Monday, August 27, 2007

Repayment of Property Tax Related Tax Liens

IRS Lien Problems

A tax lien is a big problem for any taxpayer. A tax lien is defined as a federal government ordered liquidation of a person's property until federal taxes and debts are paid in full. Property assets are immediately liquidated so that a sly taxpayer cannot attempt to sell off property before the debt is paid. This IRS lien problem can create considerable difficulty for the targeted taxpayer and he or she may be in need of experienced assistance.

Solving Your IRS Lien Problem

The first solution of course would be to pay off the tax debt. Additionally the debtor with the tax lien problem can setup a repayment agreement with the IRS such that installments of the total debt are paid monthly until the full amount is paid off. This type of agreement may include penalty fees. At this point a tax attorney would serve the debtor extremely well. The tax attorney would help establish the clearest and fairest system and conditions for repayment.

Every state has different laws, regulations and statutes that define the terms for tax lien certificates, and these are changing regularly. This is yet another reason why it would be a good idea to seek guidance from a tax attorney, who would be completely up to date on all of the laws and proper measures for your state.

Finding the Right Tax Attorney to Assist with IRS Lien Problem

If you are experiencing a problem as significant as an IRS lien you want to make sure that your guidance is offered by only the most experienced and informed tax expert. The attorneys at Mandale Law Firm are tax specialists who offer the most personalized approach possible for their clients. They are excellent resources for anyone with a tax lien problem. For more information visit www.mandalelaw.com.

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