Business & Financial Solutions
Business & Financial Solutions
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Monthly Archives: December 2016

Internal Revenue Service Cracking Down on Payroll Services

Internal Revenue Service Cracking Down on Payroll Services

Employers that retain payroll services should be advised of IRS regulations, and changes, as they relate to payroll service companies. The Treasury Inspector General for Tax Administration (TIGTA) recently sent a report to the IRS, citing improvements needed to safeguard and protect employers that use payroll providers. A TIGTA Audit Report No. 2015-40-023 states, Processes Are Needed to Link Third-Party... continue reading →
Form SS-8 May Help Solve Problems with IRS

Form SS-8 May Help Solve Problems with IRS

You can face serious consequences if you do not know the difference between an employee and an independent contractor. It could cause you to unknowingly misclassify your workers. Business & Financial Solutions has educated companies and employees on the issues affecting both sides of the working relationship. We have helped prevent and/or solve problems with IRS. Form SS-8 is used... continue reading →
Costly Tax Mistakes That Individuals Make

Costly Tax Mistakes That Individuals Make

Business & Financial Solutions is a professional firm and our goal is to simplify your life. To assist in our goals we have comprised a list of common assumptions that lead too costly tax mistakes when filing income taxes. Tax mistakes can mean much more than just a computation error. The tax code is long and complex, so it’s... continue reading →

Recent Posts

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  • Treasury and IRS begin delivering second round of Economic Impact Payments to millions of Americans
  • SBA Clears Up Confusion Over PPP Forgiveness Application Due Date

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Office Locations In Maryland

5100 Buckeystown Pike Ste 250,
Frederick, MD 21704

17 W Jefferson St Ste 007,
Rockville, MD 20850

Office Location In Virginia

7918 Jones Branch Drive, Ste 405,
Tysons VA 22102

About BFS

Visit us in McLean Virginia, Frederick or Rockville, Maryland (Washington DC Metro Area)

Phone toll free: (855) 557-2222
Fax: (240) 297-1054
E-mail: info@bfswebsite.com

Business & Financial Solutions is a tax and accounting CPA firm. Our offices are located in Fairfax County, VA and Montgomery and Frederick Counties, MD. Our company is highly motivated in helping individuals and companies (private and non-profit) become successful in start-ups. BFS offers assistance with ongoing small to mid-size business management, consulting, accounting and a variety of tax services.

Maryland, Virginia, Washington DC
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