What is an IRS Tax Lien?

The other major reason you should try to prevent having a tax lien filed, is the affect if has on your credit. A tax lien will lower your credit score and show up whenever someone pulls a credit report. The tax will make it more difficult for you to borrow money for a car or a home or get credit for any purchase.

Respond to any IRS notice you receive and you may be able to prevent the lien. If you owe the IRS 25,000 or more a tax lien will be filed. If you are able to pay your liability below 25,000, the IRS may not file a lien.

If you need assistance in handling your IRS tax debt, contact Effectur. Our experienced Tax Consultants can help you determine which type of resolution is best for your circumstances.