Irs Tax Lien Knowledge Base
If you walk away from a house included in bankrupcy and IRS tax lien. Does it release me from obligation? house had an IRS tax lien applied after bankrupcy was in force in NY state
Federal Pell Grants and Student loans and an IRS tax Lien? If the IRS has a lien against you for unpaid taxes, would you still be able to get Pell grants and Federal student loans to pay for the cost of college or would they be denied?
How hard is it to remove an IRS tax lien from your credit? I just found out my boyfriend has a tax lien on his credit while we are trying to rent a place to live. How hard is it to get off his credit? And how long does this stay on his credit?
Question about a Federal Tax Lien on Credit Report? The IRS placed a federal tax lien on my credit report last year. I was able to have the lien paid and released a few months ago. It now shows as a released federal tax lien on my report. This is the only negative entry on my credit. What impact does a released federal tax lien have on my credit score? (The original amount of the lien reported was $10,000, if that has any relevance since it is paid now)
if the irs has a lien on your name can they force the sale of a home or vacant land or car ?? what is the limitation of a irs ,,lien ,,, on back taxes a modest amount under 25,000
can a bankruptcy stop irs to take a commercial property? i purchuse a commercial prop...and it has irs and tax liens..i took care of tax liens but irs liens no if they try to enforce can bankruptcy stop them?
Any attorneys out there? Tax lien situation whereby IRS has garnished wages to the point of poverty; remedies? This info is for a freind whom has consulted w/ an atty. and stated that the only option is a settlement. This party does not have the money for a settlement nor enough assets to sell off to erase the tax liability. All wages garnished and personal asset(s) i.e. car has lien attached. Bankruptcy won't work due to this is non-dischargeable debt. This person understands the need to pay and has a good job-salary, but the IRS has left her/him with $333 to live on ea. month. Bascially poverty-stricken. No doubt the gov't has legal basis to due this, but, but, I believe it's unfair/ unjust to propel a person into dire straits with collection efforts. If the garnishment was not at the present level e.g. leaving this person with say $1000 to live on monthly, it would be affordable. I don't think the IRS... tax system, was setup to render a preson homeless or otherwise. Thank you for any assistance.
IRS tax lien statue of limitation? Stopped paying on my taxes in August 98 do to illness which left me disabled and on SSD. Ever since, the IRS has taken my refund every year of $2500. In Jan 2000 they put a tax lien on me which shows up on my credit report. One attorney told me to call them and ask for a hardship status and I filled out the paperwork last summer and I received a letter stating they were working on it. My lien is $7667. What I want to know is, does the 10 yr statue of limitation start from August 98 when I stopped paying. OR, does it start from the time they put the lien on in Jan 2000. Also, because they are taking my tax refunds every year, does that eliminate the 10 year statue of limitation altogether??? The lien will be off my credit report in Dec. 2009. Thanks for the help.
I recently found out my power of attorney has an IRS tax lien. Should I find a new individual for POA? Will their name be associated with my bank accounts if I am unable to be independent for myself? Will the IRS take my money? I found out the IRS has taken cash from her bank accounts! Thanks!
Can the IRS garnish wages and place tax liens at the same time? A tax lien was placed on my property. Can the IRS also access my accounts and take my wages?
How Do I Determine if a Tax Lien Property Has a Federal/IRS Lien? I am interested in purchasing tax lien certificates as well as tax deeds. How would l determine if a prospective property has an IRS lien on it as well? Are there any other liens I should consider before investing in a specific certificate and/or deed? Any help would be greatly appreciated!!!
I had an IRS tax lien levied against me. Should I hire a former agent to help? I am receiving numerous mail solicitations, but would like some help. Should I hire someone and, if so, how do I find out who is reputable?
How do I get a self-released IRS tax lien off my credit? It was released over 2 years ago.? If you say it will stay on 7-10 years, is that from the time it was first reported? Or when it released? I was told my credit score won't go up until this tax lien is removed. It's the only bad mark otherwise.
Will satisfying a tax lien raise my credit score? I have been on a payment plan with the IRS for a tax lien, and need to settle the lien before I will be able to close on a mortgage. Once the lien is settled, will this raise my credit score, or only show that the lien has been released? Either way, I'm going to pay off the lien.
I have a tax lien against my house. I have a buyer. I need the money from the sell to pay the IRS.? I need the lien released immediately so I want lose the buyer. The IRS can have the amount owed from the sell of the house.
What happens if IRS refiles a tax lien? If the ten year statute of limitations has expired, and the IRS refiles the lien, what then? Does the ten year limitations start all over again? What is expected of taxpayer at that point? PLEASE do not answer this unless you are a tax expert, have direct experience with this, or can direct me to valid information web page regarding this question. Also, I was wondering if the IRS is known for refiling tax liens after ten yr period or if it was unusual. THANKS!
Can a refund be received after IRS filing tax lien against Real Estate Property? A tax lien has been filed against our home for taxes my husband owes (we file seperatly). Once his 08 return is filed and a refund due will he receive that? Tax lien filed against our property last summer...??
Has anybody got the IRS to withdraw a tax lien upon full payment.? I would like the lien off my credit reports if possible accountant, do you help people in Illinois
Can I pursue a lawsuit against a bank that put a IRS tax lien on my account which lasted too long,13 days!? I found out that the lien was only for that day,Nov. 27, but the bank would not even let me pull out ten dollars for food, bills,so on.I had to borrow money from friends for this.Of course I was in real bad shape stresswise.The bank refused to call the IRS to find out what was right till they were made to.I sure think this is a case of mental anguish! What would anyone feel like if you knew you were paid but the bank wouldnt even let you touch ten dollars of it.Also I got a NSF notice but got a refund of it and the bank wrote a note Lien Error!! well if any lawyers out there I cant pay unless case is won but the bank definitely was in the wrong and proof is everywhere, even from the bank!!
Can I sell a property that has a Income tax lien on it? I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?
The IRS filed a tax lien right in the middle of an appeal from an offer in compromise? Can the IRS file a tax lien in the middle of negotiating the debt through the offer in compromise program? Thanks
Can the IRS put a tax lien on your 401K? The only "asset" I have is a 401K that I do not have access to until I'm 65. The IRS recently filed a tax lien against me. Can they take my 401k?
does a federal tax lien take priority on fully disbursed secured loan? bank gave 2 secured loans in 2005 to company A. One was 1 million used to buy equipment for the plant. the second one was line of credit partially used to buy a truck and then a later draw to buy raw material. Company A failed to file taxes end of 2005. In 2007 the irs filed a tax lien. Does the tax lien take priority over the security interest on 1st loan. Does it take priority over the truck; how about the draw used for raw material?
where can I find a tax lien from the IRS against either a person or a business for free.? I am looking to search either a business or person to find if a tax lien from the IRS is filed against them. IE a tax levy not a real estate levy
How long does it normally take the IRS to file a tax lien on someone who owes taxes? My friend owes 5K from 2007 taxes but just received a letter about the proposed debt a month ago. She did respond to the letter but she is afraid they will put a levy on her bank account and/or wages. She is unable to pay the debt in full all at once. Will the IRS give her the chance to make payments on the debt or will they automatically put a federal lien on her assets if it all is not paid at once?
How do i negotiate with the irs about paying a federal tax lien? do i have to get a tax lawyer or get a company to do it for me, or can i do it myself, and if so, what steps will i have to take?
The IRS, tax lien and my credit score.? We did not find results for: My FICO score is 750 Experian,780 Equifax and 640 TransUnion. My TransUnion score is due to a tax levy by the IRS. TransUnion score is due to a tax levy by the IRS. I am on a per month payback schedule with the IRS. a lien is reported by TranUnion. If i am current on my payback loan is there any chance the IRS will stop reporting this as a tax lien.. Try the suggestions below or type a new query above. yahoo
my wife and I have an IRS lien listed, will it affect our tax return? The IRS has put a hold on the collection process due to financial hardship, will that affect us also??
IRS filed a tax lien. Are they going to take my stuff? I received a notice from the IRS stating that they have filed a tax lien against me. What does that do to me? Can they come and take my stuff?
irs tax lien on home im buying? hi everyone. i was in escrow on a home. two weeks in, title report shows a $150,000 irs tax lien. sellers (equity firm) are working on getting it removed somehow. ive been waiting 5 weeks now. i guess the lien was applied to the previous owner who foreclosed. equity firm (seller) got the home and sold it to me. based on sales history, i show $238K as the last price..so i assume thats what hte sellers paid. just curious, what am i looking at here? should i give up hope the sellers will clear title? what exactly are they trying to do with the irs?are they trying to get the lien removed or will they ultimately have to pay off the 150K if they want to sell the home? im starting to lose hope here and will have to start looking for a new home to buy. I am buying from a firm that got the home through foreclosure. not the person with the lien attached.
Can I pursue a lawsuit against a bank that put a IRS tax lien on my account which lasted too long,13 days!? I found out that the lien was only for that day,Nov. 27, but the bank would not even let me pull out ten dollars for food, bills,so on.I had to borrow money from friends for this.Of course I was in real bad shape stresswise.The bank refused to call the IRS to find out what was right till they were made to.I sure think this is a case of mental anguish! What would anyone feel like if you knew you were paid but the bank wouldnt even let you touch ten dollars of it.Also I got a NSF notice but got a refund of it and the bank wrote a note Lien Error!! well if any lawyers out there I cant pay unless case is won but the bank definitely was in the wrong and proof is everywhere, even from the bank!!
I was self -employed and owed the IRS back payroll taxes. A federal tax-lien was filed. This was paid when? I sold property and i recieved a federal tax release document. My wife is worried that i may still owe money somewhere and we will not recieve our refund. Is there any way to find out if someone is legally entitled to my refund check.
First-time home loan with IRS tax lien? I have an IRS tax lien that was filed in 2001 for $20,000. I have been making payments via an installment agreement that started very soon after the lien was filed. I can’t remember the details of my agreement, but initially it was $500 a month and then because of a job change, I asked and received a reduction to $200 per month, which I am currently paying. Question: How long will my installment agreement continue? Until I’ve paid the entire $20,000? I know I owe, but the penalties and interest have me thinking I’ll never pay it off at $200 per month.
A recent credit check has shown a tax lien. IRS and state and have nothing in file. What should I do? How do I remove that entry from my credit report?
How many years is a federal tax lien valid? Does anyone know if an IRS tax lien filed 10 years ago is still valid, and if not, how to expunge it?
How can I search online for IRS tax liens? My credit report shows an old tax lien filed about ten years ago in a county where I lived previously? I need to actually get a copy of the lien to see what in the heck they want and from when. I know I can go to the county recorder and pay for a hard copy, but are there any free search sites for state or federal tax liens?
I have a tax lien by the IRS but I am also getting a car insurance settlement. Can the IRS get it before me? or do I get it and have to pay them after.
To boost my credit score is it better to use money to pay off a federal tax lien or credit debt? I have some cash and want to improve my credit score. I have an IRS tax lien for about the same amount as my outstanding credit card balances. What would be a better action? Should I pay off the tax lien, currently on installment, or should I pay off credit card debt?
Notice of tax lien filing and certificate of release from irs? I received a certified letter from the irs. One page has Notice of tax lien filing and your right to a hearing under irc 6320. And another page that says with respect to each assessment below unless notice of lien is refiled by the date in column(s) this notice shall constitute the certificate of release of lien as defined in IRC 6325(a). Can someone explain this in layman terms.
Where to buy Real estate, IRS and federal tax lien certificates in Michigan? Hello, I've done research a bit and I am interested to buy tax liens in Michigan, what place do you suggest me to start asking?
How often does the IRS redeem tax liens on foreclosed property? I'm an experienced foreclosure investor, and generally know the risks of buying foreclosed properties at auction. However, there is a property I'd like to purchase that has a substantial tax lien attached to it, and I'm not sure how much I should take that into consideration. Exactly how often does the IRS exercise its redemption rights in foreclosed properties? Are there any particular factors that make the IRS more inclined to redeem a particular property?
It it legal to make payroll checks payable to a spouse to help someone avoid an IRS lien? My former church hired a member to do some work. He has IRS tax liens filed against him and has worked under the table for years, so the pastor agreed to make the checks payable to the wife, who had nothing to do with the work for which the guy was being paid. This seems illegal (fraudulent conveyence?). Does anyone know which part of the tax code might be involved? Could the church's assets be at risk? Everyone knows about this guy's tax problems. His wife uses her maiden name because of this.
How does the IRS put a federal tax lien on your automobile? If they do, can you sell the car for cash and keep the money? Can you just ignore the lien and keep on driving (insuring and registering) the car? Thanks!
IRS tax lien problems? a former employer did not remit employment taxes. The IRS has deemed me to be a responsible party and has started collection action. Employer has since sold the business and refuses to voluntarily pay the taxes. My credit is being ruined and my home and business are in jeopardy. Has anybody had similar problem and/or solution?
Can the IRS put a Federal Tax Lien on a house that is in foreclosure? Can they also put a lien on your car even though you're still making payments on it??
I have an IRS state tax lien...... and some other small civil judgements.....? Is there an organization that can help me ? I lost my license because my line of work (self employed) requires me to drive everyday all day. I would have to keep driving to support my family and pay my debts. But I am held back due to loss of license ................... Is there any help for people in my situation?
What can I do about an IRS lien on a house that was inherited to me and 3 others? My siblings and I inherited a house through my parents in 1995 to this day there is still a 121,000.00 tax lien on it, and it only appears on my credit. My question is can i do anything about this and can we sell the house, or do we have to purchase another home and give this one as a trade in so they wont cease the money..
Can anyone tell me who is the best tax relief company for problems with the IRS & State Agencies? I have a tax lien with the IRS, but now the state is coming back and looking at an old IRS audit and I need help.
How can the IRS put a lien on my house referencing my dad who has been dead 2 years? My dad died two years ago and he had put his home in my name before he died. Now 2 years later when I am doing a home equity loan I find there is a tax lien on it. The title was clear 6 months ago so this is fairly recent. The house is only in my name and this lien has been put on not only after the house was deeded to me but also 2 years after his death. How is this possible? Should I call the IRS about this or go to a tax lawyer first?
How long does a RESOLVED tax lien stay on your credit? Had a tax lien that was challenged and resolved......... I have a Tax Lien Release from the IRS. It is still on one of my credit reports and when I questioned it, they came back and said it was still there and would now be on for another 11 YEARS! Can they do this? How can I get it removed?
how can i find out info online on a family member that has a tax lien on their car? a family member died and i want to find out what they owed the irs for back taxes. there's a lien on their car.
Well I asked about the Tax lien on my checking account,the bank had give most of it back.Do I have a case?? the bank held my money from Nov.28 to Dec.11. At least one check bounced because of them. Now they have to pay the late fee the return fee.and others because they did not call the IRS to confirm tax lien details!!
Does a tax lien apply to stocks? If a tax lien has been filed due to IRS income tax, that gives them the right to seize real estate (minus homestead). Does that also give them rights to seize stocks/bonds held (whether currently held or upon sale)?
I have a question about a released Tax Lien on my credit? Last year the IRS filed a $1,0000.00 tax lien against me and reported it on my credit. I finally got them paid off a few months ago and they have released the lien. On my credit, it now shows as a relased tax lien. I have heard that sometimes, if you dispute some negative information on your credit report, a lot of times the reporting agency/company does not respond and it gets removed from your credit bureau file. My question is: What would happen if I disputed the tax lien on my credit report. Considering the IRS has been paid and they have released the lien, what would they do? Is there any hope of success in having it removed from my credit files, also would I be breaking any laws? Please help! One other thing, this released tax lien is the only negative mark on my credit.
In reference to a Federal Tax Lien, is my business considered an asset? I have just started my own business and have received notification that I have a Federal Tax Lien filed against me for my person taxes. Is my business considered property or an asset that the IRS can attach to satisfy the lien? My business is an LLC.
IRS Tax Liens? I was informed that a person can exuse or deminish all his back taxes up to a certain amount one time and one time only. Is this a true fact and if so how would I go about finding a reputable person to do so?
How do I get a tax lien off my property? i have a property and the irs placed a lien on it against my husband SS#. He is not an owner of the house because it is only under my name and my sister-in-law's name. He is not even in the title. How can get the lien off.
If you have a tax lien from the IRS in one state, and you move to another, will it follow you? Backstory: My mom and grandma bought a house together before my mom and stepdad got married 5 tears ago. My mom and stepdad filed ch. 7 bankruptcy together in 2003. We moved into a new house last year, and got two new cars. Well, the house is getting foreclosed on Jan. 1st, so we moved back into our old house with my grandma. We don't want the new house anymore, and are planning on filing ch. 13, and before all this happened, we were planning on moving out of state. Will the state we are moving to deplete the wages?
irs/ca. state tax board add lien to credit report? I have excellent credit I expect a lien will be placed on my credit report after 10/15 due to back taxes that I am unable to pay at this time. will this affect my credit cards and payments and will they the credit card companies take advantage of my situation or as long as I stay current in all my payments will this be fine? I appreciate all answers to this request!
How do I get a tax lien released? I do not have the money to hire a lawyer to help me, or the money to pay the taxes. My business can not get credit to operate, and I am losing money. I need the tax lien released before I go under. I have talked to the IRS, put they only send me publications I do not understand.
Has anyone heard of the term "Black Day" used by the Franchise Tax board or the IRS? I was retrieving a tax lien release for a client and the clerk mentioned it but didn't have time to elaborate. I hear this is a day that the tax collectors report previous year’s unpaid taxes on your credit report and lien your property. I also heard it was December 14th. Anyone know more about this?? I need to explain this to my client. Thanks =)
What is the best way to take care of tax liens (1 IRS, 2 FTB of CA)? These 3 liens were filed against me in 1993 - 1995. The 2 state liens have grown considerably. I can only imagine that the IRS lien has grown also. Is it best to talk to a lawyer? Or should I deal with the IRS and FTB directly? I see commercials periodically about reducing ones obligation. Do these organizations work? If so which ones are more reputable? It is time that I get these taken care of. I want to do it in the most efficient and painless way possible. Thanks!!!
removal of federal tax lien will boost my FICO credit score by how many points? i have paid in full the federal tax lien filed by the irs, i was wondering by how many points and how soon will my credit score will go up.
Has anyone gonna out from a tax lien ? and how and who helped you get your life back? Basically I havent recieved a tax return in 20 years. due to a mess up CPA trainee. He filed my taxes wrong. And I am paying for his mistakes. Each year I have filed and they (IRS) withheld my returns and even garnish my wages. Now I can receive a tax lien from my bank, they are attempting to seize all the funds( I manage to pay from my creditors) Now, I won't beable to. What can I do to stop the tax lien?
Foreclosure question and tax lien? I recently asked a question about foreclosure, but forgot to mention that the IRS has a tax lien on my house. What happens if I let the house go into foreclosure with a tax lien? Any help is greatly appreciated as I have no where to turn,
Need to find out about tax lien on home.Taxes owed are by husband. Home is only in wifes name,is she liable? My son owes back taxes, before getting married. IRS has put a tax lien on a commercial property as well as their home. Commercial property is in both of their names.The home is only in the wifes name, IRS has put a lien on this property as well, can they do this? even if it is my son who owes the taxes. They have tried to negotiate a settlement with the IRS and have been unsucessful. They want to get a home equity loan to pay off the taxes owed but can't because of lien on their home. Any ideas how to resolve this situation.
Federal Tax Lien, does it show up on credit? I just learned that two weeks ago, the IRS filed a Federal Tax Lien against me. I need to know if it goes on my credit and if it does, what impact will it have. I have perfect credit....so far. Also, if it does go on my credit, after I pay them and they release it, will it restore my perfect credit or will it hound me for next seven years? Please help. Thanks!
Is there a legal way to remove a tax lien against a home? My business partner and I purchased an investment home about 2 years ago. We've decided to sell now but there's a big problem: To my surprise and disgust - The IRS has slapped a tax lien against the home since my business partner has to pay back-taxes. We are both on title but I'm solely on the mortgage loan (I messed up in this case, which I know, but I need to deal with removing this tax lien first). She has bad credit so she can't get a loan or even a credit card to pay off her tax debt. I know the housing market is bad but I want to remove this tax lien. Help... S.O.S.... How do I get out of this predicament?
Property being foreclosed on.Has 1st and 2nd mortgage & tax liens.Who gets paid next after the first mortgage? Friends property is being sold at forecolsure (in GA). It has a 1st mortgage and I have the 2nd mortgage on it plus he has tax liens against the property. Who gets paid next after the first mortgage if the bid is higher than the 1st mortgage and attorney fees? Does the IRS tax lien get paid before the 2nd mortgage?.... assuming the bid / sell price is high enough.
I am a disabled vet receiving 20% disability of $218. per month and $385. per month SSDI. Tax lien of $15,000. I own no property and have no real assets. I have been approved for a state grant that will pay $725. per month to a prospective landlord/condo owner. How much if any can the IRS levy against my Tax Lien? Could this affect my grant? I need to live SOMEPLACE.
I will be entering a second marriage, but I still owe past due taxes. Can the IRS put a lien on her house? Moreoever, can the IRS make us BOTH repsonsible for past due taxes?
Tax lien question? How do I find out if there is a lien on my taxes. I know the person holdign the lien is supposed to send you notification, but they kept a good chunk of last year's refund and I had not received notice then either. Is there a phone number with the IRS I can call that would have that information? They did not keep the entire refund, so would that mean the amount was paid in full?
Tax lien judgement? My husband has tax lien judgement 5 yrs ago and he hasn't paid it off yet. We've filed income tax return for the past 3 yrs and the IRS never sieze the tax refund money. How can I find out if the lien still exist? and how can I settle it with the IRS?
Federal Tax Lien issue on credit report? Last year the IRS filed a $1,0000.00 tax lien against me and reported it on my credit. I finally got them paid off a few months ago and they have released the lien. On my credit, it now shows as a relased tax lien. I have heard that sometimes, if you dispute some negative information on your credit report, a lot of times the reporting agency/company does not respond and it gets removed from your credit bureau file. My question is: What would happen if I disputed the tax lien on my credit report. Considering the IRS has been paid and they have released the lien, what would they do? Is there any hope of success in having it removed from my credit files, also would I be breaking any laws? Please help! One other thing, this released tax lien is the only negative mark on my credit.
state tax lien? so i just checked my credit , and it says "state tax lien" it says it was reported on 9/08/2007. I received a letter from the irs regarding this issue on 9/15/2007 and agreed to a payment plan with them , the first payment was due on 11/15/2007 which was sent already . according to the person who i spoke to at irs, in 2003 when my taxes were claimed HR blocked claimed that i only made 20,000 for that year , Irs is saying that i made more than that. I checked my w-2 for that year and it says that i only made 20,000. so how is that a discrepancy , now my credit is saying i owe this money , even after i agreed to a payment plan with them what should i do ? just to make some clarifications , the only paper the irs sent me was one saying that i had a "tax warrant" i was nervous when i received it so i automatically started a payment plan , now i don't know what to do
Tax lien in Florida? My father has a large tax lien on his house about 80,000. My mother and him hold title to the house. He has been trying to settle but it is going slow. I am hearing conflicted information about taxes and liens. Is it true that the IRS can come in an force you to sell the house even though my mother is innocent in the matter? Is there such as thing as an innocent spouse? What can be done to resolve this issue?
getting a loan when you have a tax lien? Can you still qualify for a mortgage loan if you have a lien from the irs?
I have a state tax lien from 2005? Hope you guys can help me out, here is my situation. I am 25 years old, I was 20 when I started my own business. The store did well for awhile but I ended up closing it up and I owed money to IRS. I have paid my income taxes I was behind on down to 425.00 and I checked my credit report and I have a tax lien on my report from 2005. I'm sure it's sales taxes from about 3 months where I didn't pay, I wanted to but I was dead broke. The lien was on the store itself and inventory in it but the store's inventory was sold right before the lien was filed so the lien is still on me. The problem is I don't know how much I owe, this was a small business and my taxes wheere usually like 300 a month so I'm figuring I owed about 900 to start with plus late fees. Who do I contact to work out a payment arrangment? & Should I keep my bank account? Yes, I have a personal bank account with all my money in it. I don't want them to take all of it so should I get it out?
how does a tax lien effect you getting a mortgage loan? i am a first time (or hope to be) home buyer, and i have a tax lien on me, however i am classified 'currently non collectible' by the irs. so in short,how does this effect my chance of getting a mortgage loan. also, the tax debt is not even in the 5 digits, it that even matters. thanks!
Does an IRS lien affect the title of a property? I have first lien on a property, however the person I finance .........it too had an IRS lien recorded....for not paying his payroll taxes. Do I have to pay for his lien if I want him to deed me back the property? Will this affect my title of the property?
My brother in-law got out of a tax lien, how can he buy another house? He got federal income tax taken out of his paychecks monthly. The IRS decided he owed for 2004 and 2005 even after federal withholding. He made 51,000 a year. His house was appraised at 107,000 with a mortgage of 93,000 (balance is 78,000). he isn't willing to pay more taxes than his federal withholding. I agree with him, I'd refuse to pay for wars orchestrated by this government. Food on the table is more important. The IRS gave notice of seizure on his property. He paid a few friends to burn the house down while he and my sister were on vacation (fire ruled accidental), and the insurance company paid off the balance of the house to the mortgage company (think he said he got some money too) before the IRS was able to legally "seize" the house. He cleared out his bank accounts, has all vehicles registered in my name, and gets paid under the table doing sales and commission. He makes about 3 grand a month now. Will he ever be able to buy a house again? IRS doesn't suspect foul play. The fire was started because of some "faulty" electrical inside the home...this is what I heard. He doesn't plan on rearing his head anytime soon. He has liquidated over 70,000 in assets and placed those in one of the relatives bank accounts. He is silently chunking away money in this bank account, and will continue to do so for years. He has essentially dissapeared under the radar. He is no longer at his current or previous addresses. He has no recorded employment for the IRS to garnish the wages. Basically, he wants to buy a house, but may end up living with relatives or renting the rest of his life. The IRS won't win this one. He only owes 8 grand in back taxes, penalties, and late fees. He only protests the taxes because he owes even more than his federal withholding. He already paid his taxes each month from his paychecks. Now he finds out he owes even more when doing the filing via turbotax. The dunning notices start, and he simply refuses to fund these wars and invasions. A certain somebody has tried unsuccessfully to invade/rebuild two countries. Spending in excess of 1 trillion dollars for the attempt. If you invest in a company who spends money with that reckless regard, would you want to invest any more money in it, or pull out right away? They say tax protesters use the constitution (no income tax is defined in the constitution) as their basis. Federal courts shoot down this argument. Why? They are affiliated with the Government. If he is smart, he will live with relatives or rent from a place that doesn't check credit (individual landlords who rent houses). He's got nearly 6 figures saved, and saving more under the table. He's good for a long time. I fail to see where I assisted him. I had nothing to do with the house fire. I had nothing to do with helping him hide, or paying him under the radar. I simply know of his whereabouts, and I know of his ventures as of late. It is not a crime to know about someone's delinquent tax issues, nor someone's ways of depriving the IRS of property that the IRS plans to steal from the individual. As for the 3 vehicles (all 2006 models), he gave them to me as gifts. I properly paid the gift tax on each car. He reimbursed me for the taxes and title fees. I fail to see how this is illegal. It was a legal gift transaction.
I had an IRS lien placed on me in 1996, how long can it last? My 2006 tax return showed a small refund due me, but when I got the check the IRS had withheld some of the money. This would have been the 1st time since the lien was placed that I was due more than a few dollars back. The original lien was then, and more so now, more than I'll ever be able to pay back. The money was a mere pittance to what I owe, but was very important to me. Is this what I'm to expect the rest of my life? I am a good person who made a regretable mistake years ago. It is severely depressing to think that this will be haunting me to my grave.
What to do about a Federal Tax Lien? Allright here we go, I am currently dating a girl and have been for over a year now. She was previously married. When her Ex and her were together they won a ATV ( worth about 6,000 ) or so. They didn't realize that you had to pay taxes on your winnings. They got divorced he took the ATV ( I believe it says he gets the ATV in the decree ) a couple of months after the divorce was final, they both get a Federal tax lien in the mail. He says he will take care of it but has yet to do it and probably won't as he seems to not care about much. We are looking to buy a house soon and I won't do it until she takes care of this lien as I know it attaches to property. Does anyone have any ideas or know the law on this? She has contacted the IRS but to not much avail. I would say she has as much right to the ATV as he since her name is on the lien to. Can she get the police involved to sell the ATV and pay off the lien? Any answers would be much appreciated. Thank you
If I hire a tax attorney, will this delay the IRS in taking collection actions, such as placing a lien? I owe about 8000 and can pay in a couple of months when I sell my house.
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