Protect Your Assets from IRS Levies and Liens in Phoenix, AZ
Dealing with IRS levies and liens can feel overwhelming, leaving you unsure of where to turn. But you don’t have to handle it alone. At Phillips Law Group, we work with our sister firm, Dayes Law Firm, to specialize in helping individuals and businesses navigate complex tax challenges, such as protecting their assets and fixing issues related to IRS levies and liens. The skilled tax resolution attorneys we partner with will work tirelessly to support you and secure your future financial stability.
Why Choose Dayes Law Firm and Phillips Law Group for Help With Your Tax Levies or Liens?
- Experienced Tax Attorneys: Our Phoenix-based team consists of highly skilled tax attorneys who specialize in resolving IRS levies and liens. We understand the complexities of tax law and are committed to defending your financial interests and finding the best possible outcome for your situation.
- Individualized Solutions: Every tax situation is different. Our partners at Dayes Law Firm take the time to comprehend your unique circumstances and design a tailored strategy to address your specific levy or lien issue.
- Comprehensive Support: From your first consultation to the final resolution, the team at Dayes Law will manage every detail of your IRS levy or lien case. You’ll get dedicated support and strong advocacy at every stage of the process.
- Proven Record of Success: The dedication to excellence and client satisfaction that the Phillips Law Group and Dayes Law Firm teams share drives us to achieve success, and our record proves that we get results. We work hard to release levies, dismiss liens, and resolve your tax concerns.
What are IRS Levies and Liens?
- IRS Levy: An IRS levy allows the government to legally take your property – including wages, bank funds, or other assets – to settle tax debt.
- IRS Lien: An IRS lien is the government’s legal claim on your property – including real estate, personal property, financial assets, and more – to secure unpaid taxes. It can hurt your credit and block property sales or refinancing.
Our Levies and Liens Services
- First Consultation and Assessment: We start with a detailed review of your financial situation and tax liabilities to decide the best course of action for your personal circumstances.
- Levy Release: The attorneys we work with at Dayes Law Firm will negotiate with the IRS to release levies on your wages, bank accounts, and other assets, allowing you to regain control of your finances.
- Lien Removal: The Dayes Law Firm team we work with will help with resolving your tax debt to remove IRS liens from your property, which can help protect your credit and financial stability.
- Payment Agreements and Settlements: Dayes Law Firm tax attorneys can negotiate installment agreements, offers in compromise, and other settlement options with the IRS to settle your tax debt and avoid future levies and liens.
- Compliance and Monitoring: Our team and the Dayes Law Firm team are united in our commitment to help you stay compliant with the terms of any agreements made with the IRS. We will monitor your progress and offer ongoing support and advice.
Address Your IRS Liens and Levies With a Tax Lawyer in Phoenix
You can potentially get your tax levy or lien resolved when you speak with a tax lawyer from the team at our sister firm, Dayes Law Firm. Call us now to discuss the next steps.
Questions? Phillips Law Group and Dayes Law Firm Have the Answers
What is an IRS lien?
An IRS lien is the government’s legal hold on your property (real estate, personal, etc.) to secure unpaid taxes. It alerts creditors that the IRS has a claim to the taxpayer’s assets.
What is an IRS levy?
An IRS levy is the legal seizure of a taxpayer’s property to fulfill a tax debt. Levies may include taking wages through garnishment, the seizure of bank accounts, taking retirement savings, and seizing other property like vehicles or real estate.
How does the IRS decide to place a lien or levy on a taxpayer’s property?
The IRS generally issues liens and levies only after repeated attempts to collect debt from the taxpayer have gone unanswered. Those attempts may include letters, payment plans, or settlement offers.
How does an IRS lien impact me?
An IRS lien can negatively impact your credit rating and make it hard to acquire credit or loans. It can also make it difficult to sell or refinance property, as the lien has to be satisfied before the property can be transferred.
How does an IRS levy impact me?
An IRS levy allows the government to seize wages, bank funds, or property to collect unpaid taxes. This can potentially result in severe financial strain and an inability to meet your financial obligations.
Can I prevent or remove an IRS lien or levy in Phoenix?
There are many options available to prevent or remove an IRS lien or levy. These may include paying the tax debt in total, entering into a payment agreement, negotiating an offer in compromise, or asking for a release of the lien or levy due to financial hardship.
How can I find out if the IRS has placed a lien or levy on my property?
It is a requirement for the IRS to notify taxpayers in writing when a lien or levy is placed on their property. You will receive a Notice of Federal Tax Lien (NFTL) for liens and a Final Notice of Intent to Levy and Notice of Your Right to A Hearing for levies.
What should I do if I receive a Notice of Federal Tax Lien or Final Notice of Intent to Levy?
If you receive a Notice of Federal Tax Lien or Final Notice of Intent to Levy, it’s crucial to take action without delay. You have rights, and there are options available to you. You may be able to request a Collection Due Process hearing, negotiate a payment arrangement, or look into other options for resolution. Phillips Law Group and our partners at Dayes Law Firm may be able to help.
Can I appeal an IRS lien or levy?
Yes, taxpayers have the right to appeal an IRS lien or levy through a Collection Due Process (CDP) hearing. As part of the hearing, you may submit evidence and arguments to challenge the lien or levy or offer alternative resolution options.