If you owe back taxes, tax agencies can issue liens and levies to collect what is owed them. If the IRS or state issues a lien on your property, they have first right on that property ahead of all other creditors. Before you can even sell that property, you must have the lien released. If you’ve received a Final Notice of Intent to Levy, the tax agency is telling you that they’re about to seize your property to settle your back taxes.
Many times, the best way to discourage litigation or avoid aggressive collection techniques like levies or liens when you owe back taxes is to protect your assets, therefore leaving nothing worth taking. We have developed excellent business strategies to protect unencumbered assets, real estate, accounts receivables, equipment, and so on, including the use of:
- out-of-state corporations
- family limited partnerships
- new principals
- capital infusion
- and more
If you have back taxes, and you want to protect your assets, call OMNI Financial today to take the critical first step towards IRS and State back tax asset help. There's no obligation and no cost to call and discuss your back taxes with one of our caring professionals. Your call is confidential. Call us today, nation-wide FOR FREE at 800-540-0433.