[rjfont16]

I own a condo and the IRS has a lien against the property which shows up on my credit report. The statue of limitations ran out in April 2006, and they never refiled. How do I go about having this removed from my credit report.
Thanks,
Rick

[MukatA]

By law, the IRS has the authority to collect outstanding federal taxes for ten years from the date your liability is due. Usually 10 years after a tax is assessed, a lien releases automatically if we have not filed it again.
Call the credit card company. If they say that IRS has not removed the lien then call IRS for the removal of the lien. They mus release the lien.

[yoskye]

The IRS has placed a levy on my stock account, they never sent a letter until I received the notice of the levy for $16,000 for 2003,2004,2005,2006. They are wrong on the sum. I lost most of it on the stock market last year and was making a come back when they put the levy on. I want to make a offer in compromise, I'm 67 retired and only social security is my income. They have over $5,000 that's left in my account, I lost over $60,000 last year and that's all that is left. I have a 19 year old car, 1992BWM wagon and a few antiques . Can they take the car and furniture if they don't agree on the stock account balance. I had a lien from the 80's in Las Vegas which was all wrong, (they just sent me a bill for $41,000) I hear that the lien is only good for 10years, but still on my credit? I pay my taxes, but they want over $10,000 for 2006 and never made over $28,000? I have to call a attorney next week if I can't get this settled . Thank You Caesar Cibik

[AtlantaTaxExpert]

You need to contact either a tax attorney or an enrolled agent to investigate all of these issues and see about getting a release of the various liens.

You will probably have to liquidate the stock account, but, given your economic situation, nothing else will be seized.