I do not have the money to hire a lawyer to help me, or the money to pay the taxes. My business can not get credit to operate, and I am losing money. I need the tax lien released before I go under.
I have talked to the IRS, put they only send me publications I do not understand.
2007-07-28 14:31:57 · 4 answers · asked by Enoch J 2 in Business & Finance ➔ Taxes ➔ United States
If you can not afford to pay the total tax due, call the IRS and ask them to send a Form 9565 Installment Plan Agreement, or down load the form at www.irs.gov. or call the IRS and set up the installment agreement. Once you have make three payments on time, then you can send in a written request to release the lien, if this is your first time to have tax problems, they will normally release the lien.
I wish you the best.
2007-07-28 16:59:54 · answer #1 · answered by oldcorps1947 6 · 0⤊ 0⤋
I work at a Title Co. closing real estate transactions and many times when we are trying to close a deal and tax liens show up under the buyer or seller. I have never heard of anyone being able to get it released unless you pay for it. You don't have to pay it all at once, I think you can make payment arrangements with them, but you have to pay it. I've heard that even when someone files bankruptcy and they owes taxes, they still have to pay the taxes, no matter what. Maybe you're going to have to borrow money to pay these taxes.
2007-07-28 21:37:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There may be an accountant in town that would like to get your business. Look for one who says they used to work for the IRS. See if they will give you the first appointment for free and then ask the question! They can talk the IRS language and know how to work through the tape-red, green whatever. Good Luck
2007-07-28 21:43:30 · answer #3 · answered by helprhome 5 · 0⤊ 0⤋
The IRS has put a lien on your assets because you owe money and haven't paid it. To get it released, you'd have to pay the debt.
2007-07-28 22:39:28 · answer #4 · answered by Judy 7 · 2⤊ 1⤋