The IRS tax lien expires when your tax debt is no longer collectible. The general rule is that the IRS has ten years to collect delinquent taxes, but a number of events can extend this period. Beginning the Collections Period The IRS has ten years to collect taxes,...
Month: February 2019
Does Bankruptcy Discharge a Tax Lien?
A bankruptcy can eliminate certain types of tax debts, but it does not remove a federal tax lien. If a Notice of Federal Tax Lien has been filed against your property, it can complicate your bankruptcy case. You should talk to a tax attorney before filing for...