How Does Tax Relief Work: Difference between revisions

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Revision as of 19:54, 31 January 2025

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Clients should be aware that different rules apply once the IRS has already placed a tax lien against them. A bankruptcy may relieve you of personal liability on a tax debt, but in some circumstances won't discharge a properly filed tax lien. After bankruptcy, the irs cannot chase you personally for the debt, nevertheless the lien stay on any assets anyone will stop being able to sell these assets without satisfying the outstanding lien. - this includes your home. Depending upon the lien and when filed, could be be other available choices to attack the validity of the lien.

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