We offer accounting and full bookkeeping services for small businesses including Personal and Business Income Taxes.
We offer Free Consultation regarding your income taxes and small businesses. We assist with income tax estimates, Small Business Set-Up, applying for Personal and Business loans, and buy/sell of businesses.
Full payroll services are offered including filing reports and paying PR taxes, direct deposit, officer’s salary, and filing 1099s & W2s.
Real Estate Services
Buying or Selling your properties or applying for a mortgage, we help you with that.
TBS is a Public Accounting and Business Consulting firm. We have helped several of our clients with Year-End Financial Statements and help them to identify all possible expenses related to their industry and more specifically to their business activities. Once Year-End Financial Statements are prepared, completing business and personal Income Tax Returns will be seamless to you.
- IR-2022-19: All third Economic Impact Payments issuedThe Internal Revenue Service announced today that all third-round Economic Impact Payments have been issued and reminds people how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax return as part of the 2021 Recovery Rebate Credit.Parents of a child born in 2021 – or parents and guardians who added […]
- Update - Current issue with TPG SubmissionsWe are continuing to work diligently with TPG regarding the issue with rejecting bank applications. You may receive the following codes when working with TPG:01652: RT resubmittal cannot be processed, Advance decision complete01655: RT rec can't be submitted after initial RL rec; RT in place for fund process 01801: Bank Product Record - Primary SSN field not found in tax return database 01894: Credit product […]
- Important Information Concerning Form 8839 Qualified Adoption ExpensesWe are aware of an issue with the IRS schema concerning the maximum adoption credit allowed on Form 8839 Qualified Adoption Expenses. Per the form and instructions, the maximum allowable credit is $14,440; however, the IRS schema has this value set as $14,400. Any e-filed return that includes the maximum $14,440 will receive IRS Rejection […]