What is a federal tax lien?

Answer There are several ways the federal government can collect money from delinquent tax payers. A tax lien is one way the government may choose to collect back taxes.TaxesEach year taxpayers must pay t... Read More »

Top Q&A For: What is a federal tax lien

What is a notice of federal tax lien?

A Notice of Federal Tax Lien is a lien filed by the Internal Revenue Service against a taxpayer who has failed to pay an outstanding tax debt. The lien applies to all the taxpayer’s property, su... Read More »

What is a federal tax lien on a home?

A federal tax lien is one of many types of liens that can be placed against a home or property. A lien gives an entity legal claim to your property in the event that you do not pay a debt.Federal T... Read More »

What is a certificate of release of a federal tax lien?

According to the Internal Revenue Service, a lien can be issued for any taxpayer who does not pay her taxes owed by the April 15 deadline. Once the conditions are met for the lien to be released, t... Read More »

Can a federal tax lien be removed?

A federal tax lien can be removed. You can do nothing and the IRS statute of limitations will expire in 10 years. You can pay off the entire amount of back taxes owed, or work out a compromise or p... Read More »