As a tax resolution specialist, I provide IRS tax help to individuals and businesses every day - and I can help you solve your IRS problems!

Got questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, how to set up monthly payment plans with the IRS or general questions about tax relief? Call our office today at 1-866-IRS-PROBLEMS or visit www.taxresolution.com for a free risk-free tax resolution consultation.

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QUESTION: If the statute of limitations expires and there is a lien on a property, does the lien expire with the statue?

ANSWER: Generally, the tax lien expires when the 10 year statute of limitations expires.  The 10 years starts the day after assessment (normally 4-6 weeks after a return is filed or when an audit becomes final).

However, you will need the help of a specialized tax professional to assist you in resolving your federal tax lien issues once and for all.

The IRS has the right to re-file the lien 30 days before expiration if they so please.  Generally they do not.

They can also reduce the lien to a judgment (lawsuit) in which case it is good for another 20 years.

When the 10 year Statute expires the Lien is supposed to self-release.  Generally it does not.  When it doesn’t you need to contact the Taxpayer Advocate Service and have them assist you in obtaining the Release of Certificate of Notice of Federal Tax Lien.

I deal with tax problems every day and this year alone, my firm has successfully negotiated hundreds of IRS settlements at a rate of $0.13 on the dollar. For a free, no-risk consultation, please call my office at 866-IRS-PROBLEMS (1-866-477-7762) .

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Tags: IRS Bank Levies, IRS Payment Plans, IRS property liens, IRS statute of limitations, IRS tax help, IRS tax lien, Michael Rozbruch, Payroll Tax Problems, tax audits, tax problem, tax relief, tax resolution, tax resolution expert, tax resolution services, wage garnishment

This entry was posted on Tuesday, June 30th, 2009 at 1:33 pm and is filed under Ask the Expert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.