Educational Tax Tip: The Impact of a Federal Tax Lien on Your Credit and Property

Did you know that a federal tax lien can affect your credit score and limit your ability to refinance or sell property? A lien is the government’s legal claim to your property to secure payment of a tax debt. If you’ve resolved or are actively addressing your tax debt, you may be able to request a lien withdrawal or subordination to improve your financial flexibility. Acting promptly is important to protect your credit and property interests. Having a tax pro on your side is your best option to success.

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