For Small Business

IMPORTANT: Due to COVID-19  recent developments, The Treasury has announced tax changes that affect all businesses and individuals!!  

These changes include an extension until July 15, 2020  to file your small business or individual taxes. 

Please check the more recent information stimulus updates related to COVID-19 on the SBA website.

Coronavirus Funding Options

Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses.

Click here for more detailed information regarding loans for small businesses!

Financial controls have always been a necessity for every business, regardless of its size. Whether your business is a sole proprietorship, family owned, public shareholder owned or private shareholders corporation, financial control is always needed. Why? Because there are many interested parties that need to know about the financial situation of the business such as business owners, stockholders, vendors, financial institutions, federal and state government agencies, etc.

Our Tax Preparation and Consulting Services are oriented towards small businesses and individuals. Small businesses have been affected by the challenging economy after Covid-19 and in many cases, they need to obtain small business loans to survive and keep the small company running and operating normally. Castillo Business Consultant plays an important role, by providing professional advice on tax and small business financial operations, as well as reasonable and conscious prices that can be afforded by any small company or individual.

We have been providing services to small businesses and individuals for over 8 years. Our professional team is prepared to help by organizing and registering businesses with tax agencies, as well as city and state licensing. We also provide bookkeeping and payroll services in addition to tax preparation. Within our current clients we have sole proprietors, S corporations, C corporations, general partnerships and LLCs, trusts, and in the past we have provided services to non-profit organizations. Our clients represent a variety of industries. They include grocery stores, restaurants, contractors, cleaning services, real estate companies, beauty salons, and other service businesses. Our clients are located in the cities of Chelsea, Everett, Revere, East Boston, Boston, Brighton, Somerville, Waltham, and Marlboro.

Bookkeeping Services

Our bookkeeping service has been designed with small businesses in mind and putting their growth first. We guide them in how to handle cash flow, organize documents, keep records for supporting any financial report that eventually will be used for applying for a business loan, make important business decisions, and file and pay federal and state taxes.

Payroll Service

Our payroll service has been designed with small businesses in mind. Consequently, our clients have nearly all the help they need in one place. We cover all the payroll reporting requirements, processing tax payments, processing employee forms, W2s and 1099s for contractors. We also process paychecks on a weekly and bi-weekly basis, and we answer insurance audit with payroll reporting. Some of our clients are required to file a certified payroll report which is included with our service

Applying for Business Licensing

Every business needs to be in compliance with city and state regulations and in order to continue operating it, the owner needs to obtain a license according to their type of business. Our company is always available to prepare the necessary paperwork for licensing and also making a trip to get their licenses, whether it is at city hall, health department, corporation division, Department of Revenue, or the IRS. This also includes services of registering a corporation or LLC with the corporation division.

Business Income Tax Preparation

After we have registered your business, obtained licenses, processed your bookkeeping and payroll, we are ready for prepare and file your business income tax. Each year we help small businesses with filing and paying their taxes and business dues with the federal and state government. We prepare income taxes for sole proprietors, S corporations, C corporations, general partnerships, LLCs, trusts, and some non-profit organizations.

Other Business Taxes

Depending on the type of business, you have other tax requirements. Our company is always advising our clients to be in compliance with their business tax. This service includes sales tax returns, sales tax on meal returns, payroll tax returns, and estimated tax payments.

Other Services

Additionally, we help our clients with Spanish-English translation of documents, document notarization, writing letters to different companies or government agencies, invoicing, obtaining installment payment agreements and advising them with tax and financial concerns. We can also help if you are closing your business.

Our focus is in providing small businesses with all the accounting and financial services they need in a single place in order to save our clients time and money.

Taxpayer refund advances.

We are offering refund advances at no cost to the taxpayer in the amount of $500 or $1000.00. This refund advance can be received by check or loaded to a prepaid visa card. Contact us with any questions or additional information.