Two years ago, we finally found the home of our dreams and made an offer on it. Our offer was accepted and so we put our house up for sale in the market and luckily, we found a buyer.
Everything was moving along nicely and we were looking forward to the big move, but then we hit a snag. We discovered an IRS tax lien on the home we were in the process of selling.
My wife and I had the vaguest idea where this tax lien could have come from. Nothing had ever come in the mail from the IRS to notify us of a problem. In fact, we didn’t receive any statement that we owe back taxes. Apparently this problem had existed for a while, since we discovered it when we were selling the house in 2007, and the from the 2002 tax year.
I verified our 2002 tax filing online and it showed that we didn’t owe any back taxes. I couldn’t handle the situation and I felt that it was best to let somebody take care of the problems for us. Why reinvent the wheel? I realized that it would be wise to focus on our business and let the experts deal with the IRS.
What scared me the most was that filing a tax lien would mean the IRS had claim over our assets including the property we purchased after the tax lien was settled. From what I read online, this prohibited us from selling our assets or withdrawing equity from our assets as long as the IRS had an interest in those assets. The way I understood it, we would be continuing to work hard in our business with this tax lien hanging over our heads and the possibility of the government taking all we had worked for.
We discovered Preferred Tax Relief and started working with them. They were quick to address the issues and helped us calm down, which was a big deal for us. They were so fast in handling our tax lien case thus, we were able to sell our house right away and moved into our new home.
The tax experts at Preferred Tax Relief will assist you in Preferred Tax Relief ; they specialize in IRS tax liens problems including earnings garnishment and tax audits Our team are consist of Certified Public Accountants, tax preparers, former IRS lawyers and former IRS enrolled agents.
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