Category: Tax Liens

What to Expect If You Receive IRS Notice CP14

3 June, 2023 | Tax Issues Tax Levy Tax Liens Tax Relief

If you don't pay your tax bill, you will eventually receive notice CP14. As of May 2023, the IRS has announced that it is going to be sending out millions of these notices. This is part of the agency's plan to ramp up collection activities after going relatively dormant during the COVID pandemic and its aftermath. The agency also plans to start sending more CP501 notices from its automated collection system. What does this m... CONTINUE READING

IRS federal tax lien release and discharge rules

1 March, 2023 | Tax Liens

Background An IRS tax lien is a kind of security interest granted over a property to secure payment of the debt. We can assist with obtaining a Release a Federal Tax Lien. A tax lien on a property is imposed to secure payment of tax debt. A tax lien may be imposed against delinquent taxes against property or on account of failure to pay taxes. In the United States a federal tax lien may be raised in connection with any kind of federal tax. IRS can have a legal claim to your prop... CONTINUE READING

Filing of Tax Lien Notice

30 November, 2017 | Tax Liens

Filing of Tax Lien Notice When a taxpayer owes the IRS, they may the question, Is there a tax attorney near me? The tax laws create a tax lien that needs to be satisfied before it is extinguished. When balances owed reach certain limits, and after the IRS demands that you pay the tax debt, and the tax debt remains unpaid, the Internal Revenue Service will file a public notice that the tax lien exists. The notice is called Notice of Filing of Tax Lien (NFT... CONTINUE READING

Understanding the Impact of a Federal Tax Lien on Your Finances

6 October, 2013 | Tax Liens

Introduction: Facing the consequences of unpaid taxes can be daunting, and one of the serious repercussions is the imposition of a federal tax lien. In this article, we will delve into the details of how a federal tax lien affects you, from its initiation to its potential long-term implications on your financial well-being. How a Federal Tax Lien is Established: A federal tax lien takes roo... CONTINUE READING

A Deep Dive Into Form 14653

Living outside the United States while still a citizen can be challenging, as you still have legal obligations and requirements you must fulfill with the U.S. government. It’s easy to fall behind on tax filings and other legal obligations, and in fact, many people d...