Financial Literacy First

Financial Literacy First Our nonprofit company teaches classes in financial literacy. Our goal is to educate both young peop

Before You Pay, Verify.The IRS continues to expand online access to tax information for individuals and eligible busines...
08/26/2026

Before You Pay, Verify.

The IRS continues to expand online access to tax information for individuals and eligible business owners, making it easier to review balances, payments, tax records, transcripts, and certain notices.

That access can also help you verify information before taking action.

The IRS warns that scammers may impersonate the agency through emails, text messages, phone calls, and even fraudulent letters. If a communication is unexpected, pressures you to act quickly, requests sensitive information, or demands immediate payment, take time to verify it first.

Before responding or sending payment:

✅ Review the communication carefully.
✅ Check your IRS Individual or Business Tax Account when applicable.
✅ Never share your online account credentials.
✅ If something doesn’t look right, verify before sending money or personal information.

Stay informed. Verify first. Act with confidence.

BFMS Inc | Business & Financial Management Services
📞 720-329-2999
✉️ [email protected]

08/24/2026

Contratar u Organizarte primero? ✍🏼

If you’re self-employed, own a small business, or receive income that doesn’t have taxes withheld from it, you may need ...
08/19/2026

If you’re self-employed, own a small business, or receive income that doesn’t have taxes withheld from it, you may need to make estimated tax payments throughout the year.

Generally, individuals—including sole proprietors, partners, and S-corporation shareholders—may need to make estimated payments if they expect to owe $1,000 or more in tax when they file their return.

Why?
Because federal income taxes are generally pay-as-you-go. If taxes aren’t being withheld from your income, estimated payments are one way to pay throughout the year rather than potentially facing a large tax bill when you file.

And here’s the part many business owners don’t realize:
Estimated taxes aren’t just about income tax, they can also include self-employment tax and other taxes that may apply to your situation.

📌 Who might need to make estimated payments?
• Freelancers & independent contractors
• Sole proprietors
• Partners in a partnership
• S-corporation shareholders
• People with significant income that doesn’t have enough tax withholding

There are exceptions and additional rules, so the $1,000 number isn’t the only thing that determines whether you need to pay.

💡 The takeaway: Don’t wait until tax season to find out whether you should have been making payments.

If you’re self-employed or your income has changed significantly this year, now is a good time to review your numbers and make sure you’re on track.

🎓 Want to learn more?
We’re hosting a webinar all about estimated taxes where we’ll break down how estimated taxes work, who may need to pay them, important deadlines, and what you should be thinking about throughout the year.

If estimated taxes have you confused, this webinar is for you!
📩 Stay tuned for the webinar details—or send us a message to learn more.


Bookkeeping Accounting TaxPlanning FinancialManagement BFMS TaxWebinar

A New School Year Is a Great Time for a Financial Reset!New notebooks.New routines.New goals.Why not a new money habit?P...
08/14/2026

A New School Year Is a Great Time for a Financial Reset!

New notebooks.
New routines.
New goals.

Why not a new money habit?

Pick ONE:
* Start saving automatically
* Track your spending
* Create a budget
* Pay down debt
* Review your subscriptions

Turn back-to-school shopping into a financial lesson.Give them a budget and let them decide:“You have $50. What are you ...
08/12/2026

Turn back-to-school shopping into a financial lesson.

Give them a budget and let them decide:
“You have $50. What are you going to buy?”

They learn budgeting, prioritizing, comparison shopping, and making trade-offs—all while shopping for school supplies.

Can you believe we’re already wrapping up another month?!Before you jump into the weekend, take a few minutes to reflect...
07/31/2026

Can you believe we’re already wrapping up another month?!
Before you jump into the weekend, take a few minutes to reflect on July.

💭 Ask yourself:
✔️ What went well this month?
✔️ What financial habit am I proud of?
✔️ What could I improve in August?
✔️ What’s one goal I want to accomplish before summer ends?

Progress isn’t about being perfect, it’s about making small, consistent improvements over time.
Every month is a chance to reset, refocus, and move one step closer to your goals.

Here’s to finishing July strong and welcoming August with a clear plan and fresh perspective.
Have a safe, relaxing weekend! 🌿

💬 What’s one financial or business goal you’re bringing into August?

FinancialWellness Bookkeeping BusinessGrowth MoneyManagement BFMS

If you’re self-employed, a freelancer, a contractor, or a small business owner, this is your reminder to mark your calen...
07/30/2026

If you’re self-employed, a freelancer, a contractor, or a small business owner, this is your reminder to mark your calendar.
September 15 is the deadline for third-quarter estimated tax payments.

If you haven’t already, now is a great time to review your income, estimate what you may owe, and make a plan before the deadline arrives. A little preparation today can save you time, money, and stress later.

Need help calculating your estimated tax payment or understanding whether it applies to you? We’re here to help.


Accounting BusinessFinance FinancialWellness TaxPlanning BFMS

07/27/2026

Down time is so important! Taking a vacation leaves you feeling reenergized, more ready to work, and with new ideas!

accountant tax payroll finance bookkeeper entrepreneur taxseason bookkeepingservices accountingservices businessowner quickbooks money cpa taxreturn accountants incometax taxpreparer smallbusinessowner taxprofessional taxplanning audit taxrefund taxpreparation taxtips startup

One of the biggest tax misconceptions is that filing an extension gives you extra time for everything. It doesn’t.An ext...
07/24/2026

One of the biggest tax misconceptions is that filing an extension gives you extra time for everything. It doesn’t.
An extension gives you more time to file your tax return, but it does not extend the deadline to pay any taxes you owe.

If you owed taxes after the original filing deadline, the IRS may continue to charge interest, and penalties may also apply if the balance remains unpaid.

If you weren’t able to pay your full balance by the original due date, don’t ignore it. Filing your return as soon as possible and exploring payment options can help reduce additional costs and get you back on track.

Tax deadlines can be confusing, and every situation is different. If you’re unsure how an extension affects you or your business, we’re here to help you understand your options.


Bookkeeping Accounting FinancialWellness TaxPlanning BusinessAndFinancialManagement

07/21/2026

5 razones porque contratar un contador 👀

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Greenwood Village, CO
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