Every year business owners must report their revenue, expenses, and profits to the Internal Revenue Service (IRS) to pay their taxes.
An additional fundamental aspect of any business is Payroll. Payroll is the function of a business paying its employees. It includes calculating withholdings and deductions, preparing paychecks, and distributing payment to employees in the form of checks and direct deposits.
Payroll also includes keeping records on those payments and paying taxes on behalf of those employees. It is necessary to track any overtime, paid (or unpaid) time off, tips, and any other miscellaneous quirks to an employee’s pay.
BFCMG, with its network of professionals, will assist you with tax planning and preparation, bookkeeping, accounting, and the complete payroll management. This is a crucial part of our service because we know how much of a hassle it can be to work on any kind of tax-related process.