Remember........"You can have everything in  life you want, if you just help enough other people get what they want."  -Zig Ziglar.

Email: bmsarasota@comcast.net

941-387-0926

See Also

To: Beneficiaries; Estate Administrators and Legal Counsel (both for the estate for any real estate or other closings)

Subject: FROM THE DESK OF BOB PARRISH - TAX LIENS AND ESTATE WORK/BENEFICIARY WITH A TAX LIEN

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FROM THE DESK OF BOB PARRISH - TAX LIENS AND ESTATE WORK/BENEFICIARY WITH A TAX LIEN

  NOTE:  The tax enforcement actions of IRS expire at the end of 10 years ( however watch for actions that of suspended the counting of the 10 years).  Tax liens usually will expire at the end of the 10 year period.  

You must also watch the dates and actions to know when to start measuring the 10 year period from!

I must read the following case - {I will be reading this sometime in the next few weeks, if you would like a copy of the resource materials I use, or my comments, please let me know by return email}, however if we remove any tax lien via installment or OIC arrangement, this may not apply?  But watch courthouse, etc. before issuing title policy.

TAX LIENS.
Even though an heir disclaimed his inheritance, his interest in the estate is still subject to a tax lien under 28 U.S.C. Sect. 6321.
U.S. Supreme Court. Drye v. U.S. December 7, 1999. Lawyers Weekly USA No. 9917137 (14 pages).

Bob Parrish CPA

See also:

Tax Lien Warning - Drve v. US

Tax Lien - Gen Info & Intro

Fed Tax Liens - Forced Release

Fed Tax Lien - IRS Filing Requirements

Fed Tax Liens - Requesting Release

Federal Tax Liens - IRS Pub 1450

 

 

 

Very truly yours,

Bob Parrish CPA, P.C.

by

                                               

       Bob Parrish CPA Engagement Manager