Tax Liens: New York Tax Attorney

What is a tax lien?

Put simply, a lien is a legal claim or right to keep possession of property to retain collateral against money or services that one owes to another person or entity. A lien may be placed on the taxpayer's property when he or she fails to pay income tax, other taxes, or owes a delinquent tax on property. If not a tax lien, a tax agency may impose a bank levy or a wage garnishment in order to seize the owed payment.

A tax lien carries serious consequences, one of which is drastically affecting your credit score. In the future, a tax lien will cripple your chances of selling or refinancing your property, managing your assets and obtaining credit. With the help from a Long Island tax lawyer, you may be able to work out a viable installment agreement, offer in compromise, tax settlement or payment plan. Whether a tax lien has already been declared or you have interest in preventing the circumstance, speaking with a qualified tax attorney may prove to be an everlasting solution to your debt.

In some cases, tax agencies make mistakes and they conclude judgment based off of erroneous information. In fact, many errors take place in tax agencies due to the high level of taxpayers and complexities, and mistakes will not be remedied unless the taxpayer decides to undertake the situation proactively.

Tax Liens Attorney in Long Island, NY

Not only will your financial standing take a hit from tax liens, your future is at risk. At Blutter & Blutter, the mission is to provide the client with lien relief and to prevent such a circumstance from resurfacing. When faced with a damaging tax issue, the firm is compassionate to your needs while bringing a forceful representation to the court. The attorneys at the firm have helped countless clients with diverse tax issues reach the most beneficial conclusions for their situations.

Facing tax liens can threaten your future. Contact a Long Island tax lawyer at once to receive legal aid.