It sounds technical, but basically, a lien is a claim the IRS makes to your property. This claim, however, isn’t another notice you can shove in a drawer. According to IRS Publication 594, a lien is a public declaration of the agency’s claim to your property in relation to your other creditors. Not only may it be filed to employers, landlords, and creditors, but the lien can make you lose ground on your credit report.
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