Overview
Tax Lien can affect cash flow, credit, property, employment, and business operations. The right response usually begins with confirming the tax years, balances, deadlines, and whether required notices were properly issued.
Why this problem matters
- - Public filing
- - Credit and financing issues
- - Complications selling or refinancing property
Possible resolution options
- - Payoff and release
- - Withdrawal request
- - Subordination
- - Discharge for specific property
Documents to gather
Helpful records may include IRS or state notices, tax returns, account transcripts, proof of income, business bank statements, payroll records, and a current list of monthly expenses.