Build something of your own, At Molimar Tax Consulting Service, we proudly support the businesses that make our communities stronger.Whether you operate as a Partnership, C-Corporation, or S-Corporation, every business structure has its own tax responsibilities and deadlines. Our goal is to help you understand these requirements clearly and confidently, so your business stays compliant and continues to grow.
C-Corporations
C-Corporations must file Form 1120 to report income and expenses for the year. Unlike pass-through entities, C-Corporations pay taxes at the corporate level before distributing profits to shareholders.
We guide business owners through this process, helping immigrant and minority-owned corporations stay organized, compliant, and ready for every tax season.
S-Corporations & Partnerships
S-Corporations and Partnerships are pass-through entities, meaning income flows directly to the owners’ personal returns.
- S-Corporations file Form 1120S
- Partnerships file Form 1065
- Each owner receives a K-1 showing their share of income and expenses
We help small business owners — especially first-generation entrepreneurs — understand how these forms work and ensure each partner reports correctly.
Payroll Tax Returns
If your business has employees, payroll taxes must be filed consistently and accurately. This includes:
- Form 941 (Quarterly)
- Form 944 (Annual)
- Form 940 (Federal Unemployment)
- Maryland Forms MW506 & MW508
We help employers, including those new to the U.S. tax system, avoid costly penalties by keeping payroll filings on time and properly documented.
Business Tax Resolution
When tax issues arise, you’re not alone. The IRS may assign a Revenue Officer to review your filings, assets, and financial situation.For immigrant and minority-owned businesses that often face added pressure, this can feel overwhelming — but we stand with you. We communicate with the IRS on your behalf, organize required documents, and work toward the best possible resolution.
If Your Business Owes Back Taxes, We Can Help
Back taxes can grow quickly and threaten your business’s future. Interest and penalties add up, and ignoring the problem only makes it worse.W e help you take control by:
- Reviewing all IRS notices
- Filing missing business tax returns
- Negotiating payment options
- Protecting your business from aggressive collection actions
Our mission is to give every entrepreneur … especially those who feel unheard or overlooked the confidence and support to resolve past tax issues.
Getting Back Into Tax Compliance
The first step toward resolving tax problems is getting compliant for the current year.
We help you:
- Organize business records
- Stay on top of quarterly estimated payments
- Set up simple bookkeeping systems for small businesses and independent contractors
When you understand your numbers, you gain power , and you stop the cycle of owing the IRS year after year.
At Molimar, We’re More Than Tax Preparers … We’re Partners in Your Success
Whether you’re building a business from the ground up, expanding a family business, or stepping into entrepreneurship for the first time, we’re here to guide you with honesty, clarity, and care.
You deserve a team that understands your journey.
And we’re proud to be that team.
Business Services for all- especially for Immigrant, miniorites, and women who often overcome extra challenges