Our Services
Business Accounting
We offer accounting and full bookkeeping services for small businesses including Personal and Business Income Taxes.
Business Consulting
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.
Payroll Services
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.
Testimonials
Read what others are saying about Totality Business Solutions.
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.
Latest News
My TaxWise Blog
- Form 7004 Rejections Related to IRS Business Rule F7004‑904‑01Some tax professionals have encountered e‑file rejections for Form 7004 referencing IRS Business Rule F7004‑904‑01.Findings from IRS and TaxWiseBased on research conducted by both TaxWise and the IRS, there is no identified issue with Business Rule F7004‑904‑01. In addition, TaxWise has confirmed through internal review that this issue does not originate within the TaxWise platform.What […]
- RESOLVED: Ohio E‑File Processing Update: Temporary Submission PauseUPDATE: The Ohio Department of Revenue successfully resumed processing individual income tax submissions after 6:00 p.m. ET, Thursday, 3/12/2026, and acknowledgements began issuing after 7:00 p.m. ET. If you were holding Ohio submissions, you may now resume transmitting returns, including any that previously failed with error codes OH‑IT1040‑164 or OH‑IT1040‑165.RESOLVED: The Ohio Department of Revenue has […]
- Form 1116 (Foreign Tax Credit) Rejections (F1116‑018) (F1116‑007‑02)IRS Update: Form 1116 Part IV Now Required for Single-Form Filers The IRS has implemented new business rules affecting validation of Form 1116, Part IV (Lines 25–32). Under the updated IRS requirements, Part IV must now be completed even if the return includes only one Form 1116. Previously, the IRS did not require entries on […]
