Latest Breaking News
In reply to the discussion: Records show Detroit's emergency manager has tax liens on his Maryland home [View all]LovingA2andMI
(7,006 posts)Technically it was (from the article of course) a lien for NOT paying unemployment TAXES for his Nanny and for NOT PAYING TAXES in 2008, which were LATER satisfied.
The unemployment taxes for the Nanny are still UNPAID, along with taxes for the 2010 & 2011 tax years. Also, if one can have a "comfortable existence" as he put it (read up) what is the problem with not paying ones TAXES timely?
"Another for $9,409 in income taxes for the 2008 tax year against Orr and his wife, Dr. Donna Neale, was entered on Aug. 11, 2010, and satisfied on Oct. 3, 2011.
Two other liens over unemployment taxes $6,985 for the 2010 tax year and $9,201 for the 2010-11 tax years are outstanding, said Frost, who reviewed the records.
From The Detroit News: http://www.detroitnews.com/article/20130316/METRO01/303160352#ixzz2Nl7n1Oqx"
Back to a lien. You noted he had NO IDEA he could be facing a lien and/or notification that a lien was placed his property for not paying taxes. I disagree -- From Prince George County, Maryland website:
"TAX INFORMATION
Ordinary taxes, which include taxes on real property, are due and payable without interest as of the first day of July in each taxable year. Under the annual payment schedule, the taxes are overdue and in arrears on the first day of the succeeding October. Under the semiannual payment schedule, the first installment becomes delinquent as of October 1st and the second installment becomes delinquent as of January 1st. Interest accrues at the rate of one and two-thirds percent (1-2/3%) per month or any fraction of a month until paid (Section 14-603 and Section 14-703). Interest charges are posted on the first day of each month beginning October 1st until paid.
Any unpaid, State, County and city taxes on real property constitute a lien on the real property from the date they become due until paid (Section 14-804).
It is mandatory that the Collector of Taxes sell, at the time prescribed by local law, any property on which taxes are in arrears (Section 14-808).
Thirty days or more prior to the date property is first advertised for tax sale in a newspaper, the Collector is required to mail a statement to the person who last appears as owner on the Collector's tax rolls. This statement contains the owner's name, the amount of taxes due and a notice that if the taxes are not paid, the property must be sold. For this purpose, Prince George's County prepares delinquent tax bills to which the required notice is attached (Section 14-812).
You can read the rest here. Have a wonderful night!!!
One more thing:
If the lien is a Federal Tax Lien, the IRS makes many, many notifications and has various types of payment arrangement plans available with the party prior to placing a lien on personal property of the debtor.
This process is explained at the IRS Website ---> http://www.irs.gov/taxtopics/tc201.html
So to say Orr was NOT AWARE a lien could be placed on his property for due tax bills is a fallacy at best....
Done now!!!