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MShore, Attorney
Category: Legal
Satisfied Customers: 25285
Experience:  Negotiate, Draft, and Review many complex commercial agreements each year.
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can i start a corporation if I have an irs tax lien

Resolved Question:

can i start a corporation if I have an irs tax lien
Submitted: 8 years ago.
Category: Legal
Expert:  MShore replied 8 years ago.
Yes you can, the IRS lien does not prohibit you from starting a company. It may however hinder your ability to obtaining financing for the company if you are seeking a loan.
Customer: replied 8 years ago.
I guess what I need to know is if there are receivables and money in the company account will they freeze the corporations assets or is personal seperate from corporate.
Expert:  MShore replied 8 years ago.
Personal is separate from corporate if the business owner sets up the business as a separate entity by securing an EIN and registers the corporate in a state.
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