TAX DEBT RELIEF OPTIONS – West Virginia Department of Revenue

M&M Financial has been successfully resolving back tax liabilities for small businesses and individuals in West Virginia since 2007 and nationwide since 2005.  We deal with the IRS and State taxing authorities, so you do not have to!  

If you or your business owe the West Virginia Department of Revenue back-taxes we recommend first reading your Taxpayer Rights. 

Below is some information that will help you start resolving your state tax liabilities.  If you have questions and would like to talk to a licensed Tax Resolution Specialist please do not hesitate to call us at 866-487-5624.

PAYMENT PLANS TO RESOLVE WEST VIRGINIA BACK TAXES

A good option to resolve a West Virginia Department of Revenue tax debt is through a Payment Plan Agreement.

Here are the basic guidelines for WV-DOR Payment Plan Agreements:

• If you act promptly to set up a 6-month Payment Plan Agreement, a tax lien will not be filed. 
• Anything over 6 months will require a tax lien to be filed.
• Payment Plans longer than 6 months require full financial disclosure with back-up documentation.
• 9.5% interest will be charged annually on installment agreements. 
• Current Tax Compliance is a must.
• M&M has secured a 53 month Payment Plan with the WV-DOR as recently as 2023.

Quick Tip:  West Virginia tax liabilities are very time sensitive.  If you do not respond quickly to collections notices or notices of assessment, bad things happen.  You may lose your chance to challenge proposed assessments, lien filings and warrants or levies can be issued without a timely response. 

REDUCE YOUR WV-DOR TAX DEBT

Offer in Compromise

West Virginia Department of Revenue does have an Offer in Compromise program available for those that qualify.  It's usually not a good strategy for operating businesses, but it may be a good option for individual taxpayers struggling to resolve their tax debt.  

During the review of an Offer in Compromise, the WV-DOR will analyze – 

• Ability to pay monthly, 
• Future income, 
• Equity in assets.  

The state of West Virginia OIC process is very similar to the IRS process.  You will have to submit Collection Information Statements 433-A and/or 433-B with your Offer.  If you have lack of equity in assets and do not have the ability to make payments, then you may qualify for the Offer in Compromise.  

Quick Tip:  If your Offer in Compromise is accepted by WV-DOR, you must have perfect compliance for 5 years after the date of your Offer acceptance.  Otherwise, your OIC will be in default and 100% of your original tax liability may be reassessed.  

Penalty Relief

WV-DOR may grant penalty relief on a case by case basis, but you will need to prove that your tax accrual was due to “Reasonable Cause” and not willful neglect.  Penalty relief is typically not granted on Sales tax liabilities.

TAX RESOLUTION CASE EXAMPLES

The West Virginia Department of Revenue has some flexibility when it comes to back tax liabilities.  Each case varies based on factors such as your compliance history, type of tax owed and total amount past due.  Here are some case examples in your state negotiated by M&M.



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