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Simple English definitions for legal terms

notice of tax lien

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A quick definition of notice of tax lien:

Notice of tax lien: A document that the government sends to let you know that you owe taxes and that they have a claim against all your property. This means that if you try to sell your property, the government will get paid first. The notice is public, so it can hurt your credit score. The government can take away the notice if they made a mistake or if you agree to pay your taxes in installments. Some states also have their own tax liens.

A more thorough explanation:

A Notice of Tax Lien is a document that the Internal Revenue Service (IRS) releases in public records to inform a taxpayer that they owe taxes. This notice alerts the taxpayer's creditors that the IRS has a claim against all of their property.

For example, if a person owes $10,000 in federal taxes and fails to pay, the IRS may file a Notice of Tax Lien against them. This notice will be made public, and credit reporting agencies may obtain the filing and show it on the taxpayer's credit report, which can harm their credit score.

If the taxpayer has entered into an installment agreement to pay off their tax debt, the IRS may withdraw the Notice of Tax Lien. Additionally, if the Notice was not filed according to IRS procedures, it may be withdrawn.

State tax departments can also issue tax liens. In California, for instance, the Franchise Tax Board can file a Notice of State Tax Lien against a taxpayer who has failed to respond or pay their tax debts in full. This notice can be recorded with one or more local county recorders.

Overall, a Notice of Tax Lien is a serious matter that can have significant consequences for a taxpayer's credit score and financial well-being. It is important to address any tax debts promptly and work with the IRS or state tax department to resolve them.

Notice of Pendency | Notice Pleading

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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