| an likely you have receive a notice of Federal tax lien | | | | option as these organizations are very skilled in |
| and are wondering what to do next. The first thing you | | | | working with the IRS. Most of them have employees |
| should do is review the notice and verify the | | | | that have worked inside the IRS and understand the |
| information received in the notice. At this point don't call | | | | best way to proceed in protecting your real estate |
| the IRS until you have your information together and | | | | and personal property. The good news is that your lien |
| understand what taxes the IRS says that you owe. | | | | will be removed once the debt is paid in full. |
| If you are in disagreement with the amount owed or | | | | The key is to act quickly. Many people get a notice of |
| the taxes that are in question you should absolutely call | | | | a Federal tax lien and put their head in the sand. This is |
| the IRS and get further clarification. Make it known at | | | | the worst thing you can do. Make it known that you |
| this point that you are interested in working with them | | | | want to resolve this matter and tell them that you are |
| to resolve this matter amicably. | | | | intent on paying the debt back. If you are not confident |
| If you do in fact owe the back taxes you might be | | | | that you can resolve on your own, hire a professional. |
| well served to find a reputable IRS tax lawyer. Prior to | | | | You won't be sorry. |
| contacting them, make sure you have the notice of | | | | If you act quick enough you can avoid a bad mark on |
| federal tax lien in front of you and any tax records | | | | your credit history. A Federal tax lien is one of the |
| that are relevant to your case. Many of these firms | | | | worst things to have on your credit. Creditors will often |
| specialize in negotiating with the IRS on your behalf for | | | | look at this and either not extend credit or they will |
| pennies on the dollar. They can also assist you in | | | | give you the absolute highest rate possible. |
| arranging a payment agreement. This option is a great | | | | |