What Can I Do If There Is An IRS Lien Placed On My Business Property?

Written by Jamie Williams | Feb 9, 2022 10:28:15 PM

Dealing with tax liens can be worrisome, confusing, or just simple a hassle to resolve and, most importantly, can negatively impact on your business. Learning the basics about the impact they can have and the options available to resolve them is a great start to getting a head of lien issues.

How liens negatively impact your business?

Liens may negatively impact your reputation to new and existing vendors, clients, and customers which can affect your business operations, bottom-line, and revenue growth
Liens may prevent you from obtaining business loans with new lenders
Liens may prevent you from obtaining business equity loans with existing lenders
Liens may prevent you from selling business property
Liens may prevent you from your rights to accounts receivable
Liens may extend the statute of limitations for tax authorities collecting on outstanding tax debt

There are several options to resolve IRS liens available to you including (listed by type and IRS regulation section):

Lien Discharge 6325b
Lien Release 6325a
Lien Subordination 6325d(1)/d(2)
Lien Withdrawal 6323j
Non-Attachment of Federal Tax Lien 6325(e)

How we can help you?

Representing business taxpayers in resolving tax liens is our profession as Enrolled Agents. We are here to alleviate the burden and represent your best interests before the IRS and state tax agencies.

Call us to discuss the specifics regarding tax lien notice you received and we will present you the best preliminary plan of action based on the above resolution options available.

Click here to contact us.

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