San Diego Tax Lien Lawyer
Understanding Tax Liens and How They Impact You
Having the IRS knocking at your door and declaring that your property belongs to the government isn’t the ideal situation for anyone. At Milikowsky Tax Law we have represented many tax lien cases and helped our clients keep their property and assets. If you have been issued a tax lien, do not hesitate to call for help. Our San Diego tax lien attorney explains what you need to know if the IRS has notified you.
What is the tax lien process?
A tax lien is the government’s legal claim to your property if you do not pay your tax debt. Your personal property, real estate, and financial assets are all subject to government claim. A tax lien begins when the IRS assesses your liability and sends a Notice and Demand for Payment. If you do not pay the full amount of debt by the date it is due, the IRS will file a Notice of Federal Tax Lien to notify creditors that the government has the legal right to your property and assets.
Can you get rid of a lien?
The best way to remove a lien is to pay your debt in full. Within 30 days of paying the debt, the IRS will release your lien. As an experienced tax law firm, we know that not everyone is in a position to be able to pay off their debt in full. If you contact our San Diego tax lien lawyer, we can explain to you your various options for reducing the severity of your lien.
You can reduce the impact of a tax lien through:
- A discharge of property: This removes the lien from a specific property.
- Withdrawal: This removes the public Notice of Federal Tax Lien.
- Subordination: This allows creditors to move ahead of the IRS.
By working with a dedicated and knowledgeable tax and IRS law firm, you can learn more about the options available to you during this difficult and stressful time. Contact Milikowsky Tax Law today and our team can help you navigate the complexities of your legal situation.
Over a Decade of Experience Resolving Tax Matters
When you need legal counsel, do not hesitate to contact our firm. Milikowsky Tax Law was voted one of San Diego’s best tax attorneys and is considered among the top San Diego law firms by the San Diego Business Journal. When you need a tax lawyer, you should never settle for second-best. Our firm is ready to provide you the advocacy you need!
Call our San Diego tax lien attorney today at (858) 450-1040 and request a confidential consultation.