Glossary

Partial Lien Release Requests enable taxpayers to request a release of a portion of a lien on their property, facilitating financial flexibility and compliance.

The Senior Citizen Tax Deferral Program allows eligible older homeowners to defer their property taxes, aligning tax obligations with financial planning for retirement.

Abandoned property tax liens arise when property owners fail to pay taxes, allowing municipalities to levy a lien. Property tax compliance prevents legal consequences.

Redemption Deed Procedures involve reclaiming property sold at tax sales, ensuring proper compliance with tax obligations.

Landlord-Tenant Tax Obligations entail the responsibilities and tax compliance required between property owners and renters. This covers filing, payments, and adherence to legal stipulations.

Automatic withdrawal of tax liens refers to the process where the IRS removes a previously filed Notice of Federal Tax Lien from a taxpayer’s property, enhancing taxpayer creditworthiness upon compliance.

IRS Publication 783 provides a thorough guide for taxpayers seeking to release a federal tax lien impacting their property transactions.

Corporate Property Tax Liens are legal claims against a corporation's property for unpaid taxes, crucial for ensuring tax compliance and financial accountability.

Understanding lien sale reporting requirements is crucial for tax compliance. This guide details the essential components, filing mandates, and penalties associated.

Real Property Tax Roll Updates are systematic revisions to the tax records reflecting changes in property ownership, value, or exemptions. These updates are crucial for accurate tax assessment and compliance.