The IRS Offer in Compromise Process – 3 FAQ’s

I tend to field quite a few questions regarding the IRS offer in compromise process. Below are the top 3 questions I receive regarding the offer in compromise process: Q. How long does the Offer in Compromise process take from start to finish? A. The answer is usually it depends. However, the standard Offer in […]

Where Do I Start in Resolving My IRS Tax Problem?

A lot of people come to me with their IRS Tax Problem and are unsure on where to start. They might be receiving notices, receiving threatening calls, or a lien might have just been filed to protect the interests in the IRS Tax Debt. They may have a garnishment in place, levy against their bank […]

5 Steps to Completing an IRS Financial Statement

The IRS financial statement (Form 433-A, 433-B or 433-F) is the most crucial piece to resolving outstanding tax matters.  Some of our clients (begrudgingly) fill out the form, not wanting to list certain information, withhold information about non-liable spouses, not disclose a retirement account, etc.  However, it is in both of our best interests to fill […]

IRS Tax Questions!

Many times individuals who are my clients and potential clients come to me with several IRS tax Questions. Some of which can be more complicated than others and require a specialist to answer. Such as legal or true tax return questions where  you may need an attorney or a tax prep specialist to answer your […]

Highland Tax Q&A / The 3 Most Common Questions

This week I decided to put together a few common questions my clients and potential clients frequently have. When dealing with an outstanding tax liability there are various questions regarding IRS the correspondence, what information needs and doesn’t need to be turned into the IRS, as well as if a non-liable spouse needs to have […]

Bad Advice From Non-Tax Professionals

We came across a potential client recently who had recently applied for a refinance on their mortgage.  They were in a situation where they had a joint owner on the property and the joint owner wanted to move and get their name removed from the title.  The other issue at hand of course was the […]

IRS Audit? Balance Due? Don’t Represent Yourself!

The article below is a perfect example of the IRS taking advantage of the average hardworking American.  The story goes on to tell about how the IRS levied bank accounts, threatened to seize assets, seize their business, etc.  It just goes to show the IRS will take advantage of the taxpayer when they can.  However, […]

Proud to do Business in Denver!

The link below is a video produced to showcase what Denver is all about. We are proud to do business in Denver! Enjoy. Proud to do business in Denver!

Taxes Filed? Balance Due?

Now that we are approximately 9 days beyond the filing deadline it is time to discuss the repercussions of any fall out if you or someone you know has a balance due.  First and foremost if you filed an extension, and did not pay your balance due with form 4868, you will have accrued a […]

IRS Pays Bonuses Regardless of Tax Due

The article below is interesting enough.  Please note what a lot of people don’t understand is the IRS has to go through all of their processes to collect against an outstanding tax bill.  Therefore, if the employee is set up on a payment plan, or being garnished monthly, this wouldn’t be accounted for in the […]