File Your Taxes Anywhere and Get Your Max Tax Refund
MKG Tax Refund Solutions staff are highly knowledgeable about all the Refundable tax credits are called “refundable” because they can reduce your tax liability below zero and allow you to receive a tax refund. If you qualify for a refundable credit and the amount of the credit is larger than the tax you owe, you will receive a refund for the difference.
Download the MKG Tax Refund Mobile App, refer a friend and receive $50 dollars cash or 2 day 3 night vacation valid only with paid tax preparation.
Our licensed professionals are experienced in both personal and business tax returns.
We specialize in preparing:
*Individual Tax Returns
*Small Business Returns
Get 30% off your tax prep fees when you bundle your Auto, Home, Life or Health Insurance with us.
The American Opportunity Tax Credit modifies the existing Hope Credit. The AOTC makes the Hope Credit available to a broader range of taxpayers, including many with higher incomes and those who owe no tax. It also adds required course materials to the list of qualifying expenses and allows the credit to be claimed for four post-secondary education years instead of two. Many of those eligible will qualify for the maximum annual credit of $2,500 per student.
The full credit is available to individuals whose modified adjusted gross income is $80,000 or less, or $160,000 or less for married couples filing a joint return. The credit is phased out for taxpayers with incomes above these levels. These income limits are higher than under the existing Hope and Lifetime Learning Credits.
The AOTC applied to tax years 2009 and 2010 under ARRA. The credit was extended to apply for tax years 2011 and 2012 by the Tax Relief and Job Creation Act of 2010. The American Taxpayer Relief Act of 2012 extended the AOTC for five years through December 2017.
Refer a friend to MKG Tax Consultants
We love referrals! The greatest testament that our customers can provide is by referring their friends and family to MKG Tax Consultants. Thank you for your referral, and we thank you even more for your continued business.
MKG Tax Consultants
909 E Belmont Ave | Fresno, CA 93701 | Phone (559) 412-7248