How To Avoid Getting Into Tax Lien Trouble

 It Is Easier To Avoid Tax Trouble Than Getting Out Of It

Many people have bad credit problems, when the lenders see tax liens they understand that this person applying for a loan is holding a bad credit history with the Government agencies like the IRS or local county un paid bills.

If you where in the lenders place, would you do business with someone the records show they tend not to pay their debts to an extent that a tax lien needs to be files against them…

Getting the credit report cleaned and fixed is possible, with credit repair companies that charge high fees, or with a simple home credit repair software that cost a fraction of the expected fees.

But the best advice is (like with medicine) why struggle to fix something if you can avoid it. If this advice is too late for you, check these two options:

Both can help you fix bad credit reports even with tax liens placed on them.

Here are a few strategies and guidelines you can follow that will help you avoid tax liens trouble, it is better to avoid those burdening on your credit report.

Fast Responding To IRS Notices

The IRS will send an immediate notice to notify you that you are in a slippery down hill if the unpaid taxes are left undone. The letter you get may seem pleasant and not intimidating but still you should never dismiss them.

Ignoring these notices will will cause the IRS  (or any other agency) think that you are delaying your response deliberately because you probably are trying to hide assets and rename property on other family members to avoid the tax lien on YOUR real estate. So there fastest defense those agencies have is to place tax liens on all your assess as fast and as powerfully as they can.

If you do not plan to run… Don’t hide.

Have you received a notice? Answer it as fast as you can, opening a dialog is the best way to avoid tax liens files against you.

Show Them It’s A One Time Slip Not A System

The IRS cannot guess your intentions and understand the financial place you might have fallen into. Try to straighten out any unpaid tax and you are trying to be in compliance with the tax law. It is possible that Tax liens will not be placed on you for a single tax glitch… (though you may have to pay penalties). If you avoid answering the letters, or have more taxes or bills unpaid, the IRS will understand this is more systematic and will hurry to place tax lien quickly.

Remember that according to the tax laws those to file first are the first to get paid when the property is sold at foreclosure. So if the IRS sees that there are other agencies bills not getting paid, they will protect themselves from being to late and staying at the end of the line when your money will be divided out…

Choose Your Enemies

This old Chinese saying belongs to Sun Tzo the great Chinese Strategy Philosopher. It gets more real than you can even imagine when it comes to the IRS collector agents. Though the IRS seem a huge bureaucratic giant, in the end it will be those people who will determine whether to place a tax lien on you and your property. So choose your enemies.

Those IRS agents are used to being under treats, talked to with bad language and have plenty of dishonest promises made and ignored by tax payers. Eventually all these taxpayers find soon enough they chose the wrong enemies, and the IRS collectors will place a heavy penalty and tax lien on them.

If you treat them in a civilized manner (they are at work just like you are/were); if you speak reasonably and avoid hollow promises which you do not intend to keep; there is a good chance they will feel empathy for you and find other ways rather than tax lien to reach a solution which will be best for all sides.

Choose Your Enemies 2

This is not a name of a movies, but a simple truth concerning who do you owe money to. Unless you owe money to some criminal gang, which can offer you offers ‘you can not refuse’… It is best you even borrow money from what ever lending solution you can and pay the IRS some down payment or the next due payment.

Having a Government tax lien placed on your credit report or property is a financial blow no lending company or bank will over look. It is best to consult with a tax professional divisor to see what are the possibilities that are open for you. The IRS is willing to proceed and compromise with those they believe will not con them and play games to stall time.

Bring Your Best Canons To War

The tax laws are some of the most complex law in the Government law book. You can be sure the IRS have professionals tax lawyers handling your files and evaluating the best way to get the tax money you owe. Who are you going to bring to your corner of the ‘ring’?  If you bring a ‘big canon’ to the field the IRS would know they might be losing their professional advantage over you; and may be more willing to compromise a solution rather than using their rightful legal enforcement power, and place a tax liens on you.

If you show up alone (David and Goliath) then 99% of those brave taxpayers cases show that in their case – Goliath wins.

Avoid Tax Lien!

Getting your credit report fixed is a slow process that needs a lot of attention and following little details with many agencies. A tax lien stain on the credit report is harder (but possible) to be erased. Do your self a favor and try to avoid tax lien trouble on your credit report. If your credit report needs a deep repair you can succeed with the aid of a credit repair university program.

Credit repair university program is not free, it cost around $50, but every little dirty spot you manage to erase from your credit report is worth hundreds of dollars monthly at lower mortgage rates, lower credit rates mean annual savings of thousands of dollars.

So What Is Your Next Step?

Every week you are wasting money.. sending dozens of dollars to the rich credit companies, who relay on you to keep doing NOTHING.

If your score is below 700, you might want to do something about it – get this Credit Repair University’ which will save you money and time.

Yes, you might need to invest a small sum to get a grip of things.. But if you think education is expensive.. try ignorance..

You are probably paying thousands of dollars per year in fees and interests to credit companies which could be going straight to your pocket.

So do your math… and take action NOW.