by James Wade | Nov 11, 2022 | Income Taxes, IRS, IRS Tax Liens, Taxpayers
IRS Tax Liens – How to Prevent a Tax Lien IRS Tax Liens – How to Prevent a Tax Lien In the last blog post, we discussed how to remove a Notice of Federal Tax Lien once it has been filed. Now we discuss how to prevent a Notice of Federal Tax Lien before it has...
by James Wade | Nov 8, 2022 | Income Taxes, IRS, IRS Tax Liens, Taxpayers
IRS Tax Liens – How to Remove a Tax Lien IRS Tax Liens – How to Remove a Tax Lien In the last blog post, we discussed what property an IRS tax lien can reach and how it can impact you. Now we discuss how to remove a tax lien once it has been filed. Before we get...
by James Wade | Nov 3, 2022 | Income Taxes, IRS, IRS Tax Liens, Taxpayers
IRS Tax Liens – What Property is Impacted? What Kinds of Property are Affected? The IRS tax lien attaches to all your assets as of the date of the lien as well as any future assets you acquire. Examples of potential future assets are: Lottery winnings Gifts...
by James Wade | Nov 1, 2022 | Income Taxes, IRS, IRS Tax Liens, Tax Controversies
IRS Tax Liens – What Are They? What is an IRS Tax Lien? In legal terms, an IRS tax lien is an “encumbrance”, meaning a claim, against your property. Think of it like a home mortgage or car loan. A tax lien is NOT an asset seizure! An IRS tax lien does not...
by James Wade | Mar 12, 2018 | Income Taxes, IRS, IRS Back Taxes, IRS Tax Liens, Tax Controversies, Taxpayers
How the IRS Collects Back Taxes I posted a video on my youtube channel about the IRS collection process. If you owe back taxes, you need to understand how the IRS goes about collecting it from taxpayers. As the old G.I. Joe cartoon said, “Knowing is half the...