It’s right up there on the list of questions no business owner wants to have to deal with: What happens if my business gets slapped with a tax lien?
A tax lien is exactly what it sounds like — a claim upon your assets as a consequence of unpaid taxes. At the federal level, the IRS filed just over 470,000 tax liens in 2016. (You can learn a lot more about the IRS’s practices and policies on liens and levies at www.irs.gov.)
But the power to file a tax lien doesn’t stop there.
“You can assume that any taxing authority has a right to
Take These Steps When the IRS Comes Calling With a Tax Lien
The government doesn’t mess around when you owe it money. Do what you can to get out in front of your tax debt.
Sep 18, 2018
| by Erik Gunn |
