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To get rid of an IRS lien, you must do one of two things withing 30 days. You must either pay your debt or have it adjusted or submit a bond that they can accept that will guarantee you pay the debt. Additionally, you must also pay any additional fines and for the lien release. If you do none of these things, they automatically remove the lien in 10 years unless they file it again.
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How can I avoid a federal tax lien?
The best way to avoid a federal tax lien is to pay your federal taxes on time. However if you are unable to pay, contact the IRS and they will negotiate a payment plan with you for a small fee.
Your sister owns one quarter of a home but has an IRS lien how do you get her name off the house?
Unfortunately, it is too late. The IRS has a lien on your sister's interest in the property. If she was to convey her interest to you, which would be the only way to get her name off the property, the lien would remain on her interest in the property. The only way to get the lien released is to pay the balance due. IRS liens last for ten years and they have thirty days to refile. You cannot sell or refinance the property until the lien is paid. You can read about federal tax liens at the link below.
What can you do f a Chapter 13 filed due to an IRS judgment has been satisfied and closed for over 3 years but the IRS lien still hasn't been removed?
The lien should have been lifted within thiry days of the tax default having been paid. It is important the situation be resolved as quickly as possible. The best way is consult an esperienced tax attorney. You might also contact the National Taxpayers Advocate for advice. This most likely is an oversight by the IRS that can be easily corrected. Call the IRS Lien Department at 1-800-913-6050 and they should be able to mail you a Release of Federal Tax Lien. You will then need to take this into your county clerk for recording.
What is the best way to purchase a motorcycle with a lien on it from a private seller?
Drop the price by the amount of the lien, then pay off the lien.
Is there a statute of limitation for a IRS lien issued against an individual more than 10 years ago?
IRS tax liens will expire on the earlier of: 1. The Collection Statute Expiration Date 2. Ten Years from the Date of Lien Filing. With that said, here's how the process actually works. There are two types of IRS Liens. One type must have a Release of Federal Tax Lien filed to eliminate it. The other type is "self-releasing", meaning it expires automatically if not renewed by the IRS after ten years. The problem is that the credit bureaus have no way of knowing if it was a self-releasing lien, so if they do not see a Release of Federal Tax Lien on file they do not know that it has actually been released (self-released). The other problem is that if it was NOT a self-releasing lien, the IRS typically is not "on the ball" with sending out a Release. They leave it to you to follow up on it. What you can do with either type of lien is call the IRS Lien Department. They will be able to verify that the lien should have been released (that the debt has expired), and once they verify that they will mail you a Release of Federal Tax Lien. You can then take this into your county clerk for recording, and send photocopies of it to the credit bureaus to ensure that it is properly reflected on your credit report. IRS Lien Department: 1-800-913-6050
What is the best way to deal with faulty electrical equipment?
The best way to deal with faulty electrical equipment is to have it repaired or replace it.
How many points does a paid tax lien decrease your credit score?
It varies depending on what else is on your credit. For personal experience I can tell say that my credit went down over 200 points for a tax lien. Did not go up at all after it was paid, but definitely bounced back to the 200 points that were lost once I was able to have it removed. It is true that credit bureaus tell you that there is no way to remove a tax lien once is paid. But the truth is that you do have a shot at it. Check out this link, is IRS form 12277 "Application for Withdrawal of Filed Form 668Y, Notice of Federal Tax Lien": http://www.irs.gov/pub/irs-pdf/f12277.pdf Once you fill out the form, mail it to your local IRS Collections Advisory Group. Go to publication 4235: http://www.irs.gov/pub/irs-pdf/p4235.pdf and find out the correct address for your local IRS Collections Advisory Group. The IRS NOT the credit bureaus will remove it from your credit! I know there is many answers on the web that say that this is impossible to remove a tax lien, but the IRS does have the answer to your problem. They did for mine and it worked!
HOW CAN I REPOSE A TRUCK I AM LIEN HOLDER?
Best way to do it is let the professionals take care of that part. Contact them, show them the title and the lien to the vehicle, and let them do their thing.
If your company is an LLC can IRS put a tax lien on your personal property?
Yes. If your company is a LLC, the IRS can put a tax lien on your personal property. The IRS can do a lot of stuff. Whether or not it is legal is a different question. That is why CPAs and Tax Lawyers licensed to practice before the IRS and in Tax Courts are rich. If the United States would go over to a simplified tax code instead of one that took up 35 feet of linear shelf feet a lot of CPAs and Tax Lawyers would have to find an honest way to make a living.
What is the best way to deal with a controlling person?
The best way to deal with a controlling person is to voice your opinion. If they don't stop it, then you will need to leave them alone.
How can you get a lien removed from your property due to child support?
Pay them.Child support and the IRS are what we call forever debts,not a court in this land would dismiss either one.Bankruptcy court can not touch them,you can list but trust me when you sell these people will get there monies....
How do you deal with phobia?
the best way is to face your phobia unless it is to strong to deal with. the best thing is to ask a doctor.
