Tag: Notice of Federal Tax Lien
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Understanding IRS Form 668-Y: How Steve Perry, EA Can Help You Navigate Federal Tax Liens
IRS Form 668-Y, Notice of Federal Tax Lien, alerts taxpayers that the IRS has legally claimed their property due to unpaid tax debt. This public notice can harm credit, restrict financial flexibility, and jeopardize property ownership or transactions. Ignoring it can lead to wage garnishment or asset seizure. Steve Perry, EA, of Books Taxes &…
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Understanding IRS Letter 3172 and How Steve Perry, EA Can Help
IRS Letter 3172 notifies taxpayers that a Notice of Federal Tax Lien has been filed due to unpaid tax debt, giving the IRS a legal claim on their property. This lien can severely impact credit, complicate financial transactions, and damage personal and professional reputations. Importantly, the letter offers a limited window, usually 30 days, to…