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a federal lien a federal tax lien is the governmentamp;#39;s legal claim against your property when you neglect or fail to pay your tax debt the lien protects the governmentamp;#39;s interest against all of your property most people immediately think of a lien being filed against their home but when the IRS files a lien it encumbers everything you own including your bank account retirement accounts Investments vehicles and business assets held in your personal name and of course your real estate the tax lien also encumbers property that you may acquire in the future thatamp;#39;s right people are often unaware that the lien applies to any property that you acquire after the lien was filed so if the IRS files a tax lien against you today and you buy a new house five years from now the lien will attach to that new property as well so the next question is how do I get rid of the lean the two most common ways to get rid of a tax lien are number one pay the tax either through an installm