What is the difference in a levy and a lien?
- December 1st, 2023
- David Greene
- Comments Off on What is the difference in a levy and a lien?
A tax lien is a document recorded at the county register of deeds office which simply states that the individual owes the IRS the amount of money stated on the lien. If the person named sells real property, that lien…
I was awarded our home in my divorce two years ago. Then last year the IRS assessed a large back tax debt against my husband and placed a lien on my house. Can they do this?
- March 2nd, 2023
- David Greene
- Comments Off on I was awarded our home in my divorce two years ago. Then last year the IRS assessed a large back tax debt against my husband and placed a lien on my house. Can they do this?
I think we might be able fight this. If he had to transfer the house to you by Court Order and the tax wasn’t assessed against him until after the divorce, then the lien does not attach to your house. …
Can the IRS seize real property based on filing a lien?
- September 1st, 2020
- David Greene
- Comments Off on Can the IRS seize real property based on filing a lien?
No, the IRS will not seize a taxpayer’s home as a result of filing a Lien. They would have to start a legal proceeding to reduce the lien to a judgment. However, this lien does affect your property. You can…
How to get an IRS lien released
- January 19th, 2018
- David Greene
- Comments Off on How to get an IRS lien released
Once the IRS records a lien against you it is very difficult to get it removed. However, as part of the Fresh Start Program, they have recently made several collection procedure changes designed to help taxpayers. One is that they…
How is a tax levy different from a lien?
- March 28th, 2017
- David Greene
- Comments Off on How is a tax levy different from a lien?
This week I want to discuss how a levy differs from a lien. While a lien is simply recorded at the courthouse and is therefore a “passive” collection action (nothing happens until the taxpayer sells property), a levy is an…
Can a tax lien be used to seize your home?
- March 21st, 2017
- David Greene
- Comments Off on Can a tax lien be used to seize your home?
No, the IRS will not seize your home as a result of this Lien. They would have to start a legal proceeding to reduce the lien to a judgment. However, this lien does affect your property. You can think of…