house keys with "Tax lien sale" written on yellow tagFamous talk show host and comedian Conan O’Brien has had his home removed from a Rhode Island auction, after finally paying the back taxes he owed on the property.

It was reported that 51-year-old O’Brien, known to fans as ‘Conan’ paid his $8,000 debt on Friday of last week. “The property near the Westerly shore is valued at about $723,000. It was among several the town planned to auction Tuesday to settle delinquent tax bills,” wrote The Associated Press. “O’Brien publicist Drew Shane issued a statement saying O’Brien had been unaware he owed back taxes. He blamed the problem on a clerical error that prevented the bill from reaching O’Brien’s accountant in Los Angeles.”

O’Brien now joins the long list of celebrities and Americans who have been in trouble due to delinquent taxes.

Annually, many American’s fall behind on their bills and fall victim to tax debt. If you fail to pay your debts, before you know it, your home could be sold at auction and your personal belongings tossed on the street. Furthermore, Tax Return Audits by the Internal Revenue Service (IRS) are increasing each year.

Below is tax terminology and facts about tax liens.

What is a tax lien?

A tax lien is a lien imposed by law upon a property to ensure taxes are paid in full. A tax lien may be imposed on real or personal property.

How do states handle tax liens?

For most states, a tax lien is the initial action in seeking tax enforcement against past due taxes, and can even be the precursor to wage garnishment and other measures.

Why is tax information made public?

According to some states like Pennsylvania, “All information on the tax delinquent list is public information as a result of a lien recorded in a county Prothonotary’s Office where the taxpayer resides or does business.”

If you or someone you know owes back taxes to the IRS, or has failed to pay their state property tax and now owes money to their state, it is best to seek the help of a professional. Tax resolution attorneys are well-versed in tax law, and can help your pay your back taxes in no time at all by setting up a payment plan that is suited to lifestyle and particular timeline.

The professional tax resolution lawyers at U.S. Tax Shield possess leading industry knowledge and knowledgeable about tax resolution laws. U.S. Tax Shields A+ Better Business Bureau (BBB) rating is testimony to the respect and appreciation they have earned from past clients. Resolve your tax debts today by contacting a tax specialist.