Unpaid Federal Taxes, Lead to Federal Tax Liens


Proving that celebrities are not above the law, the IRS recently served rapper Lil’ Kim with a tax lien for allegedly dodging more than $1 million in taxes.

While it is celebrity tax stories that most often make the headlines, businesses and individuals frequently face the serious consequences of having a tax lien filed against them when the IRS determines that federal taxes have gone unpaid. A lien gives the IRS a legal claim to all of a taxpayer’s property as security for tax debt.

The IRS will send a Notice of Federal Tax Lien only after:

• It assesses a tax liability;

• It sends the taxpayer a Notice and Demand for Payment, which details the amount of taxes owed; and

• The taxpayer neglects or refuses to fully pay the debt within 10 days after the Notice and Demand for Payment is sent....

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© CJ (Candida) Griffin, Esq., Pashman Stein, PC | Attorney Advertising

Written by:


Pashman Stein, PC on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.