AN IRS NOTICE OF FEDERAL TAX LIEN (NFTL) ON TITLE COMPLICATES 99.9% OF REAL ESTATE TRANSFERS
TAMCO CAPITAL ACCOUNTING & FINANCE
Our parent company began operations in 2005 serving as a finance intermediary for private and institutional lenders who funded commercial real estate new construction and stabilized projects in Central Florida and beyond.
As a logical extension, credit underwriting gave us the experience to help borrower-clients to manage debt, enhance credit, build stronger equity positions, cash flow, and improve on other fundamentals that resulted in an overall lower cost of capital.
From CRE finance to an independent tax advisory services division is where we find ourselves today.
Book a time to visit a tax specialist in one of our local offices today. We are located in the Hunter's Creek area across from The Loop regional shopping center in Kissimmee, FL, We take in-person meetings by appointment only.
Credentialed IRS enrolled agents on our team help real estate transaction brokers, title insurance agents, real estate attorneys and other settlement agents to eliminate federal tax liens on real property in all 50 states securely from our virtual platform.
WE CLEAR NFTL TITLE DEFECTS!
Full IRS transcript evaluation by a specialized enrolled agent to identify potential silent liens.
It's not unusual for a seller with a history of tax problems to have multiple IRS liens recorded in public records. High-income taxpayers who procrastinate about tax compliance are especially vulnerable. That's just the tip of the iceberg.
Filing a NFTL in public records puts other creditors on notice that the IRS has an interest in the property that it intends to protect. However, filing a NFTL is NOT required for an IRS past due assessment to attach to real property owned by the debtor.
Section 6321 of the Internal Revenue Code (IRC) creates a "silent lien". The lien arises by statute (not filing) when any person liable to pay any tax assessed by the IRS and fails to pay it after a demand for payment is made. Taxpayers have the right to appeal but few even open the letters. The fact that a NFTL was filed in the first place is a good indication that the seller has ignored the IRS to the point where aggressive collection activity is warranted.
We help sellers to resolve IRS matters by targeting underlying noncompliance issues that lead to filing a NFTL. Then we negotiate the lien release direct with the IRS on the seller's behalf.* Our resolution specialists discreetly negotiate settlements for purchase and refinance transactions.
*Requires seller to sign IRS Form 2848
We begin with a full IRS transcript evaluation. IRS enrolled agents identify silent liens that have potential to cloud title.
A best-effort is made to abate penalties and employ other strategies that protect the seller's assets from future IRS levies, liens, and seizures.
When a closing is on the line, time is of the essence. The sooner a title search uncovers a NFTL, the sooner one of our specialists can reach out to the seller to save the deal.
Can you close a refinance transaction with an IRS NFTL on title? With our help you can. Our trained specialists will work with the IRS and seller to secure a first lien position for your lender.
We file all necessary forms with the IRS to save the deal. Annual IRS account monitoring keeps the homeowner aware of future IRS collection activity before the notices arrive.
Director of Operations
Debra Napier, MBA, EA
|TAMCO Capital Accounting & Finance
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P.O. Box 420059
Kissimmee, FL 34742-0059
Located in SBC Office Center off John Young Parkway
across from The Loop in