| Do you have a tax lien on a piece of property that | | | | power as the IRS. |
| you own? If so, you should take this seriously. This is | | | | Additionally, an IRS tax lien will ruin your credit. This |
| not a game that the IRS is playing. They want the | | | | may not seem like a big deal right now, but if you ever |
| money you owe, and are already taking collection | | | | try to get a loan with one reported on your credit |
| actions against you to get it. Even if you ignore the lien | | | | report you can forget about it. This shows that you |
| they are still going to get what is coming to them. A | | | | have a major problem, and in turn your credit score will |
| tax lien is a claim on your property for taxes that are | | | | begin to plummet. It is very important that you are |
| unpaid. Therefore, you cannot sell your house for | | | | aware of how it can impact your credit. Simply put, |
| example, unless the taxes are paid off. | | | | your credit is going to be ruined for the time being. |
| It can be very serious for many reasons. First off, you | | | | You do not want to look at a tax lien as a laughing |
| owe money to the IRS. A lien is not used unless you | | | | matter. This is serious in the eyes of the IRS, and you |
| owe money that you have not been paying for | | | | should feel the same way. If you owe money to the |
| whatever reason. When you are in debt to the IRS | | | | IRS and are not paying it back there is a good chance |
| you are in a serious position because they have a lot | | | | that you will face a lien in the near future. At this point, |
| of power. In addition to a tax lien they can also levy | | | | it is always best to connect with a tax professional but |
| your wages. In other words, they will begin to take the | | | | is not necessary if you have the time to work with the |
| money you owe out of each paycheck. There are not | | | | IRS on a resolution or agreement. |
| many organizations in the world that have as much | | | | |