Honoring Black History Month

February 10, 2022

Setting Every Community Up for Refund Deposits (SECURD)

Fresno CA- African American entrepreneur Marshawn Govan stated that it  has been a long journey and an intense process for us to have a mobile app that represents our products and services as a black-owned Fintech company that is underrepresented in the United States. We are proud to launch our mobile app during black history month in 2022 by honoring the contributions that African Americans have made throughout history, while also recognizing that the fight for racial justice and equitable access to capital markets continues to this day.

The company is preparing to go public this year in 2022  to be listed on the OTC markets and is welcoming accredited investors. SEC Filing 

The company is currently raising capital on Wefunder to allow retail investors to invest as little as $100 in our company to build the next financial institution which will very soon redefine the tax industry for the better.

https://wefunder.com/mkgenterprisescorps

As more consumers rely on using their mobile phone devices nowadays Americans Check Their Phones 8 Billion Times a Day, making Banking-As-A-Service and online mobile tax preparation a game-changer. Banking as a Service is reconfiguring the banking value chain, enabling new digital banking.

Launched during black history month users can download MKG Tax Consultants  tax-filing app on Apple App Store

MKG Tax Consultants will enable startup businesses to open bank accounts conveniently from their mobile phone, send/ receive ACH deposits, instantly issue virtual and plastic debits cards, pay bills, manage cash flow securely online with an FDIC Insured business bank account. Most economists will agree that small businesses are the backbone of the nation’s economy.

They create more new jobs, provide goods and services that bigger businesses may see as not worth their while, and support their local communities. The importance of separating personal finances from business expenses. 

MKG Enterprises Corp Financial Services is a diversified financial technology company that provides tax refund financial products primarily to customers with limited access to consumer credit from banks, thrifts, credit cards, and lenders. As a leading mobile tax refund FinTech we provide tax advantage IRA accounts, crypto tax service and digital wallets.

Third-Party Digital currency wallets allow users to pay or receive US tax refunds in digital currencies such as Bitcoin, Ether, Pax Gold, USDC, USDP and more, with settlement made in Fiat (or the currency of your choice)

The company is licensed as a finance Lender & Broker by the California Department of Financial Protection and Innovation. CFL license No.60 DBO-45224 allows us to provide non-recourse tax refund loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit cards, and lenders.

The goal is to give underprivileged and underbanked families access to consumer credit to be able to affordably finance auto loans, finance solar systems, home improvements, make a down payment on a home, investing and/or pay off debt leveraging their tax refund as collateral using a proprietary banking & finance app.

Our strive for continued growth and success is to provide personal and business financial security and independence by providing insurance services that include auto, home, life, health, retirement plans and business insurance to safeguard your assets and protect against loss.

The app is suggested to allow a customer to more easily apply for and receive a short term loan that would be based upon customer’s expected Federal Tax Refund as collateral and repayment provided by MKG Enterprises Corp. and its affiliate’s MKG Tax Consultants. In regards to the New IRS Tax Law passed the PATH ACT delaying tax refunds until Feb 15

The PATH ACT of 2015

House Amendment #2 to the Senate Amendment to HR 2029, Protecting Americans from Tax Hikes (PATH) Act of 2015 – gop.gov

 

Features

• Data validations and pre-populated fields

• Complex computations and calculations

• Strong back-end integration

• Image capture & E-signature

• Automated workflows

• Offline data capture Results

• Entire data calculations and information can be filled in  30% lesser time than paper based forms • Reduced overall turnaround time of development by 20 – 25% (approx.)

• Acquiring 20% incremental customers and similar surge in number of transactions (approx.)

The problem MKG Enterprises Corp is solving to reduce cost and improve efficiency.

New required tax forms in order to file for tax year 2021

Stimulus Payments (Economic Impact Payments) IRS Letter 6475

If you received a 3rd stimulus payment in late January of 2021, the IRS will issue letter 6475 to file with your 2021 tax return.

https://mkgtax.wpengine.com/child-tax-credit-taxpayer-assistance/

The Credit Problem

Online lenders make consumer loans easier to access but often with high-interest rates and impractical repayment plans. These risky lenders may also use linked bank accounts to collect repayment of loans and extract daily payments. And since the lender is not attached to the success of the borrower they typically won’t offer flexible terms of repayment. Some borrowers get to a place where every dollar of revenue is committed to repaying the principal and interest on a loan, trapping their business in a cycle of debt that’s almost impossible to escape.

Plus, borrowers who can pay off the loan in full are often discouraged from doing so by prepayment penalties that serve to increase the borrower’s debt and the online lender’s profits. If the borrower can’t pay back a loan, lenders have obtained judgments and seized assets sometimes worth more than the loan itself. The borrower is then forced to declare bankruptcy.

The Solution:

Restoring the American Credit System, Credit is a cornerstone of the U.S. economy, and access to affordable credit is central to unlocking upward mobility and opportunity. 

The FICO score was invented in 1956 and remains the standard for determining who is approved for credit and at what interest rate. While FICO is rarely the only input in a lending decision, most banks use simple, rules-based systems that consider only a limited number of variables. Unfortunately, because legacy credit systems fail to properly identify and quantify risk, millions of creditworthy individuals are left out of the system, and millions more pay too much to borrow money.

MKG Tax Consultants Use Case 

  1. Chat feature to instant message your tax preparer, answer questions
  2. Free to download, apply for a tax refund accepted loan from your mobile phone.
  3. Eliminate the hassle to drop by tax office unexpectedly
  4. Skip the line, download our mobile app, prepare your taxes anywhere and get your max tax refund.
  5.  Improved customer service
  6.  Eliminate taking time off work.
  7. No waiting to see a tax preparer for hours.
  8. Compatible with ISO & Android
  9. Safe, convenient, secure, share information and upload documents with your tax preparer
  10. Covid free tax filing option

MKG Tax Consultants 

4021 N Fresno Street Suite 107 Fresno, CA 93726

559-412-7248 | 866-675-3933 | email: [email protected]

Website: https://mkgtax.wpengine.com

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