WHAT IS THE 45-DAY RULE?
The 45-Day rule grants lenders priority over the federal tax lien to the extent the loan or purchase is made (a) within 45 days of the filing of the notice of federal tax lien or (b) before the lender had actual knowledge of the filing, whichever comes first (45 days from filing or actual knowledge).
Due to the magnitude of the stakes in play, the taxpayer should seek help from a tax professional who has extensive experience dealing with the Collection Division of the IRS. We have a great deal of experience dealing with both the lender’s and the taxpayer’s side of these issues.
DMG Tax Relief offer free consultations for people or businesses facing unresolved tax liabilities.