Business & Financial Solutions
Business & Financial Solutions
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Monthly Archives: November 2017

How To Spend My Grant Money. How To Account For Spending The Funds

How To Spend My Grant Money. How To Account For Spending The Funds

If it weren’t for the availability of grants, many people would not be afforded the opportunity of education, let alone a career. A grant is a sum of capital that doesn’t have to be reimbursed to the donor. Grants can be awarded by various modes including organizations, foundations, companies, and ordinary citizens who have extra funding to spare. Our... continue reading →
A Simple User Guide to Grant Revenue Recognition for Nonprofits

A Simple User Guide to Grant Revenue Recognition for Nonprofits

When accountants discuss “revenue recognition” it may sound just a bit cloudy. When nonprofit accounting becomes part of the discussion, you may think that it is confusing depending on the Tax Services you need. Deciding whether or not a source of funds is revenue can be difficult to determine. Not-for-profit businesses have trouble answering questions like “How do we... continue reading →

Recent Posts

  • IRS Taxpayer Rights What Are They, What Is The Right To Finality
  • Temporary Change To Business Meal Deduction For 2021 & 2022
  • How Seniors Can Use Required Minimum Distribution (RMDs) In IRA For Charity & Lower Taxes
  • Short Term Capital Gains Tax On Crypto You Bought & Sold in 2021
  • 7 Important Things Taxpayers Should Consider When Selling a House

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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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