Tuesday, January 28, 2014

Currently Non – Collectible Agreed to on $80,000!

We recently were able to get a client into currently-non collectible status. It wasn't an easy feat whatsoever. However, the client can now focus on rebuilding his business, rebuilding his financial livelihood, and all the while not having to worry about paying his IRS debts back. Currently non-collectible status is obtained by using the following steps:

  • Remitting a full financial form 433-A Collection Information Statement for Individuals
  • Discussing goals and options with Highland Tax Group, Inc.
  • Negotiating with the IRS (and appeals if necessary) to obtain currently non-collectible
  • Ensuring the IRS has all documents needed to prove all expenses listed on the 433-A
  • In this particular case the client has a property with equity, showing he can full pay the tax debt, however, is unable to obtain a line of credit or refinance. Thus we provided 3 loan turn down letters to prove to the IRS the taxpayer has done all he could to attempt to borrow to pay the tax debt down or completely in full

Please contact us if you feel you cannot pay the IRS at this time. We would be happy to look at your situation to see if you qualify for currently non-collectible. We can be reached at 720-398-6088 or on our website at www.highlandtaxresolution.com.

Thursday, January 2, 2014

IRS Tax Problem? Confused By What You Owe?

A lot of people we come across with IRS Tax Problems are confused about what they owe. They (both businesses and individuals) even have existing representation in place and are actively working on their IRS Tax Problem. However, their current representative, CPA, attorney, or bookkeeper either hasn't informed the taxpayer as to what they owe, or maybe they have in the past but the balance dues have changed.

The balance due amounts and subsequent transcripts on a taxpayer's account, are the most important pieces of information both the taxpayer needs to have, as well as the representative. Without the knowledge of what is owed, what might be missing, what the statutes are, and what the tax, penalty, and interest is, there really isn't a starting point to resolving one's IRS Tax Problems. There are a few key elements to obtaining this information:

  • If you have IRS Tax Problems and you don't know what you owe call Highland Tax Group, Inc. immediately and we will gather this information free of charge
  • If you have IRS Tax Problems we will ask you to fill out a 1 page form so we have authorization to gather the information necessary to begin resolving your IRS tax issues
  • Our free investigation includes finding out tax balance due amounts, missing return information and data, transcript data, and statute data should it be necessary, as well as a status report on your account
  • We will inform you of the results in writing so you can begin tackling your IRS Tax Problems head on in 2014!

We are more than pleased to offer the investigation, a $300 value, for absolutely free. Confused by what you owe? Not sure where your situation stands with the IRS? Not sure how exactly your IRS Tax Problems will be resolved in 2014? Call us at 720-398-6088 or at www.highlandtaxresolution.com for more information. We are looking forward to assisting you with resolving your IRS Tax Problems!