Tax Liens & Levies

Tax Liens & Levies

Denver Tax Attorneys – Discharge Liens & Release Levies

Tax Liens

When your taxes are not paid the IRS establishes a lien against all of your assets. This gives the IRS the legal right to collect taxes from the sale of your assets, which includes just about everything you own.  The lien can be against you, your spouse, or your business.  A lien against your business can result in the seizure of your accounts receivable.  Liens filed against you by the IRS also show up on your credit report and often prevent you from opening a checking account or borrowing against assets, such as your home.

Tax Levies

Levies are used by the IRS to seize your wages and other assets. The IRS can seize money in your checking accounts, as well as automobiles, stocks, bonds, boats, paychecks, and even Social Security checks.  Through a wage levy (or garnishment), the IRS can intercept your paychecks before they even reach your bank account. The IRS can continue to do this until your debt is paid in full.

Contact a Denver, Colorado Tax Attorney

If you are seeking legal representation from a tax attorney, please contact our office today for a free consultation. You can reach us by calling 720.306.8025.