Tax Lien in Irondequoit, New York

Find the right Tax Lien attorney in Irondequoit, NY

Tax Lien Lawyers in Irondequoit

A "lien" in Irondequoit, New York is a property right that a person or entity has in property owned by someone else, created by law, for the purpose of enforcing a debt. A lien gives its holder many rights in the property of another person, including the right to seize the proceeds of a sale of the property, and, if the debtor files for bankruptcy, the right to go to the front of the line among other creditors, making it more likely that the lien holder will collect something.

In Irondequoit, New York, a "tax lien" is simply a lien imposed by the government to collect back taxes from a person or corporation, when other methods for collecting have failed.

However, like any other debt-collection method, a tax lien is worthless if the debtor has no significant property on which a lien can be imposed. To get around this limitation, most tax liens in Irondequoit, New York apply to after-acquired property (property obtained after the lien was created). Most other liens only apply to specific pieces of property, or property that the debtor owned at the time the lien went into effect.

Tax Lien Procedure in Irondequoit, New York

The process of imposing a tax lien on property in Irondequoit, New York is usually fairly simple. The first step is for the IRS or local tax agency to determine that a person actually owes back taxes, and that it is worth the effort to impose a lien.

They will then mail a document called a "notice and demand," which lets the taxpayer know that they owe money on their taxes, and that they have a certain period of time (usually 10 days) to pay what they owe.

If that time period expires, and the debtor still hasn't paid, the New York tax lien will go into effect automatically, with no further action required.

However, if the federal government does not seek to enforce a tax lien in Irondequoit, New York within 10 years of imposing it, federal law dictates that the lien automatically expires. This is effectively a statute of limitations on a tax lien, meant to encourage the federal government to collect its taxes in a reasonable period of time, and ensure that property is not encumbered by a lien forever.

How Can a Irondequoit, New York Tax Lien Lawyer Help?

If the federal government, or the government of New York informs you that they intend to place a tax lien on your property, you will likely face some pretty complicated and daunting legal issues.

Luckily for you, tax lawyers in Irondequoit, New York are experts at dealing with matters such as these, and can make sure your rights are protected, and advise you on the best way to proceed, if you are facing the prospect of a tax lien.

Talk to a Tax Law Attorney now!

Life in Irondequoit

Irondequoit is located in Monroe County, New York. It has a population of 51,692 per the 2010 census. It is large suburb of Rochester.

Popular sites include Helmer Nature CENTER, Irondequoit Bay Outlet Bridge, Parkside Whispering Pines, Rochester Canoe Club, Seabreeze Amusement Park, and The Flats.

Many attorneys have established practices in the suburb. Therefore, residents and businesses can rest assured because their legal needs can and will be taken care of.

Famous residents include David Walker, Cal Ripken Sr., Sean Lahman, Don Holleder, and Steve Gadd.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN