Articles Posted in Tax Liens

IRS issues can compound when dealing with jointly owned property which often occurs with estates, marriage, and family ownership. When the IRS initiates a federal tax lien against a delinquent taxpayer, the lien covers all rights to current and future properties the delinquent taxpayer has or may have, even if the ownership rights to property…

When, Why, What & How The IRS must issue you a “Notice of Federal Tax Lien (“NFTL”) and Your Right to a Collection Due Process (“CDP”) hearing under IRC 6320, or IRS Letter 3172, within five days of filing a lien for any tax and period. This notice is to inform you that a lien…

How Important is it to get a Tax Lien Withdrawal immediately? A “withdrawal” removes the public Notice of Federal Tax Lien and assures that the IRS is not competing with other creditors for your property; however, you are still liable for the amount due. Getting this removed frees up opportunities you are currently prevented from…

How to Discover If You Have an IRS Tax Lien and What to Do to Remove Them What is the Difference Between a Tax Lien & a Tax Levy? Although these two terms are significantly different in application, they are often misapplied by many. An IRS Tax lien is the IRS’s legal claim against your…

Tax Levies & Liens If you have outstanding tax debt and no apparent resolution, the IRS can execute tax liens or levies against you. Either of these actions goes beyond just owing the IRS money; it is the actual IRS enforcement action to collect on the tax debt. With liens and levies, you could see…

When it comes to Tax Liens, it is better to employ preventative measures than to deal with curing them. Take our word on this. When the Internal Revenue Service (“IRS”) issued a tax lien, they made a public declaration that you are delinquent on your taxes. Tax Liens are filed with the applicable county, typically…

How Does a Lien Originate The IRS may bring a tax lien against you if you have a large tax debt. A lien is not the same as a levy. It does not automatically result in the loss of one’s property. A lien gives the IRS creditor rights to the property under the lien, which…

Can the IRS Put a Tax Lien on My House? The IRS will likely put a tax lien on your home if you are in an unfortunate situation where you have a significant tax balance owed and have payments past due. The IRS files a public document, the Notice of Federal Tax Lien, to alert…