MKG Tax Consultants News, View Points, Taxes & Finances

TaxPro Multi-Pay System  Join the PTIN Pay revolution today and experience a new era of compensation for tax preparers. Don't miss the opportunity to earn what you deserve and take your career to new heights. About PTIN Pay: PTIN Pay is a pioneering compensation initiative designed to elevate the earning potential of tax preparers. By introducing a performance-based model, PTIN Pay aims to re...

Be the revolution in business funding. Sign up as a Finance Agent and get paid to help business owners get the capital they need. 4 Reasons to Become a Finance Agent Make money and expand your business and offerings. Industry leading payouts No cap on the commission you can earn. Recieve expert training on cutting edge funding programs Help business owners get the funding they need to succeed. Hel...

Victims of severe winter storms, flooding, landslides and mudslides in California beginning March 9, 2023, now have until Oct. 16, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Following the disaster declaration issued by the Federal Emergency Management Agency, individuals and households affected by severe winter sto...

Keeping your money secure is our top priority at MKG Enterprises Corp banking technology, and we’re excited to provide added protection to our customers. What is an insured cash sweep program? It’s a program offered by FDIC-insured banks. Deposits that exceed FDIC insurance coverage are swept into one or more FDIC-insured banks as a way to insure the entirety of a depositor’s balance.  Insure...

A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's  solvency . As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits. In extreme cases, the bank's reserves may not be sufficient to cover the withdrawals. Silvergate Ba...

Silicon Valley Bank failed on Friday March 10, 2023 following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB Financial Group’s stock SIVB had been halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was “ monitoring very carefully .” Reaction poured...

Employer Retention Credit Warning Many businesses have received phone calls and emails from third-party companies marketing ERC refunds. The ERC is an inherently risky tax credit that will lead to a high likelihood of an audit over the next five years. The Internal Revenue Service has warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) wh...

Offering 12 Months Outsourced CFO Subscription  Betting BIG on Small Businesses Game Time!   MKG Tax Consultants provides startup crowdfunding advisory services to meet the SEC Eligibility Requirements for Form CF submissions to regulated funding portals for issuer offering or selling securities in reliance on the exemption in Securities Act Section 4(a)(6) and in accordance with Section...

How to buy a house with cryptocurrency Cryptocurrency is proving to be less of a trend and more of a force that’s here to stay. Bitcoin (BTC) reached an all-time high of over $68,000 in November 2021 after starting the year at just under $30,000, and the crypto industry  as a whole grew to a total market cap of more than $2 trillion.  It makes sense that cryptocurrency investors are thin...

When you borrow money to buy a home, you’ll see many numbers thrown around . Most buyers focus on the purchase price of the home. It’s an indicator of whether or not you can afford the price. But since you probably won’t pay cash only, you must consider the loan amount.  The loan amount is the money you borrow to buy the home. It usually differs from the purchase price since most lenders don’...

GSFA Platinum borrowers with certain occupations are eligible to apply for a DPA Gift instead of a Second Mortgage. The DPA Gift never has to be repaid. Qualifying occupations in CA include: Medical and Healthcare workers; Peace Officers, Sheriff, Border Patrol Agents, Correctional Officers and others serving in a Law Enforcement capacity; Firefighters, CalFire, paramedic, and Emergency Medical Te...

Get Prequalified for a Home Loan Find out how much house you can borrow before you start looking – and how you can make the strongest offer possible on the property you choose. What documents should you have ready when contacting a loan officer? When initially contacting a loan officer, you may want to have this list of documents and information available to help answer questions that they will as...

E – Employee An employee has a job. This is where most people earn their income. The job itself is owned by a business, which could be a single person or a large corporation. The employee gives his or her time, energy, and skills to an employer in exchange for a pay check and benefits. Employees can make a little or lot of money. But when an employee stops working (or when the business stops), the...

Tax-Smart Strategies, Get our Tax-Filing App on Android and iOS -  Now available for personal and business tax preparation, Get approved to buy a home, purchase mortgage insurance and protect your family with life insurance. Powered by: MKG Tax Consultants MKG Enterprises Corp is revolutionizing the tax industry to tackle the housing affordability crisis to build the next financial technology...

Loans for unique situations If a traditional home loan doesn’t fit your style, MKG Enterprises Corp has other options that may suit your needs. First-Mortgage Down Payment Assistance Programs • Minimum down payment of 0% to 3% • Down payment can be a gift • Minimum FICO® Score of 640 • Loan amounts up to $647,200 GET PREQUALIFIED Mortgage Loan Officer Marshawn Govan NLMS ID 1370676 California Forg...

MKG Tax Consultants is pleased to offer diversity and connect humans with VRS to bridge the language barrier gap of the deaf and hard of hearing community to get their taxes prepared or buy auto, home, and life insurance. We offer video conferencing technology with a sign language interpreter to facilitate communication between a deaf person and a hearing person. Scheduled-Video Remote interpretin...

Co-founder of a top real estate team in Fresno called Strive Real Estate Group at Real Broker. Helped 144 families in 2021. Receives cash flow from 17 doors with 3 being an Airbnb. OUR MISSION To provide our clients with sound business advice and represent their interests with the highest level of professionalism, intelligence and integrity in the industry. Win – Win:  or no deal Integrity: &...

Community Development Financial Institution (CDFI) certification is awarded to “community-based organizations that seek to expand economic opportunity in low-income communities and provide financial products and services to individuals and businesses often underserved by traditional financial institutions. The CDFI Fund, which oversees the certification process, provides technical and financial as...

The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Ma...

Justice Department Warns Taxpayers to Avoid Fraudulent Tax Preparers Tax Division continues enforcement efforts to stop dishonest return preparers With less than one month left in  this year’s tax season , the Department of Justice urges taxpayers to choose their return preparers wisely. Return preparer fraud is one of the IRS’  Dirty Dozen Tax Scams . Unscrupulous preparers who include...

Beginning in 2018, unreimbursed employee expenses are no longer eligible for a tax deduction on your federal tax return The vast majority of W-2 workers can’t deduct unreimbursed employee expenses in 2020. The Tax Cut and Jobs Act (TCJA) eliminated unreimbursed employee expense deductions for all but a handful of protected groups. The TCJA restriction lasts until 2026, when miscellaneous itemized...

Marshawn Govan, President and CFO of MKG Insurance Agency and MKG Tax Consultants, has unveiled a comprehensive banking app that rolls many services, from taxes to crypto, under one banner. Published On March 10, 2022 - 11:35 AM Written By Frank Lopez at The Fresno Business Journal https://thebusinessjournal.com/fresno-entrepreneur-launches-one-stop-banking-app/ The tax season is upon us, and whil...

Should you rent or buy a home? Prices are surging in both cases, which makes it complicated Fresno Calif. has had a 23.1% rent increase over the last 12 months which is well above the state of California (11.6%) and U.S. (15.1%) rent increases. The average one-bedroom apartment now costs $1,150. Buying vs Renting There are limits to how much a landlord in California can increase rent. Every rental...

Timeline of African Americans/Blacks in business in America The 19th century was not the beginning of Black business in America, but this century would see these pursuits being organized along the lines of and under the newly reconstructed U.S. Government structure. The 1800s saw the creation of many businesses, including insurance companies, banks, and newspapers. The first Black insurance compan...

$50 CASHBACK REWARD for downloading our Banking-As-A-Service Tax-Filing App (SECURD) Setting Every Community up for Refund Deposit OFFER IS VALID ONE PER CUSTOMER, tax returns must be electronically filed with MKG Tax Consultants and be eligible for an ERD electronic refund deposit.   SECURD Advance loans are available in 15 States APR depends on your resident state. California 35.99% APR Ark...