Levies are seizures of wages, bank account funds and brokerage account funds. Usually the IRS has exhausted their collection efforts by the time they get to the point of serving a levy notice to an employer or bank.

Liens are filings the IRS makes with the county recorder, usually in the county in which you reside. This filing constitutes a right the IRS has to the proceeds of any assets being sold by the individual named in the lien. Liens can prevent the individual from selling recorded property such as homes and autos.

Both liens and levies find their way to peoples' credit reports, so it is important to clear them up as soon as possible.

Most people see liens coming. They either don't know how to deal with it or just can't seem to deal with it until it's too late! Others never see it coming. If you have moved since the year or years which gave rise to the tax liability or liabilities, you may be totally unaware there is a lien on the way until you apply for credit, which will most likely be denied due to an outstanding lien showing up on your credit report.

How can the IRS decide you owe money when you never filed a tax return? The IRS may have prepared substitutes for the returns you never filed. All the IRS has to do is give proper notice to your last known address that the liabilities calculated as part of the substitute(s) for return(s) will be assessed against you unless you petition tax court within ninety days. By law, the amount(s) shown on the substitute(s) for return(s) will be assessed against you if you haven't petitioned tax court within the ninety days.

Many people come to us and say they never received anything in the mail and can't understand why they owe. If the IRS sent notices to your last known address they are within the law. You must file a change of address form with the IRS when you move even if you don't file returns. Otherwise, you may end up owing money for a year in which you never filed a tax return!

We can protect your rights and help get you back on the right track, just CONTACT US now!