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Tax lien
dealing with the IRS |
| Tax Liens | |
| A Federal Tax Lien is a notice
that you owe the IRS money. The lien itself "attaches" to certain property
that you might own, and is recorded in the local courthouse, and possibly at the state
level. A Federal Tax Lien will generally appear on a taxpayer's credit report, and may adversely affect one's ability to sell property or obtain credit, but does not, in and of itself, actually seize property. |
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| Copyright © 1997 Gill &
Company, CPAs. All rights reserved. Revised: September 29, 1997. |