A Notice of Federal Tax Lien can provide a number of problems for a taxpayer. Â Recently, the IRS has been releasing the Notice of Federal Tax Lien when a taxpayer successfully has an offer in compromise accepted by the IRS and pays the offer amount. Â This is a wonderful benefit to the taxpayer as the IRS did not always release the tax lien upon payment of the settlement amount, but rather would wait for the five-year compliance period after the offer has been accepted.
The video below has been prepared by a tax attorney at The McGuire Law Firm to provide additional information regarding this issue. Â If you have any type of tax issues with the Internal Revenue Service, contact The McGuire Law Firm to speak with a tax attorney.
