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Definition of Federal tax lien
1. Noun. Lien of the United States on all property of a taxpayer who fails to pay the federal government the taxes for which he or she is liable.
Lexicographical Neighbors of Federal Tax Lien
Literary usage of Federal tax lien
Below you will find example usage of this term as found in modern and/or classical literature:
1. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"6323 of the Code) Present and Prior Law A federal tax lien attaches to all ...
However, the federal tax lien is not valid as to certain "superpriority" ..."
2. Financial Audit: Irs's Fiscal Years 2003 And 2002 Financial Statements by David M. Walker (2004)
"Under section 6325 of the Internal Revenue Code, 1RS is required to release a
federal tax lien within 30 days after the date the tax liability is satisfied ..."
3. IRS Restructuring: Congressional Hearings edited by William V. Roth, Jr. (1999)
"As a result, for a period of 10 years or longer, the federal tax lien becomes a
major problem in their ability to obtain credit, and live in a normal ..."
4. Report to the Congress on Joint Liability and Innocent Spouse Issues edited by Donald C. Lubick (1998)
"... after the IRS assesses the taxes and sends the taxpayer a notice and demand
for payment, then a federal tax lien arises by operation of law and attaches ..."