Stop IRS Tax Liens

When taxes are not paid on property or real estate tax liens are imposed. This type of lien is placed in order to secure the back taxes owed. A tax lien may be placed on property as a result of not paying real property taxes or because of delinquencies in paying personal income taxes or other taxes.

Tax liens are paid by the owner of the property. This means a new owner of real estate will owe the taxes on that property even if they were incurred by previous owners. It is important to determine if there are any owed taxes on property before making a purchase, however if this information comes up later it is important to realize the taxes must be paid. Professional Tax Care is experienced with dealing with this type of tax lien and can help you come to an agreement with the IRS to repay the tax in a timely manner.

As long as the tax is being paid then the property will be in good standing. However, if the taxes remain unpaid it is possible for the funds to be drafted directly from the owner’s bank account and in extreme circumstances the property may be sold. This is an extreme scenario, but it occurs every day. Professional Tax Care can guide you through a tax lien and help you work with the IRS to resolve the problem.