IRS Seizures

Protect Yourself Against IRS Seizures

A federal tax lien arises when a tax return is filed and the tax owed is not paid after a demand for payment has been made. By law, the lien is in favor of the United States taking all property and rights to property of the person with the unpaid tax. Furthermore, it gives the IRS the authority to seize any proceeds from sales of real estate owned by a delinquent taxpayer. To protect the government’s right of priority against other parties who are owed money by the same person, the IRS will file a Notice of Federal Tax Lien, which puts other creditors on notice about the IRS’s claim.

After receiving a notice that a lien has been filed, it is crucial that you work with a tax professional to help minimize IRS actions and ensure that deadlines are met to initiate an appeals process. The professionals at Tax Help Advisors, LLC have many strategies that may prevent or delay the IRS from seizing personal and business assets.

Call us today at (704) 912-4002 to schedule your consultation.

The professionals at Tax Help Advisors, LLC have many strategies that may prevent or delay the IRS from seizing personal and business assets.