Author Archives: MWB Tax Solutions



MWB Tax Solutions

in tax relief, Tax Relief Minneapolis

Why Do Some People File Taxes Online?

Technological advancement comes with paradigm shifts. Unlike in the past, people now prefer submitting their tax returns online. If you wonder why individuals and businesses file taxes online, you will find this article interesting. Below are some of the reasons why e-filing (submitting tax returns online) is becoming very popular. The Process is Faster Compared to the mail option, it’s faster to process the tax...

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27 Aug 2020
in tax relief

How Do Property Taxes Work?

Property tax refers to any tax you paid on an individual or corporate-owned property. Basically, this type of tax is applied to personal property (like cars, boats, etc.) and real property (land and buildings). In recent times, some States are gradually moving away from taxing personal property. The focus is now primarily on real estate properties. The value of a real estate property tax is...

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27 Aug 2020
in tax relief

What’s the Difference State Taxes and Federal Taxes

A common challenge taxpayers face is their inability to distinguish between State and federal taxes. Unless you are living in a state that doesn’t have an income tax, you are required by law to pay tax returns. Below are some of the things that differentiate State Taxes from Federal Taxes What Counts as Income In most cases, Federal Income Taxes are more detailed. For instance,...

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27 Aug 2020
in tax debt help, tax relief

When is the Best Time to File Your Taxes?

One of the mistakes taxpayers make is to wait for the last minutes before filing their taxes. Filing your taxes late could attract penalties. Ordinarily, the best time to file your taxes is before March 15th. There are several reasons why you should submit your tax returns earlier than March 15th. Some of these reasons are as follows. Faster Tax Refunds You tend to get...

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27 Aug 2020
in tax relief

What is the Best Way to Settle Tax Debt?

Death and tax are two things you can’t avoid. Trust me; life can be very uncomfortable if you have unpaid tax bills. But you don’t have to feel so bad about it. There are ways you can settle your tax debt without breaking the bank. Here are tips to help you settle your tax debt without stressing yourself. Don’t Ignore the Problem The first step...

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27 Aug 2020
in back taxes help, Business Taxes, commercial tax consultant, Tax Relief Minneapolis

How Does The IRS Find Unreported Income?

Unreported income is costing the U.S hundreds of billions yearly in taxes. That is why you should not be surprised that the IRS has a process in place to determine unreported income. Agents of the IRS conduct field audits in case it suspects a taxpayer is not fully transparent with their taxable income. The IRS can determine whether all your income has been reported to...

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24 Jul 2020
in back taxes help, Business Taxes, IRS Payment Plans, tax relief, Tax Relief Minneapolis

How Much Money Can You Make and Not Pay Taxes?

Making money and not paying taxes sounds like a dream for most people. However, for some Americans this is reality. Several factors determine whether you need to pay taxes or not. Your age, filing status, dependents, gross income, or if you are blind are the factors that weigh in. For example, in 2018, if you were a single person under the age of 65 years...

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15 Jul 2020
in back taxes help, Business Taxes, commercial tax consultant

What Happens If You Pay The IRS Late?

Every U.S. citizen is required to file a tax return every year if he or she has earned money that year. Based on the filing, it is determined whether the individual needs to pay additional taxes or whether the individual can expect a refund. All tax-related matters are handled by the Internal Revenue Service (IRS). If you need to pay the IRS and you are...

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03 Jul 2020
in back taxes help, Business Taxes, IRS Payment Plans, tax relief, Tax Relief Minneapolis

How To Do Your Taxes in Saint Paul, MN

Struggling with your taxes in Saint Paul, MN? If you’re confused and don’t know where to start, you’re certainly not the only one. Doing your taxes is not simple unless you’re excellent with numbers and have a background in accounting or bookkeeping. Others have to figure it out on their own. Fortunately, there is plenty of useful information online to help you manage your taxes....

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24 Jun 2020
in back taxes help, IRS Payment Plans, tax debt help, tax relief

Why Do People Have to Pay Taxes in Minnesota?

Why Do Minnesota Residents Pay Taxes? Every time we receive our salaries, a percentage of money goes to income taxes. At the grocery store, for each product we buy, we pay sales tax. There’s also the property tax, payroll tax, corporate tax, and various other types of taxes we are obliged to pay. No one enjoys giving up a portion of their money for taxes,...

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15 Jun 2020
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