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.
- IRS announces 2021 PTIN fees for tax return preparersWASHINGTON — The Internal Revenue Service announced today the annual fee for 2021 that tax return preparers must pay to apply for or renew their Preparer Tax Identification Number (PTIN). In final regulations issued today, the IRS set a $21 fee per PTIN application or renewal (plus a $14.95 fee payable to a contractor). Anyone […]
- Delayed Response time in Receiving E-file Acknowledgements (Acks)As the 1040 filing deadline approaches, we are experiencing extremely high volume in e-filing and customers may experience longer wait times for acknowledgements (acks) from the Electronic Filing Center (EFC) and the IRS.We recommend that you transmit e-files early (don't wait until the deadline) and often (not in large batches) during this period, as acks may take longer to […]
- IRS Reject R0000-932-02 - Possibly Related to Economic Impact PaymentDuplicate returns related to Economic Impact Payment (EIP): If a filer used the Non-Filers tool to register for EIP, they cannot file a subsequent tax return electronically. If preparers attempt to e-file on their behalf, it may result in an IRS Reject R0000-932-02 message (see "Duplicate Filing Conditions" info below).Returns for these individuals must be paper […]