TAX LIEN
A lien is a claim against your property. It’s not an immediate seizure, but it’s a claim that you owe money as a result of not paying the taxes you owe. A tax lien can be placed on your property by the IRS or your state government. Tax liens are also public announcements that you have an outstanding debt with the government.
Tax liens often represent the first option the IRS uses to collect a debt against you, but you have options for how you can approach or even release yourself from...  more