Bitcoin and other forms of cryptocurrency are growing in popularity in Maryland, Washington D.C. and across the world. People who are using this new form of currency may be excited about being involved in a potential game-changer that will be prominent in the future....
Maryland residents who owe money to the Internal Revenue Service could have a tax lien placed on their property. This is true whether a person owes personal or business taxes. When a lien is placed on an item, the government is saying that it has a legal interest in...
When a homeowner in Maryland or any other state fails to pay taxes, it could result in a lien being placed on that person's property. Eventually, it could lead to the property being sold at auction. In one case, a home was auctioned twice to two different bidders...
The word choate is one that Maryland residents might not be familiar with. If something is choate, it is considered to be justifiable against other claims. This concept generally comes into play when the IRS puts a lien on a person's property for failing to pay an...
A variety of reasons could cause a person in Maryland to fall behind on his or her federal taxes, but the federal government has substantial powers to compel someone to pay. A federal tax lien represents the government's claim on a person's personal or business...
Maryland residents who are interested in redeeming tax liens on properties in order to secure deeds to them might be interested in a North Carolina case that examined whether local tax liens or federal tax liens are superior. The case involved a property that had both...
While the following story doesn't come from here in Maryland, the lessons it teaches about businesses and tax liens are applicable no matter where it originates. A start-up company in San Antonio, called Vysk Communications, has been hit with a tax lien by the...
The word "process" is boring and dull, and it is meant to make you feel bored. It is a term that no one wants to think about for too long. It's vague and uninteresting -- and yet, in relation to the Internal Revenue Service an tax issues, the word "process" holds...
We have written about tax liens before, and today we have an interesting story about this imposing penalty that the Internal Revenue Service can apply to those who run afoul of tax laws. MSNBC has at least six host or pundits right now that are under a tax lien, with...
Imagine that you rack up some debt with a creditor, and as time goes by your creditor expects to be paid back. But after you fail to pay, the creditor grows tired of waiting and informs you that you must comply with the loan agreement. You still refuse to pay.Now, in...
