IRS Lien Safeguards
Secure Your Credit, Keep More of Your Money, by Letting Us Handle Your IRS Lien Problems For You!
Once you have an IRS tax lien filed against you, the difficulties are endless. The lien will show up on your credit report. Banks won’t want to deal with you because they don’t want the extra hassle of having to work with the IRS to take your money. You won’t be able to get a loan for anything… not house, not car… and the revenue from anything you sell will be taken by the IRS until your lien is paid in full.
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Frequently Asked Questions - IRS Lien Safeguards
What is a federal tax lien?
A federal tax lien is the government’s legal claim against your property when you fail to pay a tax debt after notice and demand of payment.
What is the difference between a lien and a levy?
Lien: A legal claim against property
Levy: The actual seizure of property
A lien secures the government’s interest. A levy enforces collection.
When does an IRS lien arise?
A federal tax lien arises automatically when:
- The IRS assesses the tax
- Sends a Notice and Demand of Payment
- The Taxpayer Neglects or Refuses to Pay
What property does a tax lien attach to?
A federal tax lien attaches to:
- Real Estate
- Bank Accounts
- Business Assets
- Accounts Receivable
- Personal Property
- Vehicles
- Investment Accounts
- Future Property Acquired while the Lien is Active
Does an IRS lien affect credit?
The IRS no longer reports liens directly to credit bureaus. However:
- The Notice of Federal Tax Lien is public record
- Lenders may discover it during underwriting
- It can affect financing, refinancing, and asset sales
How long does a federal tax lien last?
Generally, a federal tax lien continues until:
- The tax liability is fully paid
- The statute of limitations on collection expires
- The lien is otherwise released
Certain actions like bankruptcy, installment agreement defaults, and litigation can extend the statute
When should I seek professional assistance?
Professional guidance is recommended when:
- A notice of Federal Tax Lien is filed
- You are refinancing or selling property
- You receive revenue officer contact
- The balance exceeds your ability to pay
- The 10-year collection statute is near expiration
Early Intervention Improves Available Options
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