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"If any person liable to pay any tax neglects or refuses to pay the same after demand, the amount (including any interest, additional amount, addition to tax, or assessable penalty, together with any costs that may accrue in addition thereto) shall be a lien in favor of the United States upon all property and rights to property, whether real or personal, belong to such person." Sound scary? If you owe the IRS money, they will stop at nothing to get it including placing a tax lien on your property and assets. If you have received notice of demand like the one above, after ten days of non-payment a tax lien will automatically arise. It is always the best practice to hire a professional tax relief specialist at the first sign of trouble. The IRS uses tax liens to bully you into knowing they mean business. Essentially, a tax lien can freeze your assets including your paycheck and bank accounts. It also allows seizure of your car, home, or other tangible property. Though these types of notices are frightening at best, a Tax lien removal is possible with the help of an attorney who specializes in tax relief. Your tax attorney will open the line of communication between you and the IRS, making tax relief a reality. They are also familiar with the changes that occur to tax lien law, which can occur frequently. When your tax attorney initiates negotiations with the IRS, they will help you decide what tax relief program will be best for your situation. In most cases your tax attorney will discuss an installment plan with the IRS. These payment plans will be affordable monthly payments that will help you pay down your debt. Once the installment plan is set up, your tax attorney will lift your tax lien, stop garnishment of your wages, and stop penalties and fines from accruing on your debt. Once the financial stress of the tax lien has subsided, you can rest assured knowing you are off the IRS's naughty list. IRS harassment will come to an end and you can enjoy peace of mind knowing you will soon be tax debt free. If you have received notice of a possible tax lien, contact the professionals at Optima Tax Relief as soon as possible. Your best line of defense against the IRS is an expert tax specialist that knows the law. Because of the recent increase in individuals' inability to pay their taxes, the IRS has introduced new tax relief programs offered under the Fresh Start Initiative. The experts at Optima will help you apply and qualify for these relief programs and negotiate with the IRS on your behalf to release your tax lien and get you the tax relief you need now. Source: http://www.irs.gov/irm/part5/irm_05-017-002.html
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