May 1, 2008
What To Do About IRS Tax Liens in Ohio
If you owe back taxes, the IRS will serve you a Notice of Federal Tax Lien and it would be disastrous. Your credit will be destroyed with a tax lien, and you will not be able to borrow against your assets or purchase a new home or car on credit.
The IRS will file a notice of your tax debt in public records offices in counties you operate in if you don't pay your tax bill the deadline.
The IRS is required to serve you a notice prior to a lien being recorded. Before the lien notice is sent to the public records office, you are given the chance to negotiate a settlement or pay the IRS. Avoiding a lien is the most logical choice.
You have the right to a hearing. You can then contest the lien at the hearing. If you are unsuccessful, you may appeal to the U.S. Tax Court or a federal district court.
How a Tax Lien Can Be Released
- Filing for bankruptcy
- IRS agrees to an Offer in Compromise
- Statute of limitations has ended
- Pay tax debt in full
A Certificate of Release of Lien must be sent to you in 30 days. Every lien filed against you should have its own certificate. Make a request from the IRS office of the Chief of Special Procedures where the lien was filed if you do not get one.
Clearing Your Credit
You'll need to obtain your credit report from the credit reporting agencies. See if your credit history has been updated. If not, ask the agencies to contact the IRS or check public records. You may also mail them copies of the certificate. It may be 10 years before the tax lien is erased from your credit records.
Filed under Federal Tax Lien by Len Stauffenger

