Do Not Let the IRS Put a Lien on Your House

Protect Your Property from IRS Liens with the IRS Fresh Start Program

Tax debt can cause a ripple effect in many areas of your life, including putting your home at risk. If you fail to pay your taxes, the IRS can file a lien on your property, which is a legal claim to ensure they get the money they’re owed. An IRS lien can negatively impact your credit, limit your ability to sell or refinance your property, and in extreme cases, result in the forced sale of your home. Fortunately, you can prevent this from happening with the IRS Fresh Start Program.

What is an IRS Tax Lien?

An IRS tax lien is a legal claim the government places on your property when you owe unpaid taxes. Once filed, it notifies creditors that the IRS has first rights to your property if the debt isn't paid. This can affect your ability to qualify for loans and even delay selling your property.

How Can the IRS Fresh Start Program Help?

The IRS Fresh Start Program was introduced to help taxpayers avoid or reduce the severity of a lien on their property. Here’s how it can help:

• Installment Agreements: This option allows you to break up your tax debt into affordable, monthly payments. The IRS will likely delay issuing a lien if you adhere to the agreed payment plan.
• Offer in Compromise (OIC): This option lets you settle your tax debt for less than the amount you owe. If you're approved, a lien will not be filed, or it may be removed entirely.
• Tax Lien Relief: The IRS Fresh Start Program has raised the threshold for issuing a lien, meaning you are less likely to face a lien if you owe less than $25,000.

Why You Should Act Fast

Once the IRS places a lien on your property, the clock is ticking. The longer you wait, the more complicated it can become to reverse or remove the lien. If you’re already struggling with tax debt, taking action now will save you from further stress and financial ruin. Many people qualify for the IRS Fresh Start Program but simply don’t know about it.