by MWB Tax Solutions | Jun 12, 2020 | back taxes help, Business Taxes, commercial tax consultant
Hire a Tax Consultant in Saint Paul, Minnesota Paying your taxes on time is essential to avoid any fines and end up paying more than you have to. But for many people, calculating their taxes is a daunting task and they dread the tax season. Not to mention the fact...
by MWB Tax Solutions | May 22, 2020 | back taxes help, Business Taxes, tax relief, Tax Relief Minneapolis
Basically, with a few exceptions, if you owe money in the United States and make a good faith effort to reconcile with your debtor in a reasonable amount of time; whether that reconciliation takes the form of a payment-plan agreement, a lump-sum payment, or a...
by MWB Tax Solutions | May 14, 2020 | back taxes help, tax debt help, tax relief
According to the Tax Code (5.1.19.1.1), “Each tax assessment has a Collection Statute Expiration Date (CSED). Internal Revenue Code section 6502 provides that the length of the period for collection after assessment of a tax liability is 10 years.” But hang on. There...
by MWB Tax Solutions | May 6, 2020 | Business Taxes, tax debt help, tax relief
The Stimulus Checks are a huge topic of discussion, confusion, panic, and speculation, all over the United States. From pondering whether or not you’ll even get one, to being insulted that the government is trying to make you feel good about being given your own...
by MWB Tax Solutions | Apr 21, 2020 | back taxes help, Business Taxes, commercial tax consultant, tax relief, Tax Relief Minneapolis
Do you have an outstanding tax debt? Are you struggling to pay in on time? If paying your tax debt in full is not possible, the most common payment plan is the monthly Installment Agreement (IA). There are 4 types of installment agreements: guaranteed, streamlined,...
by MWB Tax Solutions | Apr 9, 2020 | back taxes help, Business Taxes, tax debt help, tax relief
Innocent spouse relief allows you, the taxpayer, to be relieved of the responsibility for paying tax, interests, and penalties if your spouse (or former spouse) incorrectly reported or omitted items on the tax return. This responsibility would be both joint and...
by MWB Tax Solutions | Mar 24, 2020 | Business Taxes, tax relief, Tax Relief Minneapolis
There may be times when you’re unable to pay your taxes in full. But don’t be fearful if you find yourself in this situation. If the IRS imposes a Notice of Tax Levy (seizing of your assets) against you, there are various methods available to you to prevent the...
by MWB Tax Solutions | Mar 9, 2020 | back taxes help, Business Taxes, tax relief, Tax Relief Minneapolis
Are people contacting you, making demands, saying they want their money now? Don’t be the one to fall for these tactics. At MWB Tax Solutions, we know that scammers are lurking particularly during tax season. Here are four ways they try to take advantage of innocent...
by MWB Tax Solutions | Feb 21, 2020 | back taxes help, Business Taxes
These simple steps can save you from scammers and protect you from getting hacked. 1. File Early Everyone wants to get a refund as soon as possible. The only way to get refunded is to file early. In that way, it’ll be very difficult for scammers to get to your...
by MWB Tax Solutions | Feb 6, 2020 | back taxes help, Business Taxes
It’s tax time again and there are a lot of factors that can impact your tax returns. If you haven’t filed yet, don’t wait for March or April. Now is the time to start the process. There are some challenges that taxpayers can run into especially if they are new...