Comments (5)

 

  1. mudbug says:

    Simple. Pay what you owe them.
    Then you may qualify to have your penalties removed and refunded back to you.

  2. melygoni says:

    I would just think you have to pay off the lien to have it removed. I don’t think it can be lowered. Once it’s paid off it comes off your credit, and it’s no longer a matter of public record. The only way credit companies even find out about the lien is through public record. It doesn’t show up on your credit report unless your not paying your payments or whatever you have set up. Call the IRS and ask if it there’s any way to lower it. You have to have good cause to have penalties removed.

  3. StephenWeinstein says:

    By paying the money to the state.

  4. Sharon T says:

    Unless it is old enough and you are willing to file bankruptcy to discharge it, you’ll just have to pay it. If you think IRS is tough, they’re nothing compared to the Franchise Tax Board!

  5. Max Hoopla says:

    What gave rise to the lien? If you owe the amount on the lien, you will have to pay it, have an offer in compromise accepted or discharge any non-trust fund portion of the liability in bankruptcy.

    The answer about dealing with Franchise Tax Board is irrelevant because this is an Employment Development Department lien.

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