Arizona

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By Michael S. Anderson of Anderson Tax Law logo for Arizona tax attorney Michael S. Anderson P.C.
  • Avoiding IRS Seizure of Retirement Account After Bankruptcy

    There are dozens of issues that have to be recognized, discussed, and planned for… before a bankruptcy is filed.  For people with IRS debt and an IRS lien, the issue of avoiding IRS seizure of a retirement account after bankruptcy is a big one. First, some background: When you owe the IRS money, it will record…

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  • The Offer in Compromise isn’t over when it’s over

    The IRS Offer in Compromise isn’t over when you get the letter approving settlement with the IRS.  Don’t get me wrong, the Offer in Compromise (OIC) can be a great solution for some people with IRS debt. But unlike a chapter 7 or chapter 13 bankruptcy case, an offer in compromise isn’t over when you…

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  • An IRS Lien release won’t remove the Tax Lien from your Credit Report…you must ask the IRS to Withdraw it

    IRS Lien? The IRS issues Notices of Federal Tax Lien (NFTL) with great regularity.  It’s own rules allow it to issue the NFTL if you owe more than $10,000.00.  There are a tremendous number of Americans who owe the IRS more than $10,000.00 and there are lots of NFTLs as a result. I write and…

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  • IRS Tax Lien? – Short answers to the most common questions

    When you settle a tax debt, pay it off or discharge it in Bankruptcy, when does the IRS Release the underlying tax lien? If the debt has been settled, paid, or discharged, Internal Revenue Code 6325 tells the IRS to release the lien within 30 days. If it doesn’t you can contact the IRS Lien Desk…

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  • IRS Lien Withdrawal – The $25,000.00 Rule

    IRS Lien Withdrawal – Get to $25,000.00 and it can happen The IRS Tax Lien hurts your credit.  It really does, and everyone is afraid of it as a result.  There are a few ways to get rid of it though or even avoid it in the first place for that matter.  Read more here…

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  • IRS Lien – 6 ways to deal with it

    The IRS Likes to Record Liens The IRS enjoys recording a Notice with the County Recorder that a Tax Lien exists. This is how it protects its ability to get paid as to any assets that exist. It likes to do it so much that it will file a Notice of Federal Tax Lien with…

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