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Sneak Preview – Website Updates Part VI

IRS Tax Lien Release/Subordination/Discharge When the IRS slaps a tax lien against your property over non-payment of a tax debt, it can wreak havoc on your financial situation and possibly hamper your ability to obtain credit. Fortunately, there are a number of ways to minimize the damage that an IRS tax lien can cause while […]

Sneak Preview – Website Updates Part V

IRS Tax Penalty Waiver When you’re already having a difficult time paying your taxes, penalties and interest can make the matter much worse. When the IRS imposes tax penalties for failing to file, failing to pay, or for other reasons, it can cause the amount you owe to skyrocket—especially when additional interest is assessed on […]

Sneak Preview – Website Updates Part IV

IRS Audit Representation Have you received a letter from the IRS notifying you of an audit of your personal or business income tax returns? Receiving such a notice can be downright terrifying for anyone—but if you go into an audit, it can be even worse, and things can get downright ugly. At the Highland Tax […]

Sneak Preview – Website Updates Part III

Currently Not Collectible Obtaining Currently Not Collectible status with the IRS can be a great option for individuals and businesses who are currently unable to pay what they owe in taxes and need relief from collection actions. If you’re dealing with financial hardship and can demonstrate an inability to pay, you may be eligible for […]

IRS Pushes Tax Return Deadline Back!

Great news for taxpayers, the IRS has extended the deadline for filing 2020 taxes from April 15th, 2021 to May 17th, 2021. This will give taxpayers more time to take care of bills and file their returns amidst the craziness from stemming from COVID19. While Highland Tax Group, Inc. does not specifically prepare taxes, we […]

Completing a Real-Estate Mortgage Transaction When Subject to a Tax Lien: Part III

Borrowing to Buy a Residence When Subject to a Tax Lien One of the more extraordinary powers one can wield to improve one’s life is the power to borrow money at a favorable time, especially to buy a home. A home is often one’s first and best investment, it is an investment that requires most […]

Completing a Real-Estate Mortgage Transaction When Subject to a Tax Lien: Part II

Selling a Mortgaged Property When Subject to a Tax Lien Life goes on, even when you are subject to an IRS or other state or local tax authority’s lien or have a tax lien against your real property. At least, you need and want life to go on despite the tax lien. And those personal […]

Completing a Real-Estate Mortgage Transaction When Subject to a Tax Lien: Part I

Nothing complicates a financed real-estate transaction quite like an IRS or other tax lien. Real-estate transactions involving a mortgage are complex enough, even when they don’t include a tax lien. Add the IRS or state or local taxing authority to the mix, and a tax lien can look like a deal killer. A tax lien […]