Our business is your business, and we want everyone to stay safe and healthy, including our staff so that we can continue to provide the best service.  Our office is open.  We ask that our visitors kindly respect the social distancing guidelines during their visit and adhere to the new posted waiting rules to allow for minimal contact.

To ensure your safety and ours, our office will be cleaned and disinfected regularly and our employees will be washing their hands, using hand sanitizer, and wearing face masks when necessary. We have placed a “sneeze shield” on the front desk and have hand sanitizer available for your use.

  • We utilize Zoom and can assist you virtually, but if you require an in-person meeting, please schedule an appointment with staff.
  • In addition to email, we encourage clients to utilize their secure portals to send information to us. If you have not sent documents through the portal previously and need assistance, please give us a call and we would be happy to walk you through it.

With all that has happened, we sure have missed seeing your friendly faces and are looking forward to seeing you soon.

Whitney Sportelli
President, Business Financials, Inc.



Some common questions we've received from clients in relation to the potential impact of COVID-19 on their businesses.

Can you stop or delay the impounds for my payroll taxes?

As of today, there have been no formal announcements regarding payroll tax relief plans from the federal, state or local governments. We are closely monitoring all legislative changes and are ready to implement immediate updates to our system. As we wait for definitive direction from our government agencies, we are allowing a non-tax filing option for clients who may need it as a last resort. This option is not advised as clients who select this option will have to assume full responsibility of their tax filing (payments and returns) and give up the stability, ease, and convenience of our tax filing service.

What if I need to suspend all payroll for the foreseeable future?

If clients need to stop processing payroll, and no payroll is processed for the entire quarter, we will continue to file the required tax returns on their behalf. Our standard quarterly inactivity fee will be waived for the 2nd quarter of 2020. Please notify our Payroll Administrator, Lisa,if the inactivity is due to the impact of COVID-19.

This situation is evolving rapidly. As new, relevant information presents itself, we will continue to be in contact.

Where can small businesses go for assistance?

The Small Business Association is working with every state governor to provide low interest loans of up to $2 million to assist with temporary loss of revenue. This loan can be used as working capital to cover accounts payable, payroll, debts and other bills that business owners are unable to pay due to the coronavirus. To learn more, click here.

Does my businesses qualify for financial assistance?

The U.S. Chamber of Commerce released an easy guide to follow to see if your business would qualify for this new financial assistance. Click here.


With so many changes happening so fast around emergency relief efforts for businesses and workers in the wake of the COVID-19 pandemic, it is difficult to keep up.  We will continue to update this page with the latest information we have available.

H.R. 6201 Families First Act of 6201

Summary: Summary of H.R. 6201 Families First Act

Details: Congressional H.R. 6201 Bill

CARES Act H.R. 748

Summary:    Summary of CARES H.R. 748

Details:  Details of CARES Act H.R. 748


On August 8, 2020, President Trump signed an executive order that defers payroll tax obligations to the end of 2020 in light of the ongoing COVID-19 disaster.  We are currently evaluating the order and are waiting for further guidance to be issued from the Department of the Treasury.

Click here to read more from The Hill.

Click here to read more from Market Watch.


CDC: Resources for Businesses and Employers

US Chamber Coronavirus Emergency Loans: Small Business Guide and Checklist

Small Business Administration

SBA Coronavirus Relief Options