Does a Federal Tax Lien hurt my credit?

By Michael Sullivan | Published: October 6, 2009

You better believe it! It kills your credit. The IRS tax lien is a destroyer to all those who want to ever get a loan.

Caution!
Once a lien is filed, your credit rating may be harmed. You may not be able to get a loan to buy a house or a car, get a new credit card, or sign a lease. Therefore, it is important that you work to resolve your tax liability as quickly as possible, before lien filing becomes necessary.

This is the case because IRS can seize an item you have just purchased. You want to stay away from this federal tax lien as much as possible. People can never make the aformentioned purchases once this lien is filed. You will need a release of the federal tax lien to resolve this problem.

About Fresh Start Tax

Call, Chat, or Email us to schedule a FREE CONSULTATION with Expert Tax Attorneys or former IRS agents who can help you with your specific IRS tax problem such as Unfiled Tax Returns, IRS Tax Levy, and IRS Tax Settlements. Fresh Start Tax, LLC., is an IRS Tax Specialty Firm with over 205 years combined IRS tax experience and who has offices located in South Florida since 1982.

Related posts:

  1. Federal Tax Lien and Your Credit Report.
  2. Federal Tax Lien
  3. How long is a Federal Tax Lien good for?
  4. The Federal Tax Lien Update from the IRS. Refinancing your mortgage.
  5. Federal TAX LIEN filing
This entry was posted in Uncategorized. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Solve Your Tax Problems Today!
  • Free Professional Tax Consult    "A" Rated
  • Our staff has over 205 years of professional tax representation experience. Since 1982
  • Staff comprised of Board Certified Tax Attorneys, CPAs, Former IRS Agents, Managers and Instructors
  • We taught Tax Law at the IRS
  • We are licensed and certified to practice in all 50 states
  • We have saved our clients millions of dollars since 1982

  • Get Help Today






    captcha

  • Offers in Compromise/Settlements
  • Immediate Release of Bank Garnishments or Wage Levies
  • IRS Notices/Bill of Intent to Levy or Final Notices
  • IRS Tax Audits, Large and Small Dollar
  • Hardships Cases, Payment Plans, Installment Agreements
  • Payroll Tax Liability – Trust Fund Penalty Cases
  • Unfiled, past due taxes - Federal and State