Services
Tax and Accounting Services for Your Business
Tax, accounting, and payroll for businesses and the self-employed, across the U.S. and abroad.
Tax Preparation and Filing
We prepare tax returns for corporations, partnerships, and self-employed business owners and assist with applicable information reporting.
We also prepare personal tax returns for business owners and other individual clients.
- Business returnsS corporations (Form 1120-S), C corporations (Form 1120), partnerships (Form 1065), and sole proprietors (Schedule C).
- Personal tax returnsForm 1040 and Form 1040-NR, as applicable.
- Other filingsBusiness personal property tax returns, sales tax returns, amended returns, and Forms 1099 for reportable payments.
- Foreign account and asset reportingFBAR (FinCEN Form 114) and Form 8938, when applicable.
Accounting and Bookkeeping
We keep your business books monthly, quarterly, or annually.
We also offer QuickBooks Online training and guidance for clients who manage their own books.
Payroll Services
We help businesses process payroll and manage related tax deposits, filings, and year-end reporting.
- Payroll processing.
- Federal and state payroll tax deposits according to applicable schedules.
- Quarterly and annual payroll tax returns, including Forms 941 and 940, as applicable.
- State withholding and unemployment reporting.
- Year-end Forms W-2 and applicable Forms 1099.
Tax Planning
Plan ahead with tax projections and guidance based on your business income, operations, and goals.
We help you evaluate potential tax strategies, estimated payment needs, and the tax implications of eligible retirement account contributions.
IRS and State Tax Assistance
If you receive a tax notice or have an outstanding balance, we can help you understand the issue and evaluate your next steps.
IRS representation is provided by Geirson Bejarano, EA. State assistance is subject to applicable representation requirements.
- Review of notices, IRS account transcripts, and tax records.
- Assistance responding to notices and addressing account issues.
- Evaluation of payment arrangements based on eligibility and financial circumstances.
- Assistance with state tax notices and related matters.
Business Formation
We help you form and register your U.S. LLC or corporation.
We work with clients in the United States and abroad.
- LLC or corporation formation and registration.
- Employer Identification Number (EIN) applications.
- Assistance with operating agreements or corporate bylaws, as appropriate.
- State withholding and unemployment account registrations when needed for payroll.
- Guidance on business bank account requirements.
ITIN Services (Tax ID)
We assist eligible individuals with applications for a new Individual Taxpayer Identification Number (ITIN) and renewals of existing ITINs.
As an IRS Acceptance Agent, B&F Consultants explains the documents and Form W-7 your application needs. Contact us to review your case.