Certificate Of Discharge Form Withheld In Massachusetts

• Category: Federal - IRS - Tax Liens
• State: Multi-State
• Control #: US-00110
• Format: Word; Rich Text

Description

The Certificate of Discharge form withheld in Massachusetts is used to request the release of a federal tax lien on specific property under the provisions of the Internal Revenue Code, primarily section 6325. This form requires detailed information, including the name and address of the applicant, descriptions of the property involved, and details about the taxpayer's remaining property subject to the lien. Key features of the form include a declaration under penalties of perjury, the listing of encumbrances, costs associated with property sale, and an estimate of the property's fair market value. Filling out the form accurately is crucial for its approval, and it may involve appraisals or additional documents depending on the situation. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form essential for navigating tax lien releases. The utility of the form extends to those involved in real estate transactions or tax advisory roles, as it helps facilitate property sales and protect the interests of taxpayers while ensuring compliance with federal regulations.