Miami Tax Lien Lawyer

Miami Tax Lien Attorney

When you owe taxes and penalties to the Internal Revenue Service (IRS) or Florida Department of Revenue (DOR), you will receive tax bills requesting payment. If you do nothing, these tax agencies may take other actions to recover the debt you owe, such as placing tax liens on your home or car. This can have numerous consequences, including the eventual loss of that property. A Miami tax lien lawyer can determine how to resolve a lien, according to state and federal tax lien laws.

Tax liens can be removed from your property by paying the debt in full, but this isn’t always financially possible. Fortunately, there are other options for addressing your tax debt, giving you more time to pay or lowering the overall amount. Even so, while a tax lien does not seem to have immediate financial consequences, it can impact your financial ability significantly, so it’s important to take action.

At TaxSmith, LLC, we have spent decades helping taxpayers address their tax debt and mitigate the consequences of collection actions, like liens. We can navigate your tax liability issues with the IRS or DOR. There is an IRS Taxpayer Assistance Center in Miami, found in Suite 311 at 51 S.W. First Avenue, and we can represent your interests there in discussions about your tax lien or negotiations of your tax debt.

Basics of a Tax Lien in Miami

A tax lien is a claim the IRS or Florida DOR places on your property if you owe taxes. The claim may be on your:

• Vehicle
• Home
• Other real estate
• Other property you own

It is a public notice to creditors that the government has a claim on the property as collateral. The tax agency can place multiple liens on all your assets if it chooses, depending on the severity of your debt. Eventually, if you do nothing, the property with the attached lien can be levied or seized to cover your tax debts.

The IRS or DOR can take numerous collection actions if:

• You owe taxes and penalties.
• The agency has sent you notices of nonpayment.
• You have taken no steps to pay the debt or negotiate it.

Collection actions include levies, liens, and garnishments.

The IRS assessed more than $17 billion in additional taxes and penalties for tax returns not filed on time. It also collected over $3.2 billion of assessments through delinquent returns. The agency sent almost 197,000 federal lien notices to taxpayers in the same year, along with nearly 314,000 notices to third parties for levies.

What Are the Effects of a Tax Lien?

If enough time passes, then the lien and the property it is attached to can be sold at a public tax deed sale. Another party can purchase the property, and this is how the government recovers part of the debt it is owed. After enough time, the owner of the tax deed can secure the property and force a sale, meaning you lose the property. In tax lien cases, it’s crucial to act quickly to prevent this.

Other than the loss of property, there are several other financial and personal consequences a tax lien can cause. These include:

• Tax liens can be attached to any existing property you own, along with any new property you acquire. It can prevent you from selling or refinancing those assets, or it may result in the government seizing the profits from any asset you do sell.
• Tax liens can limit the areas of employment you can enter into, such as jobs with security clearances.
• Creditors and banks can access the public information of liens, and this can limit your ability to get credit.
• The availability of lien information also increases how many scammers will try to contact you.
• If you own a business, liens can be placed on business assets and property, including accounts receivable. This can affect your profits and reputation.
• A lien can follow you and attach to assets, even when you have filed for bankruptcy.

You should not take a tax lien lightly. When you hire a tax lien lawyer, they can consider your options to address the lien and the debt the lien is for. You may be eligible for different methods of debt resolution or settlement, and the right attorney can protect your finances.

Why Choose Our Firm?

At TaxSmith, we believe in a client-first approach, treating every case with the personalized attention it deserves. Our promise is to provide honest, transparent answers and effective legal solutions to help you navigate complex tax issues. We leverage our extensive experience to represent you before the IRS and state taxing authorities, working tirelessly to relieve the stress and worry of your tax burdens.

Our Miami Tax Law Services

We are proud to serve our community with a comprehensive range of tax law services, including:

• Tax Debt Settlement
• Bank Levy
• Wage Garnishment
• IRS Tax Issues
• Offer in Compromise
• Payroll Tax
• Penalty Abatement
• State Tax

FAQs About Miami, FL Tax Lien Law

Do I Need a Lawyer to Fight a Lien?

It is incredibly beneficial to work with a lawyer to fight a tax lien. These claims are placed by the IRS or the Florida DOR, so they can have many financial consequences, such as harming your business, credit, and ability to buy and sell property.

A Miami tax lien attorney can review your options for debt settlement and resolve the issue more quickly. Your attorney can also review your unique circumstances and how tax laws apply.

How Much Does It Cost to Clear a Lien?

The cost to clear a lien will depend on many factors. One way to stop a lien is to pay back your debt in full, so the cost depends on the amount you owe in taxes, penalties, and interests. However, there may be other options for debt settlement, which can lower how much you pay. A tax attorney will charge fees, but working with one can save you money long term.

How Can You Get a Lien Removed Without Paying?

There are options for removing a lien on your property without paying your full tax liability, but they are easier to navigate when you hire a tax lien lawyer. Common ways to negotiate your tax debt include:

• Offers in compromise
• Payment plans
• Penalty abatement
• Innocent spouse relief
• Currently Not Collectible status

These can potentially end collection actions, like liens. Such methods allow you to lower your debt or give you more time to pay it back.

How Can You Look Up Tax Liens in Florida?

Tax liens are publicly available information, so they can be searched through the Florida DOR database or the Florida Department of State Division of Corporations for federal liens. The DOR list includes any individual or business taxpayers with debts or liens totaling $100,000 or more. The IRS also has an Automated Lien System database for business liens.

Protect Your Financial Interests in Miami

If you are dealing with a lien or have received notice that one is going to be placed, contact TaxSmith, LLC, and let our firm help you.

• IRS Bank Account Levy Definition & Examples
• How Long Does a Tax Lien Last in Florida?
• Federal Tax Lien Statute of Limitations – All You Need to Know