Tax Liens or Warrants
Many individuals facing tax liens or warrants may feel confused or lost in the complex tax code and legal system. Trying to resolve tax debt with the federal or state tax authorities can be an intimidating process, and 20/20 Tax Resolution is committed to helping our clients navigate the complex process easily and quickly. We've been working with federal and state governments to resolve tax debt for individuals and businesses for over a decade, and can help you reach a resolution that works for you, your family, or your business.
Tax liens and Tax warrants can be a confusing subject. Essentially, tax liens and warrants are a way for the IRS and other tax authorities to protect a financial judgment against an individual or business by putting a legal claim on property owned by that individual or business. This is known in most states as a tax lien, though some states refer to it as a tax warrant. Tax liens and warrants can be filed on present property such as a home, vehicle, or shares of stock, and on future property, including wages and accounts receivable.
A tax lien or warrant gives the IRS legal claim to a debtors property (present and/or future) as payment for tax debt. Tax liens may be imposed for delinquent taxes or as a result of failure to pay income taxes or other taxes. Where a levy is the actual collection of property (such as a bank levy), a tax lien or warrant is the legal action a federal or state government must take secure payment of taxes. This gives a creditor the legal right to collect funds or property from a debtor.
When you receive a tax lien or tax warrant, it's important to act fast. At 20/20 Tax Resolution, we've built our reputation on our expertise and commitment to our clients. We've spent 12 years dealing with federal and state tax agencies, and we have an in-depth understanding of how these agencies work. From the moment you retain 20/20 Tax Resolution we"ll work closely with the IRS and other state tax authorities, negotiating on your behalf and fighting to get you the best resolution allowed by law.
20/20 Tax Resolution has a gold star rating with the Better Business Bureau and a long list of satisfied clients to prove our excellent record. If you or your business is facing tax liens or warrants, please contact 20/20 Tax Resolution today.
