Tax Planning & Preparation

Preparing your own tax return can be extremely difficult with today's complex tax code and may often leave you with more questions than answers.

These days, the majority of people and small businesses use a professional tax preparer to assist with the preparation of taxes. Even if you are just filing a simple return, the rules may change from year to year and it is easy to overlook these changes and submit an incorrect return. By doing your taxes yourself, you may also end up overlooking deductions and credits.

At Business Solutions, Inc, we have the expertise that is needed to help you file your returns while also helping you to minimize your tax liability with careful planning.

Our tax preparation services include:

• Individual Tax Preparation
• Business Tax Return Preparation
• Sol Proprietor or Single Member LLC Tax Preparation
• Gift & Estate Tax Return Preparation
• Non-Profit Tax Preparation
• Partnership & Corporate Tax Preparation
• Estate and Succession Planning
• Out-of-State Returns
• Business Start-Ups
• Ex-Pat Taxes

Small Business Accounting

If you are struggling with keeping up with the bookkeeping tasks for your business, you need to hire a professional. If you can’t afford the services of a full-time accountant but would enjoy the expertise that comes along with one, Business Solutions, Inc can help.

Here are the small business accounting services that we offer:

• Monthly Reports and Statements
• Profit and Loss Statement
• Trial Balance
• Balance Sheet
• General Ledger Report
• Bank Reconciliation
• Payroll Reconciliation

Payroll Service

Managing payroll may not seem like a critical task until something goes wrong. It can be time-consuming, but, more importantly, it requires a good knowledge of the tax laws and deposit rules.As a Massachusetts small business, it can be challenging to keep up with all of these tasks. In addition to paychecks, a professional payroll service can help generate the payroll forms that you require, file your payroll tax returns and more in order to help you keep your business running smoothly.

Comprehensive Payroll Solutions

At Business Solutions, Inc, our Massachusetts payroll services are designed to provide you with a comprehensive solution for managing your payroll duties. With our services, you will only need to provide your employee data, such as the hours that have been worked, employee address information and other related details. Once we receive the data, we'll handle the rest.

Here are the payroll services that we offer:

• Checks or Direct Deposit for Your Employees
• Federal Tax Liabilities
• State & Local Tax Liabilities
• Unemployment Tax Liabilities
• Quarterly Tax Forms
• Year-End Tax Forms
• Customized Payroll Reports
• Tax Deposit Services
• W-2s and 1099s