If you’ve received IRS Letter LT-11, it’s natural to feel a wave of panic. No one likes getting mail from the IRS, especially when it’s a Final Notice of Intent to Levy. That phrase alone is enough to send anyone’s stress levels through the roof. But before you assume the...
Tax Liens
How Do Tax Liens Work?
There are different ways to make money in the property market. Some buy and sell properties for profit and others receive rental income from them. Now, investors have a new investment vehicle called a Tax Lien. A tax lien refers to a claim by the government on the property of a...
How Long Do Tax Liens Stay On Your Credit Report?
So How Long Do Tax Liens Stay On Your Credit Report? Good news – tax liens are no longer part of credit reports. Tax liens used to be appear on your credit reports, but in 2017, all 3 credit reporting agencies implemented changes to eliminate civil judgment records (that a...
Tax Liens and Your Credit
For an entrepreneur, you can’t always have money for daily stock. Sometimes, you have to get someone to supply you on credit. So, debts are ordinary in the business world. Of course, no debt is good debt for it has to be paid. It’s even more problematic when you owe the...