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Liens And Levies Requiring IMMEDIATE Assistance.

· Liens.

Liens can always be stopped or prevented if the taxes are paid or if there is concrete proof the problem is going to be resolved in a SHORT time frame.

Tax agencies have a great deal of lenience regarding liens because they are given the right to passively protect themselves (since liens only apply to disposition of assets).

Liens have to be removed within 30 days of the date the tax is paid so it is probably most cost efficient to go for a settlement NOW to get rid of the entire tax problem instead of trying to fight the lien now AND then trying to do a settlement later.

· Levies and garnishments.

A THREE STEP process is required to stop existing levies and wage garnishments. It is the same for every agency.

¨ Step 1. Taxpayers should always try to hit a home run early. Try to get a levy or garnishment stopped by simply telling the tax agency that an offer in compromise is either in process or on the way! Tax agencies will frequently stop levies IMMEDIATELY if it is known that a taxpayer is proactively trying to solve the problem.

¨ Step 2. Sometimes tax agencies want proof there is a hardship situation before they will stop a levy. Levies can be IMMEDIATELY stopped in many cases given proper documentation showing that a taxpayer is having trouble paying bills.

¨ Step 3. When steps one and two do not work a taxpayer MUST submit an offer in compromise and commit to GETTING IT WORKED OUT! MOST tax agencies are required to stop levies when offers reach a certain stage (different for various agencies) and ALL tax agencies are required to stop levies when an offer has been successfully negotiated.

The BEST AND MOST COST EFFICIENT way to get rid of liens and levies is to go for an offer in compromise ASAP. Call for a FREE CONSULTATION today to get rid of liens and levies.