One suitor's broker was considering sending a good amount of funds to the IRS agent pestering him about a federal tax lien. I advised the suitor to tell the broker to be sure that he had a confirmation of the Notice of Federal Tax Lien in hand before diverting the funds. He did.
The IRS agent faxed over the confirmation and it was actually the Release of Lien. It said in the explanation:
Quote:
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With respect to each assessment below, unless notice of lien is refiled by date in column (e), this notice shall constitute the certificate of release of lien as defined in IRC 6325(a).
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The typical verbiage on a federal tax lien in the form of a NFTL is:
Quote:
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IMPORTANT RELEASE INFORMATION: For each assessment listed below, unless notice of lien is refiled by the date given in column (e), this notice shall, on the day following such date, operate as a certificate of release as defined in IRC 6325(a).
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I read it three times to digest it properly and handed it back to the suitor saying, "This is the Release of Lien."
Ain't life wonderful?
http://ecclesia.org/forum/uploads/bo...nt/suitors.zip
Regards,
David Merrill.