PROBLEMS WITH THE IRS?

We can help.

Mike Wallen

I'm Mike Wallen, President and Founder of Highland Tax Group, Inc., and I've been helping clients resolve their IRS tax issues since 2004.

As a boutique firm, you’ll get a personal, hands on experience as we work together to resolve your IRS problem.

Solutions for Individuals

IRS Payment Plan or Installment Agreement

If you can’t meet all of your tax obligations, we help you establish a payment plan or installment agreement to pay over time.

IRS Offer in Compromise

An offer in compromise allows you to settle your tax debt for less than you owe.

IRS Currently Non-Collectible

If you agree that you owe the IRS, but you can’t pay in your current financial situation, the IRS may place you in “currently not collectible” status. 

IRS Penalty Abatement

Under certain circumstances, the IRS may provide relief from an administrative penalty for failing to file or pay your taxes on time.

IRS Lien Release / Subordination / Discharge

If the IRS has a lien on your property to secure a tax debt, in some circumstances, they will agree to release or discharge a lien or make the tax lien secondary to other liens such as your mortgage.

Solutions for Businesses

IRS Payment Plan or Installment Agreement

The IRS offers both short and long-term payment plans depending on the amount of combined tax, penalties, and interest, including partial payment plans, increases in agreements over time, and balloon payments. 

IRS Currently Non-Collectible

In CNC status, the IRS will refrain from placing levies on your business accounts or assets, allowing your business the time it needs to recover and pay your taxes.

Employment Tax Problems and Workouts

We can help you resolve payroll tax problems with the IRS and ensure your business gets back on track with the IRS. 

Officer Trust Fund Recovery Representation

If the IRS seeks to make you the “responsible person” for the business, alleging that you’ve “willfully” failed to collect or pay 941 taxes, we can help.

IRS Penalty Abatement

If you have an IRS tax penalty against your business for failure to file or pay your taxes, the IRS may waive it if your business has generally complied with all tax filings and payments in the past. 

Additional Services

IRS Audit Representation

If you receive notice of a tax examination, audit, or correspondence audit from the IRS, we can help. 

IRS Investigation

If you’re unsure what taxes you owe or whether you’ve missed a filing, we can help. 

IRS Lien Release / Subordination / Discharge

The IRS can place a lien on your property or assets for back taxes, see how to get this problem resolved, for good.

IRS Levy Release / Garnishment Release

If the IRS believes you owe taxes, they can levy your accounts, freezing your bank account and garnishing your paycheck, social security payments, and more. 

IRS Seizure Threats

If the IRS believes you owe unpaid taxes, they can be aggressive in seizing property, levying assets, and placing liens on your property. If the IRS is threatening you with asset seizure, let us go to work for you. 

We Understand What Worries You

The IRS sends me threatening letters, can they levy my bank accounts?

Do I need to give the IRS information about my bank accounts and assets?

How do I know my accounts have been protected from levy action after I hire Highland Tax Group?

After I hire Highland Tax Group, do I need to provide any information?

If I obtain a settlement (Offer in Compromise) with the IRS, do I have to pay the entire amount upfront or in advance?

I am purchasing a home and have an IRS balance owed, what can I do to be sure the purchase goes through to closing?

WE LET OUR CLIENTS SPEAK FOR US

I am purchasing a home and have an IRS balance owed, what can I do to be sure the purchase goes through to closing?

While we are recommending staying away from a purchase until your IRS balance is resolved (through a payment plan, or otherwise), you can still possibly qualify for a home. We recommend working with your underwriter or mortgage professional to determine the needs they are looking for on their side. Each underwriter is different, be upfront and detailed about your tax problem. Most mortgage groups require an installment agreement, a letter from the IRS, and 3 on-time payments.

If I obtain a settlement (Offer in Compromise) with the IRS, do I have to pay the entire amount upfront or in advance?

The answer is no. There are a few different options regarding servicing and fully paying your settlement amount with the IRS. The myth is you must fully fund the offer upon acceptance. You can pay it over a small term of 6 months or a more long-term time frame of 24 months. The answer to this question further depends on the offer amount and how quickly our clients can come up with the funds to fully fund the agreed upon Offer in Compromise settlement.

After I hire Highland Tax Group, do I need to provide any information?

Yes, you will generally need to provide proof of estimated deposits, federal tax deposits (both on an ongoing basis), financial information and source documents, as well as tax returns if needed. We’ll gladly inform you of what items need to be prepared and when, on an ongoing basis.

How do I know my accounts have been protected from levy action after I hire Highland Tax Group?

The first step we take is filing the Power of Attorney form and contacting the IRS immediately. Upon speaking with the IRS, we confirm what you owe, if there are any missing returns, the status of your case, and confirm and obtain a collection hold. We keep the IRS off your back while we are working to resolve your case.

Do I need to give the IRS information about my bank accounts and assets?

This is a yes/no answer. If you owe the IRS more than $10,000 in 941 tax liability you can fully expect to have to provide information about your business. If the liability is more than $25,000 in 1120 income tax debt, the same thing applies. However, if you owe less than $50,000 in personal income tax debt or trust debt you may not have to provide information about your personal finances. Good news, we review and screen ALL financial information first, to ensure we are not exposing you or your business to any potential threats.

The IRS sends me threatening letters, can they levy my bank accounts?

In some circumstances, yes, the IRS can absolutely levy your bank accounts to collect a debt. However, they must go through a series of notices prior to issuing a levy. Upon Contacting US and sending us the notices you have received by the IRS; we will be able to discern if you are in safe harbor.