Results 1 to 5 of 5

Thread: Tax Lien - Need advice!

   
   
  1. 09-01-2010, 08:57 PM #1
    glamchick17
    glamchick17 is offline White Belt
    Join Date
    Sep 2010
    Posts
    1

    Default Tax Lien - Need advice!

    I have a state tax lien that has posted the wrong amount on my credit reports. Here are my questions.


    1. Should I dispute the amout or will the date start all over again? The amount is showing 800.00 more than what I owe.


    2. The Lien is mostly fees because i lost my W-2's and they are so old that they can't even reprint them for me. Should I talk to an accountant to try and get the correct amount lowered or will the accountant charge me to much?


    3. Do you think I should set-up an appt with the state to try and get the amount lowered myself?


    Thank you in advance for any help.


    I need to get this off my reports ASAP due to job applications and mortgage shopping.
    Reply With Quote Reply With Quote
  2. 09-02-2010, 10:48 AM #2
    Magic69's Avatar
    Magic69
    Magic69 is offline Green Belt  
    Join Date
    Oct 2007
    Posts
    434
    Blog Entries
    6

    Default

    Good question - I think #3 would be the way to go, personally. You could seek the $800 reduction but perhaps you could get a bigger reduction. Check this out...

    Ask for an Offer in Compromise. This proposal is a tax settlement agreement between you and the IRS [or state] where you pay a portion of the tax liability and the IRS [or state] agrees not to pursue the remaining balance.
    Reply With Quote Reply With Quote
  3. 11-01-2010, 01:20 PM #3
    CreditRepGal
    CreditRepGal is offline Gold Belt
    Join Date
    Jan 2010
    Location
    Newport Beach, CA
    Posts
    27

    Default

    Call an EA and have them deal with it for you. It's not expensive and will cost less than your CPA who may not be an EA.
    This is the guy I use for all my clients and he does all states. I highly recommend him. He can help you get set up in a small monthly plan to pay off the lien as well. You don't want to have an outstanding lien for too long or one day you will go to use your bank account and realize the IRS has drained it. No joke I see it all the time.

    Bill Stewart EA
    Member of:

    San Juan Financial, Ltd
    SJF West
    Off.-949 496 3458
    Cell-949 584 9374
    Reply With Quote Reply With Quote
  4. 05-12-2011, 04:32 PM #4
    cccfree
    cccfree is offline Banned
    Join Date
    May 2011
    Posts
    4

    Default

    I would get that fixed asap, I'm in a similar situation and once I paid the tax lien I got it removed from my credit report rather easily.
    Reply With Quote Reply With Quote
  5. 05-15-2011, 04:51 PM #5
    johndoe001
    johndoe001 is offline White Belt
    Join Date
    May 2011
    Posts
    4

    Default California Wrongfully Filed a Tax Lien Against Me

    Can I get a wrongfully filed a tax lien against me completely removed and not just listed as
    "This item has been updated to report satisfied/released".
    as it now is after I disputed it on Equafax?
    Reply With Quote Reply With Quote
« Wrong Stuff Completely Removed From Credit Report | Hello Everybody »

Similar Threads

  1. Any Advice
    By Tyler Durden in forum Credit Questions and Answers
    Replies: 3
    Last Post: 09-04-2010, 05:25 AM
  2. judgment lien bureaucracy
    By madpoetx in forum Credit Repair Forum
    Replies: 3
    Last Post: 06-29-2010, 11:34 AM
  3. Lien Question
    By Millie in forum Credit Repair Forum
    Replies: 3
    Last Post: 07-10-2009, 06:52 PM
  4. need some advice
    By maibatsu_monstrosity in forum Credit Questions and Answers
    Replies: 5
    Last Post: 04-28-2009, 05:18 PM
  5. Tax lien released in the status area of my credit report.
    By CreditRepairGuy in forum Credit Repair Forum
    Replies: 0
    Last Post: 01-18-2008, 12:52 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules