After you receive a tax lien notice, you have a few options to help protect you and your assets.
First, ensure the NFTL has the correct information and that the unpaid back taxes are not something you already paid. Mistakes are rare, but they can happen.
Confirm that the amount is unpaid and truly yours. If it is, can you afford to pay it immediately to remove the tax lien? If not, there are a few steps you can take to get more answers and get your tax lien removed:
- Consider a payment plan with the IRS
- Ask if you qualify for an offer in compromise
- File a collections due process hearing
Still unsure about your options?
Consult our team at Total Tax for additional help. We know this process in and out and can help you determine the next best step to approach your tax lien.
On February 9, 2022, the IRS announced it would suspend automated notices and letters – including intent to levy notices – while it worked through a backlog of unprocessed returns.
As of the date of this article, there has been no formal announcement of when the notices will resume, but the agency does warn taxpayers to resolve unpaid taxes quickly because interest and penalties will continue to grow.