![]() ![]() If you don’t pay or make arrangements to settle your tax debt, the IRS can levy, seize and sell any type of real or personal property that you own or have an interest in. A levy actually takes the property to pay the tax debt. A lien secures the government’s interest in your property when you don’t pay your tax debt. If you can’t pay the full amount you owe, payment options are available to help you settle your tax debt over time. If you can’t file or pay on time, don’t ignore the letters or correspondence you get from the IRS. You can avoid a federal tax lien by simply filing and paying all your taxes in full and on time. Bankruptcy - If you file for bankruptcy, your tax debt, lien, and Notice of Federal Tax Lien may continue after the bankruptcy. ![]()
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