09 / 18 / 12

Why A Tax Lien Could Be Worse Than You Think

Have you developed a false sense of security?

Maybe the IRS placed a lien against your property as a "warning shot across the bow", but you haven't responded.

Sure, the tax lien can ruin your credit and make it virtually impossible to sell your house, but it doesn't necessarily put a damper on your day-to-day finances.

Besides, the fact is – a tax lien doesn't necessarily give the IRS what they really want...the tax money you owe them.

That's when they start getting nasty...If you've been notified by the IRS either over the phone or by mail that you owe them, that's all the warning you get.

The IRS can take your money if you don't give it to them voluntarily.

If after contact, you don't pay them completely and voluntarily - they have the right to take every penny that you owe from them...one way or another.

They don't have to take you to court or sue you to get their money. If they've sent the collection notices and you've refused to pay or haven't paid in full – that's all they need to do.

That's when it can get ugly:

  • They can dip straight into your bank account and take your money
  • They can garnish your wages or salary
  • They can take your social security, 401(k) or IRA's
  • They can take any money owed to you – like accounts receivable or sales commissions
  • Plus, they can seize your property: Cars / Boats / Motorcycles/Homes / Vacation Property / Investment Property

They'll do it too. Consider this... from 2005 to 2006, levies increased by 36%.


Just ask Christopher Gronski of Rochester, New Hampshire. As the owner of a window-washing company, he sincerely does not believe that the IRS has the right to tax him.But they still levied his bank account and took his money.

**Bryson Law Firm, LLC is a Louisiana law firm focusing 100% of our practice on helping people and businesses solve their IRS and Louisiana state tax problems. We have offices throughout the state in Lafayette, Baton Rouge, and Shreveport**