Unresolved tax liabilities can trigger serious IRS collection action, like federal tax liens or federal tax levies. An IRS tax lien is a government claim on your property or assets (like real estate, or financial accounts). An IRS levy involves seizure of assets (like a bank account, paycheck, or other funds). The IRS must follow a specific notice process before taking such serious collection action. But if its process is ignored, the IRS can act quickly to impose liens or levies. An experienced tax collection defense attorney can help the taxpayer repay tax debts, while avoiding (or discharging or releasing) IRS liens and IRS levies.
Common Collection Alternatives & Defenses
Some common collection options that an experienced IRS collection alternatives lawyer can help with are:
- Installment Agreements
- Offers in Compromise
- Currently Not Collectible status
- Innocent Spouse Relief
- Penalty Abatement Request
- Lien/Levy Relief
IRS Collection Alternatives Process & Strategy
- Consider engaging an experienced IRS collections defense attorney as soon as possible.
- Don’t ignore IRS correspondence, be proactive, meet deadlines or obtain extensions.
- Carefully evaluate facts and stage of collection process to assess risk and develop a resolution strategy.
- Prepare supporting documentation and respond to IRS requests.
- Request a collection due process hearing, lien or levy forbearance, release, or discharge.
- Stay engaged with the IRS collections agent while pursuing the appropriate alternative or defense.
Contact an experienced IRS collections alternatives attorney
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