FEDERAL TAX LIEN HELP IN LAKE NONA

Homeowners in Lake Nona communities such as VillageWalk and Storey Park often think about what their property could mean for their future: a move, a refinance or a sale. A federal tax lien can complicate those plans, because it gives the government a legal claim against your property when you do not pay a tax debt.

How a federal tax lien affects you

• It attaches to your property, including a home and business assets
• A public Notice of Federal Tax Lien may alert creditors to the government's claim
• It can make it harder to sell or refinance property, or get business financing

Ways a lien may be addressed

• Release: generally happens within 30 days after the debt is paid or otherwise resolved.
• Discharge: removes the lien from a specific property, which may help with a sale.
• Subordination: lets another creditor move ahead of the IRS, which may help with financing.
• Withdrawal: removes the public notice in certain cases.

Getting started

Fajardo & Associates can review your lien notice, explain which options may apply and provide IRS tax representation as you work toward a resolution.

Talk to a CPA who serves Lake Nona. Call Fajardo & Associates at 407-720-7220, or send us a message. Our Orlando office is at 7380 W. Sand Lake Road, Suite 500.