IRS Tax Lien Attorneys Maryland, Virginia, Washington DC
The Internal Revenue Service (IRS) and state taxing agencies, like the Comptroller of Maryland, will file tax liens against taxpayers who owe money to the government. The the IRS (or state) tax lien is generally filed in the local court where the taxpayer lives or owns property. The tax lien will attach to all property owned by the taxpayer in the jurisdiction where the tax lien was filed, and the tax lien will show up on the taxpayer’s credit report.
While the tax lien may not generally affect the taxpayer immediately, the tax lien will have a significant effect when the taxpayer attempts to obtain financing or seeks to sell the property located in the jurisdiction where the tax lien has been filed. Tax liens will also affect a taxpayer upon an applications for certain jobs in the financial industry or if the taxpayer seeks to apply for a security clearance. A tax lien can also affect a taxpayer seeking to purchase a home or vehicle because the lender will be concerned about the security interest.
However, tax liens can be removed from a taxpayer’s account in certain circumstances. In addition, when the taxpayer wants to sell their property located in the jurisdiction of the tax lien or purchase new property, the taxpayer will need to coordinate with the IRS or state taxing agency, like the Comptroller of Maryland, in order to resolve the tax lien. Resolution of a tax lien includes having it subordinated, withdrawn, or discharged.
The tax law attorneys at Longman & Van Grack regularly work with taxpayers to help them resolve their tax issues. Our attorneys can work with the taxpayer and the IRS (or state agency) to file the necessary request to have tax liens discharged, subordinated, or withdrawn. In addition, our tax attorneys will work with the taxpayers and the IRS in order to resolve the entire outstanding tax liability through an installment agreement or offer in compromise program.