Tax Relief Blog


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Category:
IRS Tax Lien

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Avoid an IRS Tax Lien

When you request your Guaranteed or Streamlined Installment Agreement from the IRS, also ask if the Service will defer the filing of a Notice of Federal Tax Lien (NFTL).

The Internal Revenue Manual states the following in section 5.12.2.3.1:

"An NFTL [Notice of Federal Tax Lien] filing determination is not required on Guaranteed/Streamlined Installment Agreements or In-Business Trust Fund Express Agreements."
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Categories: IRS Tax Lien

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Did you know?

According to Internal Revenue Manual section 5.12.2.4, "A decision may be made to defer the filing of an NFTL when the revenue officer can substantiate with reasonable certainty and supported with documentation from the taxpayer, that filing the NFTL will hamper collection."
Categories: IRS Tax Lien

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When you're requesting the removal of IRS penalties, there are a few things that you should do beforehand.  The first priority when resolving and reducing your IRS tax debt is gaining compliance.  It's a good idea to be in tax compliance before you request the removal of penalties.  The IRS likes to see that the problem that caused you to fall out of tax compliance and accrue the penalty has been fixed.  It is difficult to sell the IRS a reasonable cause abatement request when you are still n...
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I don't carry cash anymore.  I use my credit card or debit card, and sometimes it gets me into trouble.  I'm not alone in this.  A lot of my clients over the years have been in credit card debt along with the IRS and state back taxes.  It's something we commonly see at Fresh Start Tax Relief. 

Credit card debt is unsecured debt.  IRS and state back tax debts are secured debts.  Once a tax lien is filed and made public, the IRS or state has a lien position and right to assets.  Read more abo...
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If you owe back taxes to the IRS and you've received a notice from the Service, your case may be in IRS collection status.  Once the IRS starts issuing notices to collect a past due tax debt, the machine is moving forward and the collection process has begun. 

We understand that is never fun to receive a letter from the IRS let alone open it and try to figure what in the world it means.  When you owe taxes personally to the IRS, the Service will not give you any courtesy calls to set up arr...
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