Tax Lien in Renton, Washington

Find the right Tax Lien attorney in Renton, WA

Tax Lien Lawyers in Renton

A "lien" in Renton, Washington is a type of security interest that one person or entity has in someone else's property. Normally, a lien is created by a court, to secure payment of a debt. A lien gives its holder many rights in the property that is subject to it, including the right to seize the proceeds if the property is sold, and priority access to the property, in front of other creditors.

A "tax lien" is simply a lien placed on a piece of property by the state or local government, to secure the payment of back taxes. A tax lien in Renton, Washington can arise to secure the payment of any federal or state tax, including income tax, estate tax, or gift tax.

Of course, a tax lien in Renton, Washington isn't worth much more than the paper it's printed on if the debtor doesn't own any property of value, on which a lien could be placed. However, a tax lien applies to property that the taxpayer obtains even after the lien is created. Apparently, this makes it quite a bit easier for the government to collect its taxes.

Tax Lien Procedure in Renton, Washington

The process of imposing a tax lien on property in Renton, Washington is typically fairly simple. The first step is for the IRS or local tax agency to determine that a person truly owes back taxes, and that it is worth the effort to impose a lien.

At this point, they will send the taxpayer a written notice stating that they owe a particular amount of money in back taxes, and that they have a small window of time (frequently 10 days or less) to pay it.

If this 10-day period expires without payment, the tax lien arises automatically. Once this happens, the tax authorities in Washington have all the rights in the taxpayer's property that any other lien holder would have, including priority over competing creditors.

But, under federal law, there are limits to how tax liens can be enforced in Renton, Washington, and elsewhere. Usually, the IRS has 10 years to try and enforce a tax lien. If no effort is made to enforce a tax lien for 10 years, the lien is automatically lifted, and the lien holder loses all rights in it. This rule exists to ensure that the government collects its taxes in a reasonable time period, and it prevents valuable property (which could otherwise be contributing to the economy by being bought and sold) is not laded with a lien for an indefinite period of time.

How Can a Renton, Washington Tax Lien Lawyer Help?

If you find yourself on the receiving end of a tax lien in Washington, you are going to have to wade through some substantial and confusing legal concerns.

Accordingly, if you think that any piece of property you own might become subject to a tax lien in Renton, Washington, you should not hesitate to seek the advice of a skilled tax attorney immediately.

Talk to a Tax Law Attorney now!

Life in Renton

Renton is located in King County, Washington. It is very near Seattle--approximately 11 miles. Surrounding areas include Lake Washington and Newcastle coal fields. Per the 2010 census, Renton is home to approximately 90,927 people.

Renton's top employers include Boeing, Valley Medical Center, Federal Aviation Administration, Renton Technical College, Providence Health Services, Paccar, ER Solutions, and Wal-Mart. Renton is also home to many small law offices with capable attorneys who practice in many areas of law.

Famous residents, both past and present, include Jimi Hendrix, Ann Rule, Bonnie Guitar, Tim Lincecum, Brandon Roy, Jamal Crawford, Jacob Young, Kelly Bachand, and Michelle Font.

Overall, Renton is a wonderful place to visit!

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