NBS Tax Prep & Business Solutions

NBS Tax Prep & Business Solutions Since 1992, we have provided services in Tax Preparation, Bookkeeping, Church & Business Management A C C O U N T I N G
We understand your business is complex.

T A X P R E P A R A T I O N
For many, income tax planning and preparation means making sure their accountants have their returns out before April 15. For you, it should mean proper planning not only for April, but also throughout the year. Our tax planning experts can help minimize your personal and business tax liabilities. There are many things to consider – how to operate on a daily basis, ho

w to manage personnel & payroll, when to invoice for products delivered, how to stay compliant, and more. Our bookkeeping and outsourced accounting services enable small to mid-sized businesses and entrepreneurs to streamline operations, saving both money and time… giving you more time to do what you do best — tell the world about your company. R E A L E S T A T E P L A N N I N G
As the real estate industry has its own intricacies and regulations, we have staff committed to providing up-to-date tax services specific to your company. In addition to our tax minimization strategies, we also offer business consulting services, cash flow management, accounting and bookkeeping, outsourced controllership and more. Want to learn how our real estate accounting services can benefit your business? Give us a call today. C O M M E R C I A L L E N D I N G
The primary reason any individual invests in a business is for the returns involved. When the chances of those returns being higher than any other investment is substantial, then the impetus to invest in that venture that much more is inevitable. Given the burgeoning start-up scene nationally and globally, it is no surprise that investing in small business is the way to go, especially when you can reap rewards 5x and more than your original commitment to the business.

Although various states have additional time to file, if you were not impacted, let's still get your returns complete so...
10/03/2024

Although various states have additional time to file, if you were not impacted, let's still get your returns complete so that it's one less thing on your "to do" list.

Check the IRS site to check for updates for your state:

https://www.irs.gov/newsroom/around-the-nation

03/24/2024

I've helped so many people to fill out the W4's correctly over these last couple of weeks.

If your tax situation didn't look how you're used to it looking, then it's likely because you still though doing Single and "0" was the best...when it's not...

The most recent W4 form is very different...

If you need some help, then NBS Tax Prep & Business Solutions can help you make sure you get it right before these 1st quarter payments are due....

We can not only show you what to do, but we can help you understand WHY...

12/30/2020

Special message to individuals who filed their 2019 tax returns and used a refund transfer (RAL/RAC/bank product that gave you your refund early)... BEFORE YOU GO ACCUSING YOUR TAX PERSON OF KEEPING YOUR MONEY PLEASE READ THIS...

Although the IRS is aware there is a bank product indicator on the tax return that could be filtered on to avoid sending stimulus payments to bank product providers like Republic Bank, it appears that did not occur as intended. As a result, the IRS has sent some EIP-2 payments for taxpayers to RAL/RAC/Advance Issuing bank.

EIP-2 there are more challenges because many systems have been rolled over in preparation for the tax season beginning in January of 2021. As part of that process the refund distribution data has been archived and the temporary accounts that we established to receive the 2019 tax refunds are closed and no longer available to receive funds.

Returned Payment Details:

This means that the deposits will be automatically returned to the IRS. Based on information published on the IRS website, payments for returned deposits will promptly be reissued as a check or prepaid card and mailed to the taxpayer’s address on file at the IRS or, if applicable, a more recently updated address with the U.S. Postal Service.
For the most current information on how the IRS will resend payments, go to the Questions section on www.irs.gov/eip.

Taxpayers with returned payments will also be able to get updated information on the re-distribution of their returned payment on the IRS Get My Payment tool. We hope this information will be updated quickly but according to the IRS, it could take up to 7 10 days for the returned payment to reflect the updated status on the IRS Get My Payment tool.

Unlike the first round of stimulus payments, we do not expect that batches of payments will continue to be released for several months. The government is committed to getting all of these second payments out by January 15th.

The NBS staff takes the necessary steps to be knowledgeable to serve clients all year not just the first quarter of the ...
12/18/2020

The NBS staff takes the necessary steps to be knowledgeable to serve clients all year not just the first quarter of the year.

Full time focus with several decades of experience.

IRS E-file goes live January 23rd, but we will open our doors day one to start processing your returns.    25 years in b...
12/05/2016

IRS E-file goes live January 23rd, but we will open our doors day one to start processing your returns. 25 years in business and over 35 years of experience!

03/31/2016

"If you reject information, then you reject abundance." -Tracey Walker (24 hour Web-A-Thon) Are you on?

Address

1002 Ingersoll Drive, Ste 1
Phenix City, AL
36867

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