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Treasury Decision 8810  Notice and Opportunity for Hearing Upon Filing of Notice of Lien Temporary and Proposed Regulations Un  Form

Treasury Decision 8810 Notice and Opportunity for Hearing Upon Filing of Notice of Lien Temporary and Proposed Regulations Un Form

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Instructions and help about Treasury Decision 8810 Notice And Opportunity For Hearing Upon Filing Of Notice Of Lien Temporary And Proposed Regulations Un

a notice of federal tax lien is a filing by the IRS in state and or County records that puts the world on notice the whole world that you owe the IRS back taxes and that the United States has a claim on your assets here's what a notice of federal tax lien looks like uh this one was filed by the IRS against actor Nicholas Cage you can see that here name a taxpayer Nicholas Coppola AKA cage uh notification shows the year or years for which the taxpayer owes tax debts uh the assessment that the IRS made for the 2008 year against Nick Cage was over 6.7 million dollars and they filed this notice of federal tax lien against him now you can imagine that this can create some trouble for you if you're trying to get a loan especially alone secured by some asset right because what this notice of federal tax lien has done is it has put the whole world on notice that the IRS has a claim on your assets so A lender might be pretty spooked by being in competition with the United States

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