The IRS and other tax authorities have the right to file liens against all of your property, and they frequently do this. Because they are the government, this lien will affect your home, even though state laws would otherwise protect your property. But a tax lien also involves the tax authorities the right to seize everything you own, such as your vehicle, money in your bank accounts, and even your retirement savings.
The government usually follows the procedures required by law. But even the government makes mistakes. And if the taxpayer ignores this debt and doesn’t make payment arrangements, the government can begin seizing their property. So a tax lien is an emergency. This lien lets the government take property not only for your tax debt but to also pay any interest and penalties you owe. Often, the interests and penalties are more than the underlying tax debt. Of course, the team at A Fresh Start Law offers you immediate help to solve this overwhelming problem.