including the imposition of a federal tax lien by the IRS. This lien acts as a legal claim against your property, such as your home, car, and bank accounts, for the amount owed to the government.

Understanding the difference between a tax lien and a tax levy is crucial for taxpayers. Continue reading A tax lien is the first step before a levy. It establishes a legal claim to the taxpayer ...

Clear Start Tax explains that while many people use the terms interchangeably, a tax lien and atax levy are two very different stages of IRS enforcement. Knowing the difference is essential for ...

According to the opinion, the IRS recorded a tax lien in 2013 against real property located in Connecticut for unpaid taxes. The owners filed a Chapter 7 bankruptcy case in 2019 in the Arizona ...