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Offer In Compromise

How we can help you

Did you know that you can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.

The IRS Code states: “We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential…” (Internal Revenue Code section 7122).

Often it is possible to fully and completely eliminate the taxes you owe – including all penalties and interest – at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt especially if your offer is done right.

If done correctly your debt may be settled for only 5-15% of what you presently owe. The key is to determine the least amount that the IRS will accept from you before you make the offer.

Tailored to You

We aren't your average tax firm. We specialize in helping you maximize your tax situation and live more comfortably.

Education Focused

We guarantee you will learn something new. If you are looking for an average experience, we probably aren't the firm for you.

Relationship Based

We started business 40 years ago out of the Molen's home and to this day, we still treat our clients like family.

 

Latest News

Dates to Remember

Subscribe Now

How to Overcome Business Blind Spots

No matter how savvy of a business owner or leader you are, not only will there always be the opportunity for a blind spot to exist, but there will always be one at every point in time. A business blind spot is basically the lack of knowledge or understanding  of some...

10. Help! I’m Starting a Business

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Teaching Your Kids About Financial Literacy

When I was a kid, I always enjoyed earning a few dollars doing chores and mowing lawns. My sister and I would work hard to earn $5 picking up pine needles for our dad but had very different ideas on how to spend it. I got a kick out of watching my savings grow in my...

Bookkeeping VS Accounting: What’s the Difference? 

There is often a misconception that bookkeeping and accounting are the same thing. While bookkeeping and accounting are both essential functions, there are some important distinctions between the tasks of a bookkeeper and an accountant. Accounting is the process by...

9. When Should You Amend Your Tax Return

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How One More Year of Work Can Transform Your Retirement

What is retirement? The definition of retirement is “the action or fact of leaving one's job and ceasing to work.” While most of us intend to stop working entirely by age 65, many Americans must continue working in some capacity for the rest of their lives. The harsh...

American Rescue Plan Changes to Child Tax Credit

Is the Child Tax Credit Increasing Due To the American Recovery Act? Hey, folks, just want to take a quick minute or two to talk about the changes to the child tax credit. So the American rescue plan was just signed into law just recently by President Joe Biden. It's...

American Rescue Plan Unemployment Taxation

Has Unemployment Insurance Been Extended? Hey y'all! I wanted to take a quick minute to talk about the unemployment changes as part of the new American rescue plan, which was just recently passed by President Joe Biden. This does a couple of things. So the first thing...

Stimulus Checks Round 3

What Is The Deal With Stimulus Checks Round 3? Hey everyone, I want to talk to you about the stimulus payments, the these new ones, at least the most recent ones that that are about to be being sent out under the American rescue plan, which was signed into law...

Have You Been a Victim of Identity Theft?

Did you know that credit card fraud was the most common type of identity theft in 2020?  Scammers calling themselves the Social Security Administration, the Internal Revenue Service, collection agents, your boss, and many other powerful entities make countless phone...

Needs Analysis

Free One Hour Consultation for any new business owner looking for an advisor to help them with their taxes or financials.

S-Corp & Partnership Filing Deadline

TX - June 15th, 2021

Non-TX - March 15th, 2021

Individual, Estate, Trust, & C-Corp Filing Deadlines

TX - June 15th, 2021

Non-TX - April 15th, 2021

Latest News

How to Overcome Business Blind Spots

No matter how savvy of a business owner or leader you are, not only will there always be the opportunity for a blind spot to exist, but there will always be one at every point in time. A business blind spot is basically the lack of knowledge or understanding  of some...

10. Help! I’m Starting a Business

[iframe style="border:none" src="//html5-player.libsyn.com/embed/episode/id/18609263/height/100/width//thumbnail/no/render-playlist/no/theme/custom/tdest_id/2442602/custom-color/3f9143" height="100" width="100%" scrolling="no" allowfullscreen webkitallowfullscreen...

Teaching Your Kids About Financial Literacy

When I was a kid, I always enjoyed earning a few dollars doing chores and mowing lawns. My sister and I would work hard to earn $5 picking up pine needles for our dad but had very different ideas on how to spend it. I got a kick out of watching my savings grow in my...

Bookkeeping VS Accounting: What’s the Difference? 

There is often a misconception that bookkeeping and accounting are the same thing. While bookkeeping and accounting are both essential functions, there are some important distinctions between the tasks of a bookkeeper and an accountant. Accounting is the process by...

9. When Should You Amend Your Tax Return

[iframe style="border:none" src="//html5-player.libsyn.com/embed/episode/id/18339710/height/100/width//thumbnail/no/render-playlist/no/theme/custom/tdest_id/2442602/custom-color/3f9143" height="100" width="100%" scrolling="no" allowfullscreen webkitallowfullscreen...

How One More Year of Work Can Transform Your Retirement

What is retirement? The definition of retirement is “the action or fact of leaving one's job and ceasing to work.” While most of us intend to stop working entirely by age 65, many Americans must continue working in some capacity for the rest of their lives. The harsh...

American Rescue Plan Changes to Child Tax Credit

Is the Child Tax Credit Increasing Due To the American Recovery Act? Hey, folks, just want to take a quick minute or two to talk about the changes to the child tax credit. So the American rescue plan was just signed into law just recently by President Joe Biden. It's...

American Rescue Plan Unemployment Taxation

Has Unemployment Insurance Been Extended? Hey y'all! I wanted to take a quick minute to talk about the unemployment changes as part of the new American rescue plan, which was just recently passed by President Joe Biden. This does a couple of things. So the first thing...

Stimulus Checks Round 3

What Is The Deal With Stimulus Checks Round 3? Hey everyone, I want to talk to you about the stimulus payments, the these new ones, at least the most recent ones that that are about to be being sent out under the American rescue plan, which was signed into law...

Have You Been a Victim of Identity Theft?

Did you know that credit card fraud was the most common type of identity theft in 2020?  Scammers calling themselves the Social Security Administration, the Internal Revenue Service, collection agents, your boss, and many other powerful entities make countless phone...

Dates to Remember

Needs Analysis

Free One Hour Consultation for any new business owner looking for an advisor to help them with their taxes or financials.

S-Corp & Partnership Filing Deadline

TX - June 15th, 2021

Non-TX - March 15th, 2021

Individual, Estate, Trust, & C-Corp Filing Deadlines

TX - June 15th, 2021

Non-TX - April 15th, 2021

Subscribe Now

LOCATION

11555 Champion Forest Dr.
Houston, TX 77066

info@molentax.com

Phone: (281) 440-6279

Fax: (281) 716-6000

 

Hours

Mon - 9:00am-5:00pm

Tues - 9:00am-5:00pm

Wed - 9:00am-5:00pm

Thurs - 9:00am-8:00pm

Fri - Sun - Closed

Entrepeneurial operating system

Building Relationships that Last Generations

 

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