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IRS tax liens rise and can hurt access to credit and employment

Reported · Written up by our desk · Sectors

Federal tax liens filed by the IRS are increasingly showing up on public records, and a consumer advocate says the fallout can extend beyond taxes owed, affecting employment prospects and limiting access to credit.

CNBC Markets reports that these IRS liens can act as a barrier when people try to secure loans or other forms of credit, even as the liens themselves are tied to unpaid federal tax obligations.

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