Get personalized tax planning for improving your wealth

We believe tax planning is an integral part of personal finance management. A well-thought-out tax planning strategy can save you thousands of dollars, improve your annual earnings, and help you reach your financial goals quickly. Here are some other benefits of advanced tax planning:

 Reduce the tax liability on you
 Make informed decisions on investments for improved earnings
 Avoid or minimize litigations with local, federal, or state tax authorities
 To contribute to the economic stability of the country
 Better control over your personal finance If you are looking for effective tax planning strategies, our experts are ready to help you.

We provide fully customized tax planning services that align with the financial goals of the individual. We ensure full accuracy in tax calculations as our work processes include multiple reviews by experienced professionals.

Our tax planning services enable you to save time, avoid penalties, minimize litigation and maximize your returns on taxes. We work as a trusted partner for our clients to help them in income tax planning and identifying saving opportunities. Let’s discuss the best tax planning strategies for you. Get in touch with our team today!  

Full Assistance for Federal and State Tax Filing.

Tax returns filing is often a complex task, especially if you are a beginner at it. Making mistakes in tax returns filing can lead to penalties and interests. However, if you have found an error in your tax returns, you can do an amendment filing with the IRS.

Do you need help with your tax returns filing? We have got you covered. Our team provides end-to-end assistance in tax preparation and filing of federal and state taxes.

At MS Tax, we have in-depth knowledge of federal and state taxes that apply to individuals. We are quite aware of the latest updates in the IRS. We assist in various non-resident tax returns including Form 1040NR, Form 1040NR-EZ, Form W-2, and Form 1040X, among others.

Whether you are an individual taxpayer, small business owner, or working professional, you can count on us for timely and accurate tax preparation and filing. We will update you on the refund status and supporting tax filers if applicable. Our attention to detail and strict work policies help you stay tax-compliant with state and the federal regulator.

Get in touch with our team today to make your tax filing simple and hassle-free!

Certified experts for assisting in ITIN Processing.

ITIN stands for Individual Tax Identification Number. It is a nine-digit number given by the Internal Revenue Service (IRS) for taxpayers. If you qualify to apply for the ITIN, our team can assist you in the process.

Our team provides full support and assistance in securing ITIN for qualifying applicants. As experts in ITIN processing, we will walk you through the processes and document requirements for applying to the IRS. We will listen to your needs and suggest the right methods to acquire the ITIN.

We can guide you through filing Form W-7 according to the rules and procedures. We will provide full assistance in document preparation and filing of the application. If your ITIN has expired and you want to renew it, our team will get it done for you.

By hiring us, you can avoid the hassles of acquiring IRS ITIN and save time significantly. Given our expertise and knowledge in ITIN processing, it is less likely that your application gets delayed or rejected.

Reach out to us today if you are ready to get your ITIN. If you have any questions related to ITIN processing, talk to our team.

Get quick assistance for FBAR processing.

FBAR stands for Foreign Bank Account Report (FBAR). It applies to all people living in the US, not citizens alone. If you had more than $10,000 in bank accounts outside the United States at any time during the financial year, you must file FBAR or FinCen 114. You are required to file FBAR even if the aggregate amount of multiple accounts in foreign banks crosses the threshold. It is purely a reporting requirement, and you are not taxed on the amounts you have in the foreign banks.

However, failing to file FBAR can lead to heavy penalties starting from $10,000 dollars for non-willful failure to file. Though the law existed for decades, it is being enforced strictly in the last few years.

If you are unaware of the FBAR or haven’t filed it yet, do not hesitate to call us. Our team understands the processes and documentation required for filing FBAR. FinCen 114 application can be filed online with the supporting documents, and we will give you proper assistance throughout the process.

If you have any queries regarding FBAR filing, call us today. Our tax experts will provide you with the best guidance.

The Trusted Experts for Tax Representation.

Have you received an audit letter or notice from the IRS? Worried about how to resolve a tax-related issue? Allow our tax experts to deal with it for you in the best way possible.

Working with a professional tax representation firm can make a real difference when you want to settle a tax dispute. That is where we come in. We assist our clients in dealing with tax authorities, negotiating settlements, and facilitating amicable solutions in tax disputes.

Given our experience with the federal and state taxing authorities, we are capable of handling it efficiently. Our tax experts carry years of experience in handling several types of tax-related issues and settling disputes. When you have us for tax representation, you can keep your worries at bay.

We help you provide the right responses to queries from the IRS. Our firm has strict policies and guidelines for tax representation and we follow ethical practices while we deal with your tax-related issues. You can get complete relief from the tax woes when you have us as your tax representation firm.

For the best assistance in tax representation, get in touch with our team today.

Full Assistance in Extension Filing of Federal and State Taxes.

Worried about not being able to complete tax filing by the due date? Do you want to extend the tax filing deadline? We will get it done for you!

According to IRS, you can request up to additional six months from the due date for filing individual tax returns. By applying for a date extension, you can avoid late-filing penalties. However, it is important to know that the extension is applicable for filing tax returns. It does not extend the deadline for paying taxes to the authorities. In case of overpayments, you will get the refunds after filing the tax returns.

If you are worried about filing an extension, get in touch with us. We will listen to you and understand the tax situation to come up with the best solution. Our team can quickly guide you through the procedure for extension filing which is generally Form 4868 – Application for Automatic Extension of Time to File U.S Individual Income Tax Return.

If you need any further assistance in filing tax returns within the extended time, we will do it for you. Talk to our team today to get your taxes done right!  

Best Assistance for Amendment Filing in Federal and State Taxes.

Have you found an error in your tax return filing? Do not worry! You can file an amended return to make corrections to the returns you have filed in the previous year. There are multiple benefits of amendment filing if you have made an error. You can file for a higher refund if applicable. By filing an amendment, you can avoid penalty charges if you have misreported your earnings by any chance.

If there is any discrepancy in the filed returns regarding your status, income, tax credits, or deductions, it is always wise to do an amendment filing. The amendment should be filed within three years of the original returns or within two years of paying the tax, whichever comes later. You can ignore filing amendments for the mathematical errors in your tax returns as they will automatically get corrected during the processing stage.

At MS Tax, we provide full guidance and support in filing amendments for individual taxpayers. We understand the procedures for submitting Form 1040-X, and we will get it done for you.

Call us today if you need assistance in amendment filing!

Strategic Tax Advisory and Planning from Experts

Having a strategic tax planning strategy is integral for improving your financial health. It will help you reduce the tax burden significantly. It allows you to choose the best investment options and tax credit schemes. It helps you increase your wealth while helping you to stay tax-compliant.

When it comes to taxation planning, you need to work with experienced professionals who have in-depth expertise in tax-related matters. That is where we can help you. Our process starts with listening to the individual’s unique financial situation, goals, and concerns. The team here are erudite professionals with years of experience in tax advisory.

We come up with customized strategies that fit your specific financial condition and individual circumstances. Our strategic tax planning recommendations aim at minimizing your tax burden while increasing your assets.

We are your ideal tax partner. Whether you are a work visa holder, a student, or a professional in the US, we got you covered in your tax-related matters.

Book a consultation today with our tax experts!  

Full Guidance for Staying Nanny Tax Compliant.

The nanny tax refers to the tax paid by families or individuals who employs a household employee, for example, a caregiver or nanny. If the employee is paid more than $2400 annually (as per the financial year 2022), the employer is responsible to pay the taxes. However, there are a few exceptions for paying the nanny tax. But skipping nanny taxes can lead to huge penalties. Therefore, it is wise to pay the applicable taxes on time.

If you are unaware of the nanny tax regime or confused about whether it applies to you or your family, connect to us today. We will analyze the situation and guide you in staying compliant with the nanny tax. We will do the complete nanny payroll processing work to calculate the tax you have to pay. We provide full accuracy and transparency in calculations and deductions. You can avoid the hassles of nanny tax payments by hiring our tax experts!

In case you have received a nanny tax notice from IRS, do not worry. Our tax experts can help you deal with it and find the best solution.

For further information on nanny tax, talk to our tax experts!