Dealing with tax debt is stressful, and one of the most serious consequences of unpaid taxes is a lien on your property. If you’ve received a Notice of Federal Tax Lien (NFTL) from the IRS, it’s crucial to act quickly.
At TaxWorx, we specialize in tax resolution and can help you navigate the complexities of tax liens, protect your assets, and secure your financial future.
What Is a Tax Lien?
A tax lien is a legal claim placed on your property by the IRS or state tax authorities when you fail to pay your tax debt. It allows the government to secure the money it’s owed and can affect your home, bank accounts, business assets, and more. A lien applies not only to your current assets but also to any future property you acquire after the lien is filed.
Once a tax lien is filed:
- It becomes public record.
- The IRS has a legal claim to your property before other creditors.
- Selling or refinancing your home becomes difficult.
- It can escalate into a tax levy, leading to property seizure.
Ignoring a tax lien can have severe financial consequences, but there are ways to resolve it.
How TaxWorx Can Help
At TaxWorx, we help individuals and business owners resolve tax issues before they worsen. If you have a tax lien, we offer solutions such as:
- Lien Subordination – We negotiate with the IRS to allow other creditors to take priority over the lien, making it easier to refinance or sell your property.
- Lien Discharge – We help remove a tax lien from specific properties, allowing you to sell or transfer ownership without IRS interference.
- Offer in Compromise (OIC) – We negotiate with the IRS to reduce your total tax debt, potentially leading to the removal of the lien, especially if it’s causing undue economic hardship.
- Installment Agreements – Setting up a structured payment plan can sometimes lead to a lien release.
- Appeals & Negotiations – If the lien was filed in error or if you have special circumstances, we can challenge the lien on your behalf.
The key to resolving a tax lien is acting fast. The longer you wait, the harder it becomes to remove the lien or prevent further enforcement actions like a tax levy.
Take Action Today
If you or someone you know has received a tax lien notice, don’t wait until it’s too late. Contact TaxWorx today at (817) 241-4120 for a free consultation. We’ll review your case, explain your options, and create a personalized plan to help you regain control of your financial future.
