Business Tax Liens

If Your Utah Business Owes Taxes, the IRS May File a Federal Tax Lien Against You. Call Our Business Tax Attorneys Today, We Can Help You.

Business Tax Liens in Utah

When a business owes taxes, the IRS may file a federal tax lien to protect its claim against the business.  The IRS lien is a public document that is filed with the county recorder’s office to put other creditors on notice that the IRS has a lien on the business’s property.  If the IRS files a federal tax lien against your business, it may affect your company’s ability to obtain credit or retain the credit accounts that the business has such as flooring credit lines or operating lines of credit.

Resolving an IRS Tax Lien

  1. If a current lender is threatening to cut off a line of credit due to the IRS tax lien, we can help you file a lien subordination request.  A subordination request is where we ask the IRS to take a lien position behind the creditor that is supplying the necessary credit.
  2. Withdrawal.  If the existence of the IRS tax lien is going to cause your business to shut down or significantly reduce your business income, we can help you file a lien withdrawal request with the IRS.  A withdrawal of an IRS lien means that the lien is released in full and is removed from your credit.  If you have paid your taxes in full and your credit is still showing an IRS tax lien, we can help you apply to have that lien withdrawn under the IRS’s Fresh Start Program.
  3. Discharge.  If the lien is preventing the transfer or sale of your business property, we can help you file a lien discharge request.  A lien discharge is where the IRS agrees to release its lien on a specific piece of property.  An IRS lien discharge requires that the IRS either receive the equity that the IRS has in that piece of property or that the IRS has no equity in that piece of property.

We can help you determine which process is best for your business in dealing with a federal tax lien and work with the IRS to resolve your tax lien. Contact our attorneys for a consultation today.

Do You Need Business Tax Liens Legal Representation?

Our Business Tax Liens lawyers are highly experienced and knowledgeable of Business Taxes law in Utah and Federally. They have dealt with nearly every kind of tax situation imaginable, and they will be able to help you navigate the complex world of tax law as you try to deal with the IRS and other agencies.

best utah tax attorneys
We hired Michelle Turpin to assist us in setting up our new business. She was knowledgeable and efficient. I highly recommend Michelle Turpin!
Shanna Ewell
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Related Content

Our Local, State, and Federal Tax Lawyers

We are a full-service tax law firm with more than 30 years of experience helping individuals and businesses deal with all of their tax and bankruptcy issues. If you are dealing with the IRS or a State taxing authority, our tax attorneys can help you navigate the bureaucratic process, make sure that your rights as a taxpayer are protected and resolve your issues in the best manner possible.

We'll Help You Deal with the IRS

The IRS can be ruthless when it comes to dealing with those they believe have committed tax fraud or who owe them money. If you have come into conflict with the IRS, you’ll want our experienced Salt Lake tax law professionals on your side. Our tax attorneys will represent you and help your case reach the most favorable outcome.