Experiencing back-tax issues with the IRS creates a very difficult environment to get the financing you need for working capital.
If you owe the government money, and you have not arranged with the IRS to make payment on that obligation, the IRS has the authority to issue a lien against your assets, including those that you have used as collateral for loans. This includes potential liens and levies against your accounts receivable – which you may want to factor to obtain needed funding.
The IRS often makes a “wrongful levy” – e.g., when a lender already has a prior secured interest or lien on the accounts receivable or other financial or physical assets. The IRS DOES NOT conduct a lien search prior to issuing a levy and thus does not know whether the assets on which it intends to levy are being used as collateral. Even if the levy is wrongful, and the IRS had no legal right to those assets, it can be very difficult, time-consuming and costly for you to get the assets back from the government.
ARFunding.org is ahead of the curve in dealing with the back-taxes problem. We have the tools to ensure that you do not have any issues with the IRS that could hinder your ability to factor your receivables.
We have access to up-to-date information on IRS liens, levies, tax compliance history, business name discrepancies, accrued tax liabilities, and IRS installment agreements – every relevant piece of information we need to ensure that there is no risk of your receivables being taken by the IRS to fulfill back-tax obligations.
If you do have back-tax issues and cannot meet the obligation immediately, we also have the resources to help you negotiate a payment agreement and avoid the liens and levies that can obstruct your ability to factor your receivables.