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U.S. TAX FILINGS

Don't worry about taxes, we'll do it for you!

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MAXIMUM WEALTH PRESERVATION

Preserve Your Hard-Earned Wealth!

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INTERNATIONAL TAX STRATEGY

U.S. Expat Tax Filings

Welcome to maxWEALTH Finance, Accounting & Tax Consultants - We Maximize Your Wealth!

maxWEALTH is committed to providing wealth, tax & accounting services for a wide range of clients including Individuals, Business Owners, H1B/L1 or Consultants working on Client Projects, Physicians, High Net Worth Individuals, Students working on OPT/CPT. Call or email us. Our professionals are ready to answer any question you may have. If you do not know who to revert to, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. . We will endeavor to respond to your enquiry within 1 business days of receipt.

WE WANT TO SERVE YOU!

 

maxWEALTH provides Tax & Wealth Advisory Services for a number of people including:

  • Individuals

  • Business Owners

  • US Expatriates Working Abroad

  • Doctors/Physicians

  • H1B/L1 Consultants working on Client Projects

  • Students working on OPT/CPT

We provide extreme data  security for all our client's tax returns and will ensure 100% customer satisfaction at an affordable price.

maxWEALTH CONSULTING SERVICES

 

maxWEALTH provides a comprehensive range of services tailored to your financial needs:

  • Personal & Business Taxes

  • Year Round Full Service

  • Prior Year Filings & Amendments

  • Super Fast Rapid Refunds

  • Direct  Deposits

  • Accounting Services 

  • IRS Audit Help

maxWEALTH can serve all your wealth planning needs.

Unpaid Debt Can Affect Your Refund

April 21, 2014 : If you owe a debt that’s past-due, it can reduce your federal tax refund. The Treasury Department’s Offset Program can use all or part of your refund to pay outstanding federal or state debt.

Here are five facts to know about tax refunds and ‘offsets.’

1. The Bureau of Fiscal Service runs the Treasury Offset Program.

2. Debts such as past due child support, student loan, state income tax or unemployment compensation may reduce your refund. BFS may use part or all of your tax refund to pay the debt.

3. You’ll receive a notice if BFS offsets your refund to pay your debt. The notice will list the original refund and offset amounts. It will also include the agency that received the offset payment and their contact information.

4. If you believe you don’t owe the debt or you want to dispute it, contact the agency that received the offset. You should not contact the IRS or BFS.

5. If you filed a joint tax return, you may be entitled to part or all of the refund offset. This rule applies if your spouse is solely responsible for the debt. To request your part of the refund, file Form 8379, Injured Spouse Allocation.

Options for Taxpayers Who Owe Taxes

If you owe taxes but can’t pay in full, the IRS has options for you. Most importantly, make sure you file your tax return and pay as much as you can. Then let the IRS help you choose your best option to pay. Here are some options to consider, even if you can’t pay the full amount right now:

• Borrow the money.  If you don’t have the money to pay all your taxes now, then you may want to get a loan from a bank or other source. The interest rate may be lower than the interest and penalties the IRS charges on late taxes. You also may be able to borrow against your assets or sell them to raise cash.

• Make an Online Payment Agreement.  If you are unable to pay in full, then consider paying over time. If you owe $50,000 or less, you can apply for an installment agreement. You may choose to make convenient monthly direct debit payments for up to 72 months. With this option, there are no checks to write or send. And you won’t miss a payment or pay late.  One can apply by filing Form 9465, Installment Agreement Request.

The IRS can also help if your tax debt is more than $50,000 or you need more than six years to pay. In these cases, the IRS may ask for further financial information. See Form 433-A or Form 433-F, Collection Information Statement.

• Use an Offer in Compromise as a last resort.  An Offer in Compromise is an agreement that allows you to settle your tax debt for less than the full amount. Generally, the IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable time. The IRS looks at several factors to make a decision on your offer.