December 3, 2009

Tricks Techniques Tax Professionals are Holding Back Respecting Withdrawal of IRS Tax Liens

What do well known people like Nicolas Cage, Val Kilmer, Randy Quaid, Arnold Schwarzenegger, Zsa Zsa Gabor, Dustin Diamond; rappers and hip hop performers Diddy, Flavor Flav, DMX, and M.C. Hammer; reality star and bounty hunter ‘Dog’ Chapman; pugilists Julio Caesar Chavez and Floyd Mayweather; ACORN, American Legion, adult film maker Joe Francis, Olympic gold medal winner Michael Phelps, and Anna Nicole Smith all have in common? Answer: they’ve all made the papers lately by being hit with the credit damaging Internal Revenue Service tax lien.

I just completed checking out the web to discover all these celebrated individuals, and in between the blog posts telling about their Federal tax tribulations I found a bunch of CPAs and tax attorneys posting to their websites info telling everyone that if the Internal Revenue Service files a lien against you we should all be fearful; very frightened. Well, they didn’t say it like that precisely, mostly they played on the anxiety most individuals have about hassling with with the Internal Revenue Service. They also played off the ruinous consequence that a Federal tax lien can have on your ability to borrow. Most importantly these CPAs and tax lawyers are telling us all that if we have an Internal Revenue Service  tax lien we most unquestionably should pursue specialist guidance; first from them.

Over the last ten to fifteen years or so, I’ve been reviewing the concern of IRS tax lien elimination and have uncovered some information that should cause you a incentive to calm down and put these anxieties away.

First of all, I want to remind you that the Scriptures tell us that perfect love casts out fear. See 1 John 4:18. If you feel afraid, based on this Scripture, it is time to put your attention to the perfecting of your love. Also, the  Certified Public Accountants  and tax lawyers who take advantage of your fear to get your business need to study Isaiah 8:12; the Scriptures tell us there that we are not to make others in fear or in dread.

Secondly, I wanted to make you conscious that Congress has put some tremendous tools at our disposal for getting Internal Revenue Service tax liens released or withdrawn, without having to pay the feds money that I did not see a single accountant  or tax lawyer discuss in all of the blog posts I reviewed.

I was looking atTitle 26 statutes one day and came across 26 USC § 6323(j). This is the very last of numerous subsections and seems to be buried at the bottom on purpose. (j)(1) of that section starts out, “The Secretary may withdraw a notice of a lien filed under this section…” Ah ha! This is getting my interest and it should yours as well. Subsection (j)(1)(A) continues by explaining when the notice of lien can be withdrawn, when the filing of such notice was not in accordance with administrative procedures of the Secretary.

With respect to your credit, section (j)(2) provides that if you ask them too, the Secretary shall without delay make reasonable efforts to notify credit reporting agencies, financial institutions or creditors whose name and address you specify of the withdrawal of such notice.

So, what you need to know is how the IRS failed to follow their administrative procedures and I spell that out for you in my IRS lien removal video and in my Federal tax lien removal website. I learned about these defects in their procedures by reading Treasury Inspector General Audit Reports. Secondly, you need to know how to apply some leverage to force the IRS to act on the statute on your behalf. I have some good news for you on that as well.

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