by MWB Tax Solutions | Aug 27, 2020 | tax debt help, tax relief
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...
by MWB Tax Solutions | Jun 15, 2020 | back taxes help, IRS Payment Plans, tax debt help, tax relief
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...
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 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 | Oct 12, 2019 | back taxes help, Business Taxes, tax debt help, tax relief
Why Paying Your Business Taxes Late is a Problem Are you late with paying your business taxes? Are you wondering what’s going to happen now? Paying your taxes late can lead to numerous consequences, from high fees and interest to the possibility of losing your...
