The inadequacies of the lien provision in the family-owned business deduction statute are prompting a series of IRS pronouncements on how to perfect a lien under the statute. A major issue is how to perfect the IRS lien if real estate values are not sufficient to secure the government’s claim in the event of recapture of tax benefits.
Harl, Neil E.
"IRS Thinking on FOBD Liens,"
Agricultural Law Digest: Vol. 13
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol13/iss3/1