Tax Liens
Eaker Peréz Law’s tax lien attorneys work with clients on tax lien matters at both the federal level with IRS and state level with California and Texas tax agencies. We have experience working with clients to prevent tax liens before they occur and discharging tax liens after they have been imposed through different methods.
Tax liens can have a great impact on your finances, property, and personal life. When the government puts a lien on your property it can be overwhelming to deal with alone. Acting quickly is essential to the process as deadlines for fighting against tax liens are often very short. Our lawyers can help with complex ftb issues and provide franchise tax board of San Diego assistance.
What is a Federal & State Tax Liens?
A tax lien is a legal claim by the government on a taxpayer’s property, current or future, for non-payment or underpayment of taxes. In other words, a government can not only take control of your current property but also other property you will own in the future.
Although it does not mean your property is being seized, the IRS may place a tax lien on your property whenever the taxpayer has an outstanding tax bill with the government. This can impact your ability to own property in the future or capitalize on property you own currently.
Federal Tax Liens
An IRS tax lien is a document filed with the county recorder’s office of either you, the property, or both. A tax lien may also be filed with the Secretary of State. A tax lien provides notice of the tax debt to the general public know of an unpaid tax debt to the federal government.
We most often work with clients who have received a notice that the IRS will place a lien on property after tax controversies have been unpaid. If you have received a notice from the IRS about a tax lien, taking action immediately can help prevent a lien from being placed on your property.
Our experienced tax lien attorneys work with clients to negotiate other payment methods or strategies to avoid or get rid of federal tax liens.
Tax Liens in California
In California, there are multiple state agencies that can put a tax lien on your property, including the State Board of Equalization or BOE, the Employment Development Department or EDD, and the Franchise Tax Board or FTB may file a tax lien against an individual or a business. We work with clients from our San Diego office to address California tax lien matters.
Tax Lien in Texas and The Texas Franchise Tax Board
In Texas, tax liens are most commonly used in sales tax matters and employment taxes such as unemployment taxes. We work with clients on tax lien matters in Texas and Eaker Peréz attorneys are licensed in Texas to assist clients dealing with issues in Texas.
Tax Lien Attorneys Fighting to Protect Client Prosperity
Working with an Attorney during the Tax Lien Process
The IRS and state agencies must contact you before placing a tax lien on your property after taxes have gone unpaid and there is an outstanding debt. While the timelines are often extremely short once you have received that notice, you can take action to prevent a tax lien from being placed on your property.
The government will typically assess the property and the payments on it before sending a notice of a lien. Once the owner does not make a payment on tax debts, the IRS will send a Notice of Federal Tax Lien. Once the IRS files a Notice of Federal Tax Lien, the IRS completed a necessary step in the process that would allow the government to seize your property, along with your future assets.
It is important to contact an experienced tax lien attorney as soon as you know you owe a tax debt or that the IRS or state agency is assessing your property. At Eaker Peréz Law, we work with clients to immediately take action on threats of tax liens.
California Tax Lien Process and the Franchise Tax Board California
In California, the State Board of Equalization (BOE), Employment Development Department (EDD), and the Franchise Tax Board (FTB) may file a tax lien against an individual or a business. A California tax agency has the ability to file multiple tax liens against both you and your business by filing a state tax lien at the local county recorder’s office, the California Secretary of State, and the county recorder’s office where the property is located and may be recorded and filed by the BOE, EDD, and the FTB.
We work with clients who have received notices of unpaid or underpaid tax debts to prevent tax liens from being placed on California property they own. It is important to take action immediately if you have been notified of an unpaid tax debt to prevent a tax lien from occurring.
How Tax Liens Affect Your Prosperity
A tax lien will impact your ability to buy and sell property, file bankruptcy, get a credit card, and lease property. The tax agencies generally do not file an updated or corrected tax lien to reflect payments or a decreased tax balance. Tax agencies will generally only release a tax lien once the tax liability for all tax periods have been fully satisfied and resolved. Procedural mechanisms to resolve tax liens are complex and only available in limited circumstances.
We use a variety of legal strategies to avoid and get rid of tax liens on behalf of our clients. Our tax lien attorneys at Eaker Peréz fight to protect our clients prosperity in tax lien matters.
Options are available but delay will limit the options available. Do not ignore a notice of a tax debt. Seek advice from trusted attorney experienced in resolving tax liens.
At Eaker Pérez Law, we are ready to help you and your business with your tax concerns. Put our tax litigation experience to work for you.