Archives

FRESNO ENTREPRENEUR LAUNCHES ONE-STOP BANKING APP

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 while every taxpayer encounters someread more

Should you rent or buy a home? Prices are surging in both cases, which makes it complicated

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 muchread more

Timeline of African Americans/Blacks in business in America

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 company,read more

$50 CASHBACK REWARD for downloading our Banking-As-A-Service Tax-Filing App

$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% APRread more

Child Tax Credit Changes for 2021

The American Rescue Plan Act made changes to the Child Tax Credit for 2021 that will significantly affect many taxpayers when they file their 2021 tax returns. As a result of this legislation, many taxpayers with minor children can anticipate receiving monthly payments representing 1/12 of the anticipated credit on the 2021 tax return starting in July 2021. Any advanceread more

Child care tax credit doubles this season for 2022 Tax Year: How to claim up to $16,000

The child and dependent care credit allows taxpayers to directly reduce their taxes by the amount spent on expenses related to child or dependent care, such as day care, babysitters or related transportation. Thanks to a one-time expansion in the American Rescue Plan Act, parents who paid for child care in 2021 are eligible to receive up to 50% ofread more

2022 Tax-Filing Season Begins Jan 24

The Internal Revenue Service (IRS) has announced that taxpayers can begin filing their 2021 tax returns on Monday, January 24, 2022 The Jan. 24 tax-filing start date for 2022 is 19 days earlier than 2021’s start date of Feb. 12. At the same time, the IRS warns that the upcoming filing season could be frustrating for taxpayers and tax preparers alike dueread more

Watch for advance Child Tax Credit letter 6419-2021

To help taxpayers reconcile and receive all of the Child Tax Credits to which they are entitled, the IRS will send Letter 6419, 2021 advance CTC, starting late December 2021 and continuing into January. The letter will include the total amount of advance Child Tax Credit payments taxpayers received in 2021 and the number of qualifying children used to calculateread more

American Rescue Plan 2021 Venmo, Cash App And Other Payment Apps To Report Payments Of $600 Or More

If you receive $600 or more payments in total for goods and services through a third-party payment network, such as Venmo, Cash App, or Zelle, these payments will now be reported to the IRS. The new rule results from the American Rescue Plan signed into law in March 2021 and will mainly impact business owners using third-party payment network providers.read more

M&T Credit Services Process for buying a house

Whether you’re buying or selling a home, the experience can be both rewarding and stressful. FHA Loan Requirements Credit score of at least 500. Debt-to-income ratio of 50% or less. 3.5% down payment if your credit score is 580 or higher. 10% down payment if your credit score is 500-579. The house must be your primary residence and must meetread more