Business Taxes: Lien

If you have received notification of a federal tax lien against your business, it shouldn’t be taken lightly. Countless businesses have faced this problem. Thankfully, though, there are solutions readily available. The most important thing you can do as a first step is to get familiar with what a federal tax lien is, why it happens and how you can deal with it.

Having your own business demands every bit of your attention, so it is no wonder that payments are forgotten or not made from time to time. Unfortunately, state tax payments are often one of these things. If you have failed to pay state taxes when they are due, you are running the risk of having a state tax lien filed against you.