Questions About 1099

We found our dream house two years ago and we immediately made an offer on the property.  We were ecstatic when our offer was accepted thus, we uimmediately put out house up for sale and found a buyer right away.  Preferred Tax Relief

Everything was going along nice and easy and our family was looking forward to the big move but we hit a major roadblock.  To our surprise, there was an IRS tax lien on the home we were selling. 

My wife and I had the vaguest idea where this tax lien could have come from.  We didn’t receive any notification from IRS in the mail to alert us of the problem.  In fact, we didn’t receive any statement that we owe back taxes.  Apparently this problem had existed for a while, since we discovered it when we were selling the house in 2007, and the from the 2002 tax year. 

So what I did was check our 2002 taxes after filing it online and it showed that we did not owe any taxes.  It was all too much for us, so I began looking online to find someone who specializes in this sort of problem.  Why reinvent the wheel?  I realized that it would be wise to focus on our business and let the experts deal with the IRS.  Preferred Tax Relief

What scared me the most was that filing a tax lien would mean the IRS had claim over our assets including the property we purchased after the tax lien was settled.  And from what I gathered online, this precluded us from selling our assets or withdrawing equity from our assets as long the IRShad a claim over our property.  The way I understood it, we would be continuing to work hard in our business with this tax lien hanging over our heads and the possibility of the government taking all we had worked for. 

We came across Preferred Tax Relief and starting coordinating with them.  They were quick to address the issues and helped us calm down, which was a big deal for us.  They took care of the tax lien so fast that we were still able to sell our house and move forward with moving into our dream home.  Preferred Tax Relief

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