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How long are tax liens good for?

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How long are tax liens good for?

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The IRS will generally pursue the debt aggressively, utilizing internal and private collection agents. On older tax debts, the IRS may potentially no longer have an interest in collecting the debt. According to the IRS, “usually 10 years after a tax is assessed, a lien releases automatically if we have not filed it again.” In some cases, they may place levies on bank accounts, garnishments of income tax refunds and even seizure of personal property. Paid tax liens remain on your credit report for 7 years from the payment date. Unpaid tax liens remain on your credit report for 15 years.

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