Federal Tax Lien

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Dictionary Says

Definition of 'Federal Tax Lien'

A federally authorized lien against any and all assets of a taxpayer who has unpaid back taxes. The lien allows the Internal Revenue Service (IRS) to secure or otherwise requisition the taxpayer's property in order to secure payment. Federal tax liens can be assessed for unpaid taxes of any kind, including income, self-employment, gift or estate taxes.    
Investopedia Says

Investopedia explains 'Federal Tax Lien'

Federal tax liens differ from tax levies in that they only denote the government's right to seize property, as opposed to the actual seizure of it. The IRS will often "perfect" a tax lien by filing notice with states and other creditors that it is first in line to receive payment for back taxes. Having a federal tax lien will substantially downgrade one's credit score, and in many cases this lien must be paid off in full before the taxpayer can obtain financing.
Search results for

'Federal Tax Lien'

  • IRS Asset Seizures: Could It Happen To You?

    http://www.investopedia.com/articles/tax/09/enforced-collections.asp
    ... (Learn more about Form 9465 in Form 9465: Don't Pay Your Back Taxes Without It.)
    Tax Liens A federal tax lien is a public notice that someone owes back taxes ...

  • Encumbrances And Nonpossessory Interests In Real Property

    http://www.investopedia.com/articles/mortgages-real-estate/12/encumbrances-nonpossessory-interests.asp
    ... A federal tax lien, for example, may be filed with the court in the county
    in which a delinquent taxpayer's real estate is located. ...

  • Top 9 Solutions To An Unexpected Tax Bill

    http://www.investopedia.com/articles/tax/08/unespected-tax-bill.asp
    ... One reason you may not want to take the installment payment route is that the
    government can still file a Notice of Federal Tax Lien on your property until ...

  • Your Kid's College Loan: Who Should Foot The Bill?

    http://www.investopedia.com/articles/pf/10/federal-student-loans.asp
    ... by the Department of Education for federal student loans. ... a default determination,
    bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment ...

  • Timely Help For Tax Procrastinators - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0410/Timely-Help-For-Tax-Procrastinators.aspx
    ... points out Mark Luscombe, principal federal tax analyst at ... the Treasury Inspector
    General for Tax Administration, the ... actions, such as slapping a lien on their ...

  • CFA Level 1 Study Guide - Fixed Income Investments - Bondholder's ...

    http://www.investopedia.com/exam-guide/cfa-level-1/fixed-income-investments/bondholders-rights.asp
    ... 14.23 Mortgage-Backed Securities (MBS); 14.24 Federal Issues; 14.25 Bondholder's
    Rights; ... Sector Spreads; 14.32 Options and their Benefits; 14.33 After Tax Yield ...

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