L is for Lien and Levy

Levies are different from liens. A lien is a legal claim against your property to secure payment of your tax debt, while a levy actually takes the property to satisfy the tax debt. A federal tax…


house with chain and padlock - tax levy - SFS Tax Problem Solutions

Stop an IRS Tax Levy

Of all the creditors or companies, you might owe money to, the Internal Revenue Service can be the least forgiving about debt. If you don't pay your taxes, the IRS will levy and take possession of…