Subordination or Discharge of a Lien
Subordination of Lien
If you are attempting to refinance your home so that you can use the proceeds to pay off your tax liability, you can request a subordination of the lien. This is when the IRS agrees to make the federal tax lien secondary to other liens, such as your mortgage lien.
Discharge of Lien
You can request that the IRS remove its lien from your property so that you can sell it and use the proceeds to pay off your taxes. The IRS will generally agree to do this even if the sales proceeds are not sufficient to pay your entire tax bill. If the proceeds fail to satisfy your full tax debt, you may be able to qualify for an Offer in Compromise.
If you are looking to get your tax lien released, please contact us. Through our compressive assessment process, our tax professionals will throughly review your situation and give a realistic plan on how to get your tax lien lifted.