Owe back taxes and think the IRS doesn't realize it? If you continue to ignore the problem, you will eventually end up with the IRS placing a Federal Tax Lien on your property, typically including your home.
A Federal Tax Lien means that the IRS has the right to seize the property if you fail to pay your back taxes. Continue to ignore your tax debt, and you will receive a notice that the IRS is demanding immediate payment, or your property will be seized. Once you receive this notice, you'll either pay within the specified time, or your property, including your house, can be seized and auctioned off to satisfy your debt.
IRS Tax Lien Help
Having the Federal Tax Lien removed is the only way you can assure that your personal property will not be seized. The simplest way of removing tax liens is by paying in full. Thirty days after payment is received, the lien is removed. If cash is paid, the lien is immediately removed.