IRS Reissues Guidance for Filing Tax Liens; Updates Procedures in Bankruptcy Cases

The Internal Revenue Service March 18 released a memorandum addressing how agents should handle notices of filing tax liens, especially in situations involving bankruptcy issues (SBSE-05-0314–0016).

When to File Notice of Federal Tax Liens.

In SBSE-05-0314–0016, the IRS reissued guidance (SBSE-05-0313-014) 25 BBLR 484, 4/11/13, dated March 26, 2013, listing the situations in which agents should file notices of federal tax liens where the unpaid balance assessment exceeds $10,000.

The initial guidance reflected the Fresh Start initiative, which increased the minimum unpaid balance assessment at which a notice of federal tax lien is to be filed from more ...