Legal Question in Tax Law in California
I have a tax problem with the IRS to the extent of leins being filed. I am currently working with an CPA to resolve the matter. My husband inherited some money and would like to buy a home. If he did so would the IRS come and attach the home? We live in California.
Asked on 4/24/10, 3:59 am
1 Answer from Attorneys
Ken Koenen, LLM
Law Office of Ken Koenen
Unless you are paying cash for the property, you won't even be able to get a loan with a tax lien. As far as coming after the property, yes, the IRS could seize the property and sell it to pay the taxes. Since you do not indicate the size of the tax problem, it is difficult to give you any advice. You may want to pay the tax, which would release the liens, and then proceed to resolve the problem and claim a refund.
Answered on 4/29/10, 8:40 am
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