An accountant’s lien gives an accountant the ability to hold onto their client’s paperwork as a type of collateral in order to insure payment for their services. If, for example, an accountant has client who they do any amount of work for, they are entitled to payment based on their agreement or contract. If for any reason the client does not or refuses to pay, the accountant has the ability to hold onto any accounting work that they did (the lien) until they are paid for their services.

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