Minnesota
Tax Attorneys

Stopping Tax Levies & Liens

Tax liens are indeed legal claims imposed by the government to secure unpaid tax debts. In Minnesota, delinquent tax debts can result in the filing of a tax warrant, which acts as a lien against the taxpayer’s real and personal property.

These liens are public records that can have an impact on the taxpayer’s credit and ability to sell real estate. The IRS also has specific procedures for releasing tax liens. They are required to release levies under certain circumstances, such as when the taxpayer has fully paid the debt, the collection period has expired, releasing the levy will facilitate the taxpayer’s ability to pay taxes, an Installment Agreement is in place that doesn’t allow for the levy to continue, the levy would create an economic hardship, or the value of the property exceeds the amount owed.

If the IRS denies a taxpayer’s request to release a lien, the taxpayer has the right to appeal the decision. Seeking the assistance of an experienced tax attorney, such as those at Anderson Bradshaw, is advisable when dealing with tax liens. A tax attorney can provide guidance, representation, and effective navigation through the complexities of the process. They can negotiate with the IRS on behalf of the taxpayer and work towards resolving the lien in the most favorable manner possible.

Having the support of a knowledgeable tax attorney can greatly benefit taxpayers dealing with tax liens, ensuring their rights are protected and increasing the chances of a successful resolution to their tax matters.

Unfiled Tax Returns

The voluntary disclosure program offered by the Minnesota Department of Revenue incentivizes individuals to come forward and address their tax obligations, potentially qualifying for a waiver of penalties and a reduction in the number of periods for which tax returns are required to be filed.

Regarding federal failure to file penalties, the IRS imposes penalties based on a percentage of the net tax due per month or part of a month that the tax remains unpaid. The penalty rate is typically 5 percent per month but can be reduced to 0.5 percent per month under certain circumstances. The maximum penalty is 25 percent of the unpaid tax.

Filing past due tax returns as soon as possible, even if they are filed late, is strongly advised by the IRS. This helps prevent further interest and penalties from accruing, protects Social Security benefits, avoids issues when obtaining loans, and reduces the likelihood of collection and enforcement actions by the IRS.

Given the complexity of tax matters, consulting with a tax attorney at Anderson Bradshaw is recommended to ensure compliance with both Minnesota tax laws and federal tax requirements. A tax attorney can provide guidance throughout the voluntary disclosure process and help individuals take the necessary steps to address their tax obligations effectively.

Contact Our Minnesota Tax Attorneys

Seeking the assistance of a qualified tax attorney like Anderson Bradshaw can be highly beneficial when facing tax problems in Minnesota. They have expertise in Minnesota tax laws and regulations and can provide the necessary guidance and representation to help you navigate through your tax issues.

Tax problems can be complex and stressful, and having an experienced tax attorney by your side can help alleviate some of the burden. They can assess your specific situation, advise you on the best course of action, and work towards resolving your tax problems in the most favorable manner.

Anderson Bradshaw understands the challenges individuals and businesses face when dealing with tax problems. They can work with you to develop a personalized strategy to address your tax issues, protect your rights, and help you achieve the most favorable outcome possible.

Consulting with a tax attorney who has expertise in Minnesota tax laws can provide you with the necessary legal support to effectively communicate with the Minnesota Department of Revenue and navigate the complexities of the tax system in the state.

If you are facing tax difficulties in Minnesota, reaching out to Anderson Bradshaw for a consultation is a recommended step to explore your options and receive the necessary legal assistance to address your tax concerns.

By consulting with Anderson Bradshaw, you can benefit from their expertise and experience in dealing with various tax issues. Whether you are dealing with tax audits, tax debts, tax liens, innocent spouse relief, or any other tax-related matter, their team of skilled tax attorneys can provide the necessary support and help you navigate the complexities of the legal process.

When you work with a tax attorney, they will assess your case, explain the applicable laws and regulations, and develop a personalized strategy to address your tax problem effectively. They can communicate with tax authorities on your behalf, negotiate settlements or payment plans, and provide representation in any legal proceedings or appeals.

Seeking the assistance of a qualified tax attorney can alleviate your concerns, protect your rights, and increase the likelihood of achieving a favorable resolution to your tax problem. By reaching out to Anderson Bradshaw, you can take proactive steps towards resolving your tax issues and gaining peace of mind.

Our tax attorneys provide IRS tax help for residents all over Minnesota including Minneapolis, St. Paul, Rochester, Bloomington, Duluth, Brooklyn Park, Plymouth, Woodbury, Lakeville, Blaine, and many more. Call (877) 986-1156 or contact our Minnesota tax attorney online to take advantage of a free consultation.