IRS Changes Lien & other payment processes

The IRS announced in Notice 2011-20 changes to its lien filing process.  Taxpayers who have had an IRS lien placed on their assets can now have that lien withdrawn if they owe less than $25,000 and enter into a direct debit installment agreement.  Additionally, the IRS raised the thresholds for lien filings, though the threshold amount is kept quiet. 

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Source: feeds.networkingphoenix.com

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