![]() There are several Internal Revenue Code (IRC) provisions that determine eligibility. Discharge of propertyĪ "discharge" removes the lien from specific property. When conditions are in the best interest of both the government and the taxpayer, other options for reducing the impact of a lien exist. The IRS releases your lien within 30 days after you have paid your tax debt. Paying your tax debt - in full - is the best way to get rid of a federal tax lien. For more information, refer to Publication 594, The IRS Collection Process PDF. The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property. Neglect or refuse to fully pay the debt in time.Sends you a bill that explains how much you owe (Notice and Demand for Payment) and.Puts your balance due on the books (assesses your liability).The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.
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