I focus my practice on tax resolution, representing taxpayers in Colorado, Florida, and across the United States.
Receiving a notice of lien from the Internal Revenue Service (IRS) can be a daunting experience. A tax lien can have serious consequences for your financial standing and creditworthiness. However, there are steps you can take to navigate this situation and potentially have the IRS withdraw its notice of lien. Let's explore the key actions you need to take.
- Resolve the Underlying Tax Debt:
The first and most crucial step is to address the underlying tax debt that led to the notice of lien. Contact the IRS to discuss your options, such as setting up a payment plan, negotiating an offer in compromise, or requesting an abatement of penalties.
- Request a Withdrawal of the Notice of Lien:
Once you have made significant progress in resolving your tax debt, you can request a withdrawal of the notice of lien from the IRS. Submit Form 12277, Application for Withdrawal, along with supporting documentation that demonstrates your compliance and financial stability.
- Seek Professional Assistance:
Navigating the complexities of tax debt and IRS procedures can be overwhelming. Consider seeking professional assistance from a tax professional who specializes in tax resolution. They can guide you through the process, help you gather the necessary documentation, and advocate on your behalf to increase the likelihood of a successful lien withdrawal.
While dealing with an IRS notice of lien can be stressful, it is not an insurmountable situation. By taking proactive steps to resolve your tax debt, requesting a withdrawal of the notice of lien, and seeking professional assistance, you can improve your chances of having the lien withdrawn. Remember, open communication, timely action, and cooperation with the IRS are vital in navigating this process successfully.
If you or someone you know has back taxes to deal with, don't hesitate to contact us immediately at 303-499-2700 or by email at mmoran@apextaxdefense.com.
Michael Moran, CEO, EA
Apex Tax Defense LLC
825 S Broadway
Boulder, CO 80305
Phone: 303-499-2700
Fax: 888-478-7627
mmoran@apextaxdefense.com
www.apextaxdefense.com
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