A federal tax lien is the government’s legal claim against your property when you fail to pay a tax debt. The IRS files a Notice of Federal Tax Lien (NFTL) after assessing a tax balance, sending you a bill, and receiving no response. The lien attaches to all of your assets, including real estate, vehicles, […]
What Is a Federal Tax Lien and Why Did the IRS File One Against You? Read More »
After the IRS files a federal tax lien, you have 30 days from the date of Letter 3172 to request a Collection Due Process (CDP) hearing. Miss that window and you lose your strongest appeal rights, including the ability to petition the Tax Court. The underlying debt remains enforceable for 10 years from the date
Federal Tax Lien Response Timeline: Deadlines You Can’t Miss Read More »
There are four ways to remove or reduce the impact of a federal tax lien: release (debt paid in full), withdrawal (public notice removed entirely), discharge (lien removed from a specific property), and subordination (another creditor moves ahead of the IRS). A release ends the lien. A withdrawal erases it from the public record. The
How to Get a Federal Tax Lien Removed: Release vs. Withdrawal? Read More »
A federal tax lien is a legal claim the IRS places on your property to secure a tax debt. A tax levy is the actual seizure of your assets – wages, bank accounts, or property – to pay that debt. A lien says “the government has a right to this.” A levy says “the government
Federal Tax Lien vs. Tax Levy – What’s the Difference? Read More »
A federal tax lien is the IRS’s legal claim against all your property, including real estate, bank accounts, and future assets. If you just received one, you typically have 30 days from the date of Letter 3172 to request a Collection Due Process (CDP) hearing. Act immediately: verify the notice, gather your tax records, and
I Just Received a Federal Tax Lien – Now What? Read More »