Taxes

• Tax Planning
  From choosing the right business entity to strategic tax planning, we work closely with you to create a tax framework that aligns with your business goals. Our approach goes beyond compliance – we aim to empower you with the knowledge and strategies needed to maximize your financial potential.
• Tax Services
  We understand that the tax landscape is ever-evolving, and that’s why our approach is proactive. We go beyond traditional tax management, offering strategic insights that keep you ahead of the curve. It’s not just about crunching numbers; it’s about shaping a tax strategy that works for you. Let our experts redefine your financial strategy, making taxes a tool for financial success, not a burden.
• Form 1065
  File a 2017 calendar year return (Form 1065). This due date applies only if you were given an additional 5-month extension Details
• Income Tax
  An employer, regardless of the number of workers they employ, must maintain all records pertaining to payroll taxes (income tax withholding, Social Security, and federal unemployment tax) for at least four years after the tax becomes due or is paid, whichever is later. Altogether, 20 different kinds of employment records must be kept just to satisfy federal requirements.

Investment

• Investment Management
  MAKING INVESTMENTS THAT MATCH people’s personal values has changed significantly over the past few decades. Early versions of “socially responsible” or “values-based” investing were primarily based on excluding specific investments that conflicted with an individual’s values (often at a potential cost in returns). But impact investing reflects a more active, results-driven investment approach. It’s based on a growing body of evidence that companies that are focused on accounting for both risks and opportunities linked to the environment, communities they operate in and society as a whole may potentially produce better financial results than those that aren’t, says Anna Snider, head of due diligence for the Chief Investment Office, Bank of America Global Wealth & Investment Management. “Impact investing points to tangible results and helps to move things forward in a positive way — not just making a moral judgment,” she says.
• Mutual Funds
  A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. While there is no legal definition of the term “mutual fund”, it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as “investment companies” or “registered investment companies”. Hedge funds are not mutual funds, primarily because they cannot be sold to the general public.
• Bonds
• Money Market Funds
  Mutual funds are generally classified by their principal investments. The four main categories of funds are money market funds, bond or fixed income funds, stock or equity funds, and hybrid funds. Funds may also be categorized as an index (or passively managed) or actively managed.

Accounting

• Accounting Services
  The precision in their accounting services saved us from costly errors. Now, tax season is a breeze, and we have more time to focus on our business.
• Payroll Services
  Welcome to Babs Associates Inc., where we redefine payroll management with a commitment to accuracy, compliance, and efficiency. Our payroll services are designed to streamline your operations, allowing you to focus on what matters most – the growth of your business.
• Bookkeeping Services

Planning

• Financial Planning
  Babs Associates’ loan calculator simplified my financial planning. It’s user-friendly and helped me understand the implications of various loan options
• Retirement Planning
  Retirement planning, in a financial context, refers to allocating savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to...