At MUS Tax Resolution, we specialize in preparing tax returns and resolving tax debts (Personal or Business). Whether you are looking for professional to prepare your tax return or need assistance with a tax issue (IRS or State), we are here to help. Some of the services that MUS Tax Resolution provides are listed below. Please feel free to contact us to discuss these services regarding your tax issue in more detail to determine the best solution for your tax needs.
IRS offer multiple payment plan options for paying your outstanding tax liabilities. Whether you owe $5,000.00 or $500,000.00, our qualified tax professional can help you to establish a payment plan that will work for you.
IRS levies and wage garnishments can have a severely negative impact on your job and finances. An IRS levy can attach to all of your bank account and wage garnishment can attach to the majority of your paycheck. In certain cases, IRS can also seize your property and possessions. If the IRS has issued a levy or wage garnishment against you, contact our office immediately to review your options.
Building strong business credit is worth the effort. Credit lines open many doors, allowing entrepreneurs to buy necessary equipment and inventory, hire employees, launch marketing campaigns, and keep cash flow steady while revenue grows.
One of the most beneficial programs that the IRS currently offers is the Offer in Compromise program. Through this program, an eligible taxpayer can settle out their current tax liabilities for significantly less than they owe (up to 80%). Not everyone will qualify for this program, we will analyze your current financial situation to determine if you would be a good candidate for this program. Those taxpayers that do can settle out their current tax debt, leaving them tax free and able to move forward without tax debt.
IRS or Comptroller of Maryland audits are long and tedious process. They require you to provide large amounts of supporting documentation and evidence. Even you have all your tax documentation and you don’t correctly present your information or if you are not aware of policies and procedures,audits can result in hundreds or even thousands of additional dollars being assessed to your account. If you have received notice that the IRS or Comptroller of Maryland is examining one of your returns, please contact our office to discuss your options.
Some taxpayers are in a situation where they do not qualify for an IRS Offer in Compromise, and they also cannot afford to make monthly payments because of financial hardship. These taxpayers may qualify for a currently non-collectable status. IRS established this program to provide temporary relief for back taxes. While in a currently non-collectable status, the IRS will not pursue any collection action against you(wage garnishmentslevies, etc.).
Our professional and skilled team have extensive knowledge in tax preparation and do a thorough job of completing your personal and business taxes in accordance of IRS rules and regulation, so you get the best advantages.
You'll want to have a great personal credit score, strong business financials (or at least an impressive business plan,) as well as ample collateral to qualify for a first-time business loan from a bank. If you have a few years in business and solid annual revenue, you'll be even more likely to qualify.