Tax Liens – What They Mean, and How to Deal With Them

In this episode, attorney Lance Drury unpacks the complexities surrounding IRS tax liens. He breaks down what liens are, how they differ from levies, how they affect your property and finances, and the options available to taxpayers. Lance also discusses common misconceptions, how liens can impact real estate transactions and credit, and the role of title companies in lien resolution. It’s an essential guide for anyone facing tax debt and wondering what comes next.

Key Timestamps:

00:01 – Welcome and show introduction
00:31 – What is a tax lien vs. a tax levy?
01:57 – How liens are filed and what property they attach to
02:21 – Challenges with title companies and lien releases
03:34 – How liens impact refinancing and selling your home
04:59 – Do liens affect credit scores and business dealings?
05:54 – What triggers the IRS to file a lien
06:59 – How to remove or withdraw a lien
08:03 – What property a lien attaches to, and what the IRS won’t pursue
08:49 – Do liens expire? Understanding the collection statute
09:52 – Advice for homeowners with tax liens
11:03 – Common misconceptions about liens
12:37 – Why taxpayers now have to do more to resolve liens
13:09 – Final thoughts and call to action

About the Show:

Resilience and Resolve with Lance Drury is a legal podcast designed to help individuals and business owners understand their rights and options when dealing with the IRS. Hosted by legal expert Lance Drury, each episode provides practical insight into tax law, debt resolution, and protecting your financial future.