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Simple English definitions for legal terms

tax lien notice

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A quick definition of tax lien notice:

A tax lien notice is a document that the government sends to a taxpayer to let them know that they might lose their assets because they owe taxes. The notice is also made public so that creditors can see that the government has a claim against the taxpayer's assets. This can hurt the taxpayer's credit score because credit reporting agencies can see the notice. The government can take away the notice if they made a mistake or if the taxpayer agrees to pay the taxes in installments. Some states also have tax liens that work the same way.

A more thorough explanation:

A tax lien notice is a document issued by the Internal Revenue Service (IRS) or state tax department to inform a taxpayer that they owe taxes and risk losing their assets. The notice is recorded in public records, which alerts creditors that the IRS or state tax department has a claim against the taxpayer's assets.

For example, if a taxpayer fails to pay their federal taxes, the IRS may issue a tax lien notice. This notice will be recorded in public records, and credit reporting agencies may obtain the filing and show it on the taxpayer's credit report, which can harm their credit score.

If a taxpayer wants to remove the tax lien notice, they can enter into an installment agreement with the IRS or state tax department to pay off their tax debt. Once the debt is paid, the tax lien notice will be withdrawn.

State tax departments can also issue tax liens. For instance, in California, the Franchise Tax Board can file a Notice of State Tax Lien against a taxpayer who fails to pay their state taxes. This notice can be recorded with one or more local county recorders.

Overall, a tax lien notice is a serious matter that can have significant consequences for a taxpayer's credit score and financial well-being. It is essential to address any tax debt promptly and work with the IRS or state tax department to resolve the issue.

tax lien | tax optimization

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almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
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