2021 GENERAL TAXPAYER FILING REQUIREMENTS Article Highlights: Withholding Other Prepayments Tax Credits Earned Income Tax Credit Child Tax Credit American Opportunity Tax Credit Recovery Rebate Credit These days the tax return is used for more than just collecting taxes. It has also become a tool for the government to provide social benefits. This article discusses […]
How potential buyer to ensure that everything is in order? Many people dream of starting their own company, but if you’re one of the few who has turned their dream into reality, you know that it didn’t happen overnight. Making your business a success involved plenty of research, preparation, and hard work that you were […]
Tips to Brush up your Bookkeeping Habits May Actually Be Smarter Are you the type who makes New Year’s resolutions? Though the vast majority of those who pledge self-improvement focus on losing weight or exercising more, deciding to brush up on your bookkeeping habits may actually be smarter – and easier to stick to. If […]
WHAT IS TAX BASIS AND WHY IS IT SO IMPORTANT? Article Highlights: Definition of Tax Basis Cost Basis Adjusted Basis Gift Basis Inherited Basis Record Keeping For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a stock for $1,000, […]
How Small And Medium-Sized Business Funding Works Entrepreneurs have plenty of ideas and vision, but they don’t always have the capital that’s needed to make their dreams a reality. Small and medium-sized businesses that want to grow beyond what they’re able to accomplish with their own resources often seek funding from investors who want to […]
IRS TAX PROBLEMS Business Financial Group in Atlanta is here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and, of course, extremely discrete. Please call our office at (678) 201-1275 to set up a […]
Controller Services There are few companies that would not benefit from the advice and knowledge of an experienced controller, but hiring a company with that level of expertise is an expensive proposition that goes well beyond the budget of most small and medium-sized businesses. Hiring a professional on a part-time basis offers an excellent alternative. […]
Internal Controls We evaluate your current systems for effectiveness and efficiency. One of the most overlooked aspects of running a Atlanta business is the establishment of internal controls and policies to ensure that things are run smoothly and efficiently and that protections of your resources are put in place. Having an experienced and well-trained professional […]
Non-Profit Organizations As a non-profit organization, the IRS has specific reporting requirements that must be met each and every year in order to continue to qualify for tax-exempt status. This includes submitting Form 990 and its relations, including a number of specific items such as: An Income Statement providing category breakdowns on donations, salaries paid, […]
Bussiness Consulting Business Financial Group helps you operate a more efficient and compliant small business. Business Financial Group considers its role as an experienced and trusted advisor on issues of critical importance to your business: new start-ups, finance, operations and profit planning. Our advisors can help you by delivering services that keep your business on […]