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Finding State Tax Liens and Federal Tax Liens |
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Wednesday, 13 December 2006 |
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What many people may not know is that state tax liens are public information in the United States of America. This means that it is virtually impossible for a person to hide the fact that they have state tax liens against them. A person can easily find out if they currently have or have ever had tax liens filed against them. Not only this, but they can look into finding state tax liens that may be held or have ever been held against someone they know. Finding state tax liens is not a difficult process at all for most people.
A person simply has to go to a record’s office when it comes to finding state tax liens. The process of finding state tax liens is not difficult at all and can answer a lot of a person’s questions. When a person goes about finding state tax liens, they can also look up the tax liens by name or property. The property does need to be known when a person wants to go about finding state tax liens and information, because the individual will need to go to the County Clerk’s Office in the specific county of the property. The Tax Commission is unable to give out information about the state tax liens of other people. This is a great way for a person to go about finding state tax liens against themselves and figuring out of they have any tax liens against their own person, but this is not a way in which finding state tax liens against others can be performed. Federal Tax Liens: There are different kinds of tax liens that can be imposed upon an individual’s property or real estate. One of the most frequently seen types of tax liens in the United States are federal tax liens. Federal tax liens are imposed by the United States government in conjunction with a number of different types of taxes required of individuals to the United States Government. Some of these different categories that can lead to the placement of tax liens include failure to pay the total amount due of income tax, gift tax or real estate and property taxes. After the failure to pay owed taxes in any of these or other categories, federal tax liens are imposed on a person’s property until the taxes are paid in full. If the home is sold, the federal tax liens are then inherited by the person or persons who purchase the property. In most cases, this does not happen since real estate researchers are often hired to research the specifics of the property, including whether or not any tax liens are in existence. In some cases, tax liens are mistakenly overlooked and the federal tax liens are transferred from one individual to another through the transfer and sale of the property. However, with federal tax liens there is a statute of limitations that exists. Tax liens put in place by the federal government after November 6, 1990 become void, or unenforceable, after ten years from the date of the implementation of the federal tax liens has elapsed. Sometimes extensions to the tax liens or various circumstances can affect this statute of limitations on federal tax liens. |