The IRS acquires a lien against the taxpayers property once a tax is assessed, the IRS sends a demand for payment, and the tax is not paid.
IRS tax liens are typically not an issue until the IRS files notice of the lien with the state or local government. Once filed, the tax lien becomes public and can have a devastating impact on credit scores, reputations, and business relationships.
The IRS files tax liens as part of its collections efforts. These tax liens remain in place until they are removed or they expire by operation of law when the underlying tax debt becomes unenforceable.
There are a series of procedural steps the IRS must follow in filing and removing tax liens. This includes sending a notice of its intent to file a lien. The law affords taxpayers avenues for having the liens removed and in some cases withdrawn. It also affords taxpayers remedies if the IRS does not remove a tax lien or if the lien was wrongfully filed in the first place.
We can help with this. We advise clients on tax collections and lien matters daily. Please contact us immediately if you received a notice of intent to file a lien or you have property subject to a lien that you need removed or withdrawn.