Accounting Done For You

Don’t Waste Your Valuable Time on Bookkeeping and Finances… Give Yourself Time to Do What You Do Best – Go Out and Get More Clients!

Most small business owners waste valuable time attempting to manage finances and keep up the bookkeeping end of their business when the time could be far better spent focusing on the service or the clients your business specialize in.

The successful small business owner knows to spend more time on work means generating more profit. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals!

Monthly or quarterly, depending on the size of your business and your specific needs, we will take care of the following accounting and bookkeeping services, which benefit your business in the following ways…

  • Bank reconciliation…
    • Identify lost checks, lost deposits, or unauthorized wire transfers.
    • Detect and prevent embezzlement of funds from within your business.
    • Track your business growth and manage your cash effectively.
    • Protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business.
  • Income statements…
    • We will provide you with regular profit / loss statements that will help you track the operating costs of your business.
    • Understand what areas of your business are over / under budget and identify the specific areas that need attention to keep your business profiting.
    • Track increases in product sales or returns as a percentage of your sales.
    • Determine your current tax liability.
  • Balance sheets…
    • Gives you a snapshot of the financial health of your business at any given point of time.
    • Identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
    • Balance sheets, along with income statements, are the single most important elements for reporting to potential lenders and investors.
  • General ledger management
    • We can help you set up a general ledger system, or identify problems with your current ledger system, that will allow you to eliminate discrepancies and maintain accurate records for your business.
  • Unlimited consultations

We can also customize our service to you by adding…

Let Us Help:

Quick Contact

2022 is Coming to an End and Changes Are Ahead.

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...

How BFG Tax Help Can Assist Beyond Tax Season

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...

Did You Receive a Letter from the Unclaimed Property Division?

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...

How Can I Ensure Financial Success for My Small Business?

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...

What is a Tax Professional and Do I Need One?

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...

The Inflation Reduction Act

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...

How Can BFG Help with IRS Levy Protection?

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...

Florida Passed a Law Requiring Businesses to Submit New Hire Information for Independent Contractors. Will Texas be Next?

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...

When does the IRS Say a Hobby Becomes a Business?

With the growing number of people turning their hobbies into businesses, it’s important to understand when the Internal Revenue Service (IRS) classifies a hobby as a business. As a business, you can make deductions for expenses and you have the chance of taking a loss...

An Accounting Methods Rundown for Richardson Businesses

Before I get into accounting methods basics today (a subject near to my heart) … I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Richardson business owners are in the thick of things during this commemorative...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

Contact Us

Quick Contact