IRS Tax Liens

Whenever you owe the IRS money, the IRS puts something called the IRS tax liens on just about everything you own or have a right in. Below is information about IRS tax liens and things to know about IRS federal tax liens. We will discuss how to get the IRS tax liens removed in another section. The amount of IRS tax liens covers your taxes owed as well as interest and penalties.

IRS letter demanding payment within 10 days

If the IRS sends you a tax bill and you don't pay it, then the IRS will send you a letter demanding that you pay your tax bill within 10 days. Usually the letter that the IRS sends is unpleasant and threatens you to pay the taxes owed or the IRS may file a notice in the public records of your tax debt called the Notice of Federal Tax Lien or the IRS tax lien.

Where does the IRS file the IRS Tax liens?

The IRS tax liens are filed in the public records offices in the counties where the taxpayer lives, work or own real estate. If the taxpayer lives in a state where there is no county recording system then the IRS will send the Notice of Federal Tax lien or IRS tax lien to the taxpayer's Secretary of State's office.

Who pays the fee for recording the IRS tax lien?

The fee for recording the IRS tax lien is added to the taxpayer's tax bill.

What happens to the IRS tax liens if I don't own any properties?

The IRS tax liens stay on your record so if you buy any properties in the future, the IRS will have a claim on it according to the IRS tax lien.

How long does the IRS tax lien stay on my record?

The IRS tax lien stays on the taxpayer's record until it is paid off. If the taxpayer buys or inherits a property in the future, the IRS tax lien will be attached to that inherited or purchased property and the taxpayer will not be able to sell the property without first paying off the IRS.

I manage to sell my property with the IRS tax lien on, am I free of the IRS tax lien?

No. Even if the property is somehow sold, the IRS tax lien remains on the property until the IRS is paid in full. The IRS can still come after you for the payment of unpaid taxes.

I bought a property with IRS tax lien attached, am I liable for paying off the IRS tax lien?

Yes. The buyer of the property with attached IRS tax lien can be liable to pay off the unpaid taxes according to the IRS tax lien. That's why when buying properties, make sure you have checked the title and that the property is free from tax liens or you might find yourself having to deal with the IRS in case of IRS tax liens.