The filing of a Notice of Federal Tax Lien by the IRS automatically applies to all your property, including your home. Although a tax lien does not lead to immediate collection of your tax debt, such as through wage garnishment…
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To understand IRS lien subordination, you must first know what a tax lien is. Simply put, a federal tax lien is the U.S. government's legal claim against your property when you fail to pay a tax debt. When the IRS…
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The circumstances leading up to an IRS lien and levy are similar, and both are used by the IRS to satisfy tax debt. The two words even sound a little bit alike! It’s understandable that sometimes taxpayers facing IRS tax…
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Do you owe back taxes to the IRS? Did you know that the IRS may file a Notice of Federal Tax Lien if you owe $10,000 or more, unless you make arrangements to resolve your outstanding taxes?
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