If tax isn’t paid after a demand for payment has been made, a lien may arise. The lien is in favor of the United States by law and is upon all property and rights to property of the person with the unpaid tax. To protect the government’s right of priority over any other party who are owed money by the same person, the IRS will file a Notice of Federal Tax Lien, putting other creditors on notice regarding their claim.
After receiving a lien notice, it’s vital that you engage the help of a professional to minimize the IRS’s actions and ensure that you meet deadlines for initiating appeals. There are many strategies to prevent or delay the IRS from seizing your personal and business assets. We are experts in IRS seizure procedures and can help.