Blog

If you receive a 1099-K form this year, it’s important to know what this is and why you’re receiving it. Although these forms are nothing new, many people have never heard of them and receiving one may spark some confusion or concern. You’re not getting it by mistake,...

With a new year comes new changes, new tax laws, and new ways to protect your assets. As this year closes, it’s important to understand what changes are coming in the new year and how you can protect your financial future. Changes from Elections At the November 8th...

Tax season can be a stressful and worrisome time for many people, especially if you own a business. However, there is a lot outside of tax season that you have to worry about. At BFG Tax Help, we strive to ensure your best possible financial outcome year-round. We...

Some businesses are beginning to receive letters from the Unclaimed Property Division of the Texas Comptroller of Public Accounts. These letters are being sent out in batched with no clear methodology as far as which businesses will receive their letter, or when they...

Whether you’re starting a new business, or your small business is already established, it’s important to ensure that you are doing all that you can to protect the financial future of that business. At BFG Tax Help, we understand that every business is unique and...

At BFG Tax Help, we are tax professionals that provide a variety of solutions for your individual and business needs in Richardson, Texas. If you’ve never needed a tax professional, then you may not know what they do or if you may need one. Tax Professional as Defined...

Once again, Congress has passed and the President has signed legislation into law that has material tax implications. As with anything that comes out of Washington DC, the experts and opinions are so varied that the information being presented has more to do with...

When the IRS levies your property, you may wake up to your bank accounts empty, your assets gone, and your wages being garnished. When dealing with the IRS, there’s no “affordable payment plan”. They want to get their money back in full as quickly as possible. When...

In June, Florida Governor Rick DeSantis signed a Bill into law that requires businesses to submit new hire information to the state’s Department of Revenue. The law will go into effect on October 1, 2022, and will require businesses that pay an independent contractor...