Naples Tax Lien Lawyer

Naples Tax Lien Attorney

If you have tax debt that you haven’t paid back, and you have ignored the attempts by the Internal Revenue Service (IRS) to contact you, the agency will take collection actions. A tax lien is one of these collection actions. Unlike other methods, a lien does not cause immediate financial strain and is often not taken seriously. However, it is crucial to quickly address one, as it can harm your credit and result in property seizure. A Naples tax lien lawyer can explore ways to end your lien.

When you work with TaxSmith, LLC, we can resolve a lien and the root problem of your tax debt. If you can’t financially pay back the debt, there may be other options to settle your debt and pause collections in the meantime. Our firm has decades of experience in tax lien cases at the state and federal levels, so we can address your tax lien before it further harms your life.

Tax agencies are willing to negotiate when you don’t have the financial means to pay your tax liability. The nearest Taxpayer Assistance Center Office to Naples is in Fort Myers. It can be found at 4210 Metro Parkway. Our firm can prepare you for a meeting or represent your interests.

What Is a Tax Lien, and How Does It Work?

When the IRS or the Florida Department of Revenue (DOR) is owed taxes, the agency will take action to recover those debts through actions like levies, liens, and wage garnishment. In Fiscal Year 2024, the IRS collected more than $3 billion with delinquent returns, and it sent nearly 197,000 notices of federal liens filed to taxpayers.

A tax lien is a claim a tax agency makes on your property, claiming it as collateral for the debt you owe. The tax lien may be on your home, your vehicle, or other real estate you own. This lien then prevents you from selling or refinancing that property. If you do not pay back or negotiate your tax debt, the agency can then implement a levy of the asset, seizing it. It can then be sold at a tax lien sale. Eventually, you will lose the property if you do nothing.

The IRS doesn’t start with a tax lien if you don’t pay your taxes. It only takes this and other collection actions if you ignore notices of nonpayment and requests for payment. If you receive these notices or are facing a lien, you can hire a tax lien lawyer to address these issues.

What Can a Tax Lien Do?

There are several negative consequences associated with a tax lien, even before you lose the property, including:

• Assets: The lien impacts your existing assets and property, along with any new assets that you buy or inherit. Tax agencies can also interfere with the process of buying and selling assets, including by taking the profits from asset sales.
• Employment: Having a tax lien may prevent you from being employed in certain industries, such as those with higher security clearances.
• Scams: The lien on your home is public information that can be seen by scammers. This means you will be targeted by many more scams, including those tailored to the fact that you are dealing with a lien.
• Credit: Creditors, banks, and lenders can also see the public information for liens. It can make it harder to get credit or access your equity in the property with liens on it. A lien can also affect your credit score.
• Business: Business owners may see liens on the property you own. They will also be on your business’s accounts receivable. This can harm profit and negatively impact your professional reputation.

The sooner that you hire a skilled attorney to address a tax lien and your existing tax liability, the more quickly you can end or prevent these consequences and protect your finances.

Why Choose Our Firm?

At TaxSmith, we offer personalized legal assistance to navigate the complexities of tax law. We provide direct access to an attorney, ensuring you are not just another case file. Our firm operates with a commitment to honest, transparent service and flexible scheduling to accommodate your needs. We believe in providing realistic solutions and will never make deceptive promises; our goal is to guide you on the right path to resolving your tax issues.

Our Naples 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
• Payroll Tax
• Offer in Compromise
• Tax Preparation

FAQs About Naples, FL Tax Lien Law

How Much Is a Tax Lien Attorney in Florida?

The cost of a tax lien attorney in Florida will vary, depending on the attorney and the type of support you need regarding a lien. When your case is complicated and requires litigation, it will be more costly than other cases, negotiating a lien. Tax attorneys in Florida generally charge flat fees or hourly, although you should always talk to a prospective attorney about their unique fees.

How Does a Tax Lien Sale Work in Florida?

A tax lien sale or tax deed sale is the process of selling a lien and the property attached to it. If you do nothing to address your debt, the lien can be sold at a tax deed sale. This process is how the IRS or DOR recovers a portion of what you owed in taxes. If you continue not to address your taxes, the owner of the tax lien can apply for a tax deed in two years.

What Are the Consequences of a Tax Lien?

There are numerous potential consequences of a tax lien, including:

• Preventing you from securing employment in specific fields
• Harming your credit score
• Making it harder to obtain credit
• Preventing you from selling or refinancing assets
• Having the IRS involved in any asset transaction you make
• Harming your self-employed income
• Impacting your business’s reputation
• Affecting your personal reputation
• Being at a higher risk of scams

Can You Fight Against a Tax Lien?

If you pay back the tax debt you owe in full, you can stop the consequences of a tax lien. If you don’t have the financial ability to pay back your debt, you could fight against a tax lien by negotiating with the tax agency about your debt. If you enter into a payment plan or offer in compromise, it may pause some types of collection actions. An attorney can review the options for debt settlement.

Work With a Skilled Attorney to Navigate Naples Tax Lien Laws

The IRS or Florida DOR can take several collection actions at once, causing significant financial hardship. If you are facing notices of nonpayment, you should not ignore them. Instead, you must take action to protect your financial future as soon as possible. Reach out to TaxSmith, LLC, today to learn how our firm can navigate tax debt and resolve tax liens.

Naples, FL Tax Lien Law Resources

• 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
• How to Remove a Tax Lien in Florida?