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How to Deal With the Psychology of Being in Debt

It’s no secret that tax debt wreaks havoc on your finances. Unfortunately, the effects run far deeper. The very presence of debt can influence how you think and behave. It’s associated with depression, anxiety, and a whole host of other mental health issues. Unfortunately, these can prompt inaction, thereby creating a downward spiral of further […]

Steps the IRS is Taking During the Coronavirus Crisis: Individuals

With news of the rapidly moving coronavirus changing fast, the US government and the IRS are responding daily. To answer coronavirus-related questions, the IRS has created a website that can help taxpayers and small business owners navigate uncertain times. In coordinating multiple agencies– the US Department of the Treasury, the Internal Revenue Service (IRS), and […]

Learn More About Highland Tax Group and President, Mike J. Wallen!

We had the opportunity to interview with Voyage Denver recently and the details of the interview are below! We thought we would share some good news today! The article can be read here! How Did You Get Started? I started in the tax resolution industry in March of 2004. Prior to that, I attended and […]

IRS Unveils “People First Initiative” During Coronavirus Pandemic

On March 25, the Internal Revenue Service (IRS) launched a new “People First Initiative,” a series of steps the department is taking to provide taxpayer relief during the coronavirus pandemic. This unprecedented move aims to help small businesses and individuals navigate the uncharted territory we’re experiencing is a series of steps that include extending the […]

What’s Next: IRS Help as Coronavirus Virus Crisis Grows

The coronavirus pandemic has sparked action by the US government as it tries to curtail the damage to the economy. As economies around the world take a hit from the global crisis, some countries are responding with sweeping tax changes for this year while others are hardly acknowledging the crisis. Here in the US, the […]

UPDATE: IRS Unveils New People First Initiative

We hope you’re doing well and staying safe during the quarantine measures we’ve been asked to implement. Remember, getting plenty of fresh air, sun, good food, and sleep are crucial to staying healthy. Oh, don’t forget to brush your teeth, floss, and use mouthwash (you’re welcome dentists!). Keeping a clean and healthy mouth is always […]

What’s Next: Government Help as Coronavirus Virus Crisis Grows

The coronavirus pandemic continues to rattle the US economy with the stock market riding a rollercoaster of constantly breaking news. And while other countries like China have battled this crisis for months now, it can be risky to compare countries with such different economies to what exactly will happen in the US. With the global […]

Steps the IRS is Taking During the Coronavirus Crisis: Small Businesses

The coronavirus pandemic is sending shock waves through the US economy, leaving taxpayers with many questions—especially as we approach traditional tax time. In response to the rapidly evolving crisis over the coronavirus, the IRS has created a website to help taxpayers and small business owners navigate uncertain times. Businesses with fewer than 500 employees can […]

How Will the Coronavirus Impact Business and Personal Tax Filing?

With the coronavirus spreading unimpeded through the United States from Florida to California, we’re all dogged by questions. How will this affect the economy? Our retirement? Our businesses? And, given the timing of the coronavirus outbreak, it’s worth asking another question. How will it affect tax season? When to File This date has been a […]