can do to avoid one or remove one. This is the first in several articles that I will write on the lien process. In the following articles, I will dig deeper into the process as well as what to do if the IRS places a lien on your assets.
 
The Impact of the Tax Lien
An IRS lien is a very powerful … (4 comments)

irs liens: Richardson TX - Can the IRS Levy My Retirement Accounts? - 05/10/19 08:09 AM
The Tax Levy
The Levy is a powerful tool available to the IRS to deal with delinquent taxpayers. It quickly gets the Taxpayer’s attention and is the most common reason that new clients come to our Richardson, TX office. There are many different types of assets that the IRS can levy. One of these categories are Retirement Accounts. Some people believe that the IRS cannot touch retirement accounts, however, that is not true. Today, we’ll discuss what the IRS can and cannot levy in regards to Retirement Accounts.
 
The IRS and Retirement Accounts 
The IRS is exempt from the anti-alienation provisions of REISA have … (0 comments)

irs liens: Richardson TX - I've Been Levied By the IRS. What Do I Do? - 04/30/19 07:55 AM
A tax levy is the actual seizure of a taxpayer’s property by the government in order to resolve delinquent tax debt. The tax levy is probably the IRS’s most potent tool to deal with delinquent taxpayers. It quickly gets the Taxpayer’s attention and is the most common reason that new clients come to our Richardson, TX office. The IRS issues tax levies after they have sent several notices to the taxpayer that have gone unanswered, or the taxpayer has failed to stick to an agreement.
 
What You Should Do If You Receive a Final Notice of Intent to Levy?
Before you are levied, … (0 comments)

irs liens: Richardson TX - Who says you can't sell your home with a Tax Lien? - 03/13/19 06:00 AM
I have clients come into my Richardson, TX tax office wanting to sell their homes but believing that they are unable to due to an IRS lien filed against it.
 
The good news is that not only can you sell your home, but the IRS will be happy to allow you to sell your home, as long as it does not negatively impact them. The IRS will not permit the home owner to walk away with money that could have been received by the government.
 
Let’s walk through a few scenario’s to illustrate what would happen in a sale on a … (2 comments)

 
Bob Jablonsky, Helping you resolve your IRS Problems! (Bob Jablonsky & Associates) Rainmaker large

Bob Jablonsky

Helping you resolve your IRS Problems!

Richardson, TX

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