When a Tax lien is placed on a property by CRA, it supersedes all other lien holders. As CRA becomes the holders of the first lien they give the message to other creditors and the future creditors that they own the rights to the property. When a federal tax lien is imposed on your house, you will never be able to sell it, mortgage it or refinance it. Even you cannot buy a new house. The only way to do any of these things is to pay your taxes and remove your lien imposed by CRA.
We could help you with your Federal Tax Lien imposed by CRA
When CRA imposes a tax lien on your property, you have gone a long way with their collection process. Probably you are in serious need of tax help. When CRA sends you a letter demanding you to pay back taxes, they will check their records to see if you have responded favorably. When they find that you have not responded, they will file a tax lien notice.
When you get a tax lien, however you perceive it, a CRA lien could ruin you on the financial front. Also, it will make your creditors to ignore you. The only way to get relief is to get yourself cleared with the federal tax lien. A lien filed by CRA could cause you serious problems with tax which needs your attention immediately. Also, it may involve a serious tax levy by CRA.
Relief from the Federal Tax Liens is offered by Tax SOS
We at Tax SOS work very hard in order to negotiate for the suspension, removal or subordination of your tax liens with CRA so that you will be able to refinance, sell, or take any other action and reposition yourself to enable you to pay back your taxes to continue with your life.
Tax SOS could take several steps in order to get your tax lien removed. The process will start as soon as you contact us. We have knowledgeable tax consultants and they will get you to walk through the required process in order to remove your CRA lien.
Reversal of Tax Lien
It is possible that Tax SOS is able to cause the reversal of federal tax lien in case CRA has filed it in an improper manner. The same thing could be done in case they have not followed the specific order of procedure stipulated by law. In case, the CRA has based the lien on an incorrect assessment of tax and that becomes another reason to ask for the reversal of a tax lien. Call us today to learn if there is room for the reversal of the tax lien that is imposed on your property.
You need to know that the time left for you may be limited to act to reverse an improperly imposed tax lien. So, contact Tax SOS TODAY at (877) 982-9767 or (416)623-9234 or complete the Contact Form!