The IRS may withdraw a filed Notice of Federal Tax Lien (and so may the state of California) if the:
• Notice was filed prematurely or not according to IRS procedures;
• Taxpayer entered into an installment agreement to pay the debt on the notice of lien and the agreement did not provide for a notice of lien to be filed;
• Withdrawal will expedite collecting the tax; or
• Withdrawal would be in the taxpayer’s best interest and the best interest of the government.
The IRS will forward the withdrawal for recordation, provide a copy of the withdrawal to the taxpayer, and, if the taxpayer sends a written request, send a copy to other institutions the taxpayer indicates.
For professional tax help, call attorney Mitchell A. Port at (310) 559.5259.