What is Innocent Spouse Tax Relief

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...

What is Offer in Compromise? (OIC)

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...

The 4 Most Common Tax Scams to Be Aware Of

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...

Possible IRS Challenges during the 2020 Tax Season

by MWB Tax Solutions | Jan 2, 2020 | back taxes help, Business Taxes, IRS Payment Plans, tax relief

Acting National Taxpayer Advocate Bridget T. Roberts reported that the IRS is among the lowest-performing federal agencies in providing a positive customer experience. In her 2019 Annual Report to Congress, she noted several issues affecting the IRS in providing a...

What Happens When You Pay Your Business Taxes Late?

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...

What Does a Commercial Tax Consultant Do?

by MWB Tax Solutions | Sep 25, 2019 | commercial tax consultant, tax relief

Commercial Tax Consultant Alternatively known as a tax advisor, a tax consultant is not merely a simple tax preparer in your state. Tax consultants are a group of experts who are up to date with the latest tax trends and laws. They’re like a powerhouse, equipped...