A release of lien assures the lien holder (lender) and the borrower that there are no other parties that hold a financial stake in a particular asset or property.

For instance, when purchasing a new automobile through a lender, he will assess your account and provide you with a lien release, right after making the final payment. The release document includes a statement indicating that your loan is fully paid. The lender will also give an automobile lien release, which is one of the types of lien releases, to the state titling agency and you will be given a new title, thereby removing the former lien-holder’s name in the property.

However, if you do not have a release of lien for your property and you, unfortunately, have back taxes, you will most likely be given a tax lien against your asset by the IRS.

Losing an asset is not easy to get over with, which is why Premier Tax Resolutions is here to help you deal with your IRS issues. With more than 30 years of experience resolving problems with IRS enforced collections, Premier promises its clients relief by means of such legal actions like a release of lien.

In evaluating your case, Premier will work with you and the IRS, thereby rebuilding broken down communications. Should there be a need for past year tax returns, the firm will file one and will also pursue an Offer in Compromise in agreement to settling your debt for a lesser amount. Before that, though, you will have to secure a lien release for you to keep your property.

How to Get a Speedy Release of Lien

The easiest way out of this dilemma is through a tax lien, which is released when your debts are resolved. This will only be released if your Offer in Compromise amount is approved and paid, freeing you from any payment obligation to the IRS. You will become, once again, the legal holder of your assets and you can start repairing damages in your credit history.

Premier Tax Resolutions can help you get a tax lien, saving your credit from further problems. The more you overlook IRS notices, the harsher are the consequences. With seasoned professionals handling your concerns, you can go back to your normal credit-free life one step at a time.

You can contact Premier Tax Resolutions at 1-800-554-0146 or you can email them via their Contact Form.

One of the things that can greatly affect a person’s credit rating is an IRS tax lien. This federal tax lien serves more than just a reminder of a person’s tax debt against his/her property. Receiving a tax lien from the IRS can also mean that the person is more likely to lose some of his most prized assets including his home and car as well as tainting his/her credit rating.

However, the good news is that people can actually do something after receiving a federal tax lien. They can go out and seek for help from a company of tax professionals. Premier Tax Resolutions is one such company. The specialists at Premier Tax Resolutions have been helping people come up with probable solutions for their tax liability problems.

Generally, when the Internal Revenue Service imposes a tax lien on a person’s property, the agency also files a public notice regarding the recently filed tax lien. Right after the filing of the federal tax lien, the person is left with a maximum of ten days to settle the case. Given that the person hasn’t completed the necessary payments, the property in question is permanently transferred to the federal government agency for seizure or foreclosure. And unless the tax debt that person owes is valid, he/she can fight for the ownership of his/her properties in a public hearing.

Anyone faced with this problem can seek for professional assistance at the Premier Tax Resolutions firm. By securing an Offer in Compromise from the IRS, the people at Premier Tax Resolutions can help the person save his/her property and assets from federal seizure.

The Premier Tax Resolutions has been helping numerous people formulate convenient settlement agreements in order to help people reduce their tax debt into a more fitting amount.

Although people can file an Offer in Compromise by themselves, most of the time they don’t end up getting the desired settlement. In fact 75% of those who do are rejected for having incomplete paperwork, while only half of the remaining 25% of those who do complete the filing properly are approved. Statistics like this show how critical it is to seek help from tax professionals.

Let Premier Tax Resolutions help you today: Call us at 1-800-554-0146. You can fill out our convenient Contact Form to have us call you directly, as well.

The Internal Revenue Service imposes federal tax liens as a method to reinforce collection of unsettled tax debts. Most of the time, the IRS imposes this extreme method of collection as a last resort. Once a person ignores his/her federal taxes, his/her back taxes piles up. When this happens, the people at the Internal Revenue Service start to send out notices in forms of letters and phone calls to remind the person of his/her tax liabilities.

If a person fails to settle his/her federal taxes, the IRS can impose a tax lien on the person’s properties and assets. When the government files an IRS tax lien, it simply means that the agency takes over the ownership of a person’s property until the tax debt is settled. Technically, the Internal Revenue Service gives the person a maximum of ten days after the tax lien has been filed to make the necessary payments. Given that the allowance of ten days has been reached and the person hasn’t complied with the necessary payments, he/she can apply for a hearing.

Although, the person is given the choice to argue his/her case during the hearing, he/she might find it difficult to obtain a fair settlement. If a person has been served a federal tax lien notice of hearing, it is advisable for him/her to seek professional help immediately. It is vital that the person gets represented by the right people in cases such as these in order to prevent further losses.

The people at Premier Tax Resolutions are capable of providing people the proper representation in court in cases such as these. The Premier Tax Resolutions firm has more than three decades of experience resolving cases involving various tax problems including federal tax liens. Over the years, the firm has rendered services to a long list of satisfied clients.

The people at Premier Tax Resolutions will work to settle their client’s tax problems with the IRS by going through a process called an Offer in Compromise. An Offer in Compromise is an agreement between the client and the Internal Revenue Service. This will provide the client with a more convenient and realistic way of paying his/her tax debts.

Subordination of the Lien is one way for a taxpayer to secure financing to pay for their federal tax. In this process, the IRS Lien is made secondary (or Subordinate) to the interest of another creditor so that the taxpayer can avail some form of private financing with which to pay the debt.

Subordination of the Lien can be advantageous to a taxpayer who owns a house and wants to get a home equity loan to pay off their tax debt. As long as the proceeds of the loan are paid to the IRS and if they collect an amount up to the value of the Tax Lien or higher, then the IRS will allow Lien Subordination.

This is a very common procedure yet it is difficult to accomplish without professional assistance. A Federal Tax Lien is given to secure the government’s interest in any property subject to the Lien. Barring acquisition of security interests that are higher than the IRS lien, professional lenders won’t lend funds to a taxpayer with a tax lien due to this reason.

By making the IRS Lien secondary, the IRS will allow a professional lender to take a superior interest greater than any IRS claims on the property value. In response, the IRS will have the right to claim all proceeds that are in excess of the sales costs, and the sum due to Lien holders, up to the sum of tax debts owed. The process involved in the Subordination of the Lien is rigid: so long as the IRS is getting the funds from the closeout or the refinance of a possession, the institution will almost always allow a Subordination.

To take advantage of Lien Subordination the first thing you need to do is find a lender who will finance your loan. Once you have secured your financing, you should get employ the help of tax experts like Premier Tax Solutions. This team of professionals will supply the IRS with the necessary information about your property and pending loan. They will then be the one who will ensure that you get your Lien Subordination. The processing time of subordination would normally takes 30 to 60 days.

So let Premier Tax Solutions SETTLE your tax debt and remove your Tax Lien. With us, we can temporarily lift the lien to allow you to sell or refinance. Fill out the necessary forms and call us today. An experienced Tax Resolution Consultant will call you back for a FREE consultation. Call us at our toll free number 1.800.554.0146.

A tax lien is a claim on property to satisfy a tax debt, and a public notice is generally filed to protect the government’s interest in unpaid taxes that are owed. By federal law, the IRS is given an automatic lien on a taxpayer’s property, including real, personal, tangible, intangible, and after-acquired, when the taxpayer is notified of a tax debt and the debt is not paid within ten days.

A “Notice of Federal Tax Lien” is then filed to notify the public and the taxpayer’s creditors that the IRS has a claim against the taxpayer’s property. The tax lien becomes part of the public record when it is filed with the clerk of the county in which the taxpayer lives, operates a business, and/or owns real property. The IRS must then notify the taxpayer within five days of the tax lien filing of the right to a hearing. At the hearing, the taxpayer can contest the validity of the lien. If unsuccessful, the taxpayer may appeal the determination to the U.S. Tax Court or a federal district court.

A tax lien would be released once the underlying debt is satisfied or it becomes unenforceable due to the lapse of time. The tax lien may also be released once an offer in compromise is accepted and the offer amount satisfied. However, even after it is released, the tax lien may be reflected on the taxpayer’s credit report for up to ten years and negatively affect their credit and borrowing ability.

The IRS may withdraw the public notice of tax lien before full payment if: 1) the filing of the notice was premature or was not in accordance with administrative procedures; 2) the taxpayer entered into an installment agreement to pay the tax debt; 3) withdrawal of the notice would facilitate collection of the tax debt; or 4) withdrawal of the notice would be in the best interests of the government and the taxpayer.

Let Premier Tax Resolutions let us SETTLE your tax debt now and remove your Tax Lien, fill out the form and an experienced Tax Resolution Consultant will contact you for a FREE, confidential consultation or call us now toll free at 1.800.554.0146.

There is no obligation, so what are you waiting for, settle your tax debt today!