SILENT AUTOMATIC LIEN
Silent automatic lien is also referred to as ‘automatic tax lien’. It is the kind of lien that does not show up in any public record. The usage of silent automatic lien is done by the IRS as a method for the collection of unpaid taxes in the case that the taxpayer fails to pay taxes despite previous measures to collect them such as sending letters and phone calls. There are two kinds of lien and the other one is the federal tax lien which is the opposite of the silent automatic lien as it is public.
POPULAR TERMS
Growth Accounting
Technique of assessing a set of economic techniques or theories to identify the specific factor(s) influencing an economy’s growth. Areas fre ...
Zero-Sum Game
Zero-Sum Game refers to a situation wherein the gains of a participant is another participant’s losses. The gains shall only amount to how mu ...
Character Loan
Unsecured loan based on the borrower’s reputation and/or credit history. Normally, they can obtain only small loans through this method. If t ...
Terence Conran
Founder and Chairman of Conran Holdings Ltd., London-based design firm. His career began when he worked with Rayon Centre as textile designer in 19 ...
Short-Term Investments
Short-Term Investments is an account that is composed the investments of the company that has an expiration date of one year or less. Typically, th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:00 | MI Inflation Gauge | Dec | |
02:30 | ANZ Jobs Advertisements | Dec | |
05:05 | Trade Balance | Dec | |
10:00 | SECO Consumer Confidence | Dec | |
23:00 | NZIER Business Confidence | 4 quarter | |
01:30 | Westpac Consumer Sentiment | Jan | |
01:50 | Bank Lending | Dec | |
01:50 | Current Account | Nov | |
07:00 | Economy Watchers Survey | Dec |