Are you worried about missing tax payments to the IRS? If you start missing payments, the IRS has several legal ways to collect tax debt, which can be frightening to face. Two of the tools available to the IRS are a tax lien and a tax levy. In this article,...
When you can’t pay your taxes, you never think it could lead to losing your home, but it can. Americans owed over $114 billion in back taxes, penalties, and interest in 2020. Some of these unpaid taxes will result in tax liens being placed on the properties of...
The Internal Revenue Service (IRS) has instituted relief measures during the COVID-19 pandemic. This included a pause on filing federal tax lien notices for three and a half months. During the past year, they’ve begun resuming these activities. Are you behind on...
Surveys indicate that a majority of Americans are worried about filing their taxes incorrectly. The big bad taxman has a lot of power, and people recognize that mistakes at tax time could come back around to haunt them. The biggest issues come when people fail to pay...
Federal tax liens are a serious matter if you are behind on tax payments. The government can seize your property if you fail to pay up. You should prioritize removing a federal tax lien quickly to avoid repercussions. This article will provide federal tax lien tips to...
Has the IRS contacted you about a tax lien? If so, you’re likely feeling a range of emotions, along with a large dose of curiosity. This post will be helpful to you. We’ll not only explain what an IRS tax lien is, but we’ll also talk about and how long the lien...
