LEARN THE 101'S OF TAXES, ACCOUNTING, & LLC'S FROM THE #1 ACCOUNTANT IN TAMPA. 

Short term rental tips from a Tampa Accountant!

Are you living between a high-income state (CA) and a low-income state (FL) and confused about navigating taxes? Read below! In this article, we will talk about: What is a part-year resident How CA defines a 'part-year resident' Examples! 1 - First things first, determine your states and your dates! First and foremost, it's important to know exactly what states (i.e. CA, FL) you established residency in and exactly what dates (i.e. Jan-June, June-Dec) such residency was estab

tampa accountant taxes tampa working on tax returns

tampa accountant taxes tampa

A Tampa Accountant who has worked with thousands of business owners reviews the pros/cons and common questions surrounding S-Corps! 8 Most commonly asked questions related to S-Corps: What is an S-Corp and how does it differ from an LLC? What are the main advantages of choosing an S-Corp structure? When does it make financial sense to elect S-Corp status for my business? Are there any restrictions on operating as an S-Corp in certain industries? How does an S-Corp affect my 1

Report your LLC ownership or get up to a $10,000 file!? Read below for the FinCEN BOI spark notes from our Tampa Accountant. FinCEN BOI Reporting, effective 01/01/2024, now wants most domestic entities to report their ownership or face $10,000 in fines and possible jail time. Below our Tampa Accountant breaks down the who, what, when, where, and why of the new BOI report. What is a BOI Report? BOI stands for Beneficial Ownership Information Reporting. It's exactly what it so

Did you just start a Florida non-profit and need to pay yourself? Below are the do's and do not's! First things first, make sure you set up your Florida Non-Profit correctly! The 3 core things to know about starting a Florida nonprofit are: Registering with the IRS Registering with the State State Licensing Making sure you have your entity created correctly in the first place will save you hundreds of hours of headaches later down the road. Examples of common mistakes we see

Tax Planning is often neglected by most accountants. If you fail to plan, you plan to fail. Why tax planning is key! Navigating income tax is hard enough, let a Tampa Accountant help you get ahead of it with tax planning! Our 3-step process: Tax Projections Tax Planning Tax Preparation Tax Planning is one of the most crucial things you can do as a business owner because it (1) helps you identify areas you may not be maximizing and/or capitalizing on so that (2) you have enou

The internet can be a rabbit hole of information, but what is the difference between an LLC, S-Corp, and C-Corp? A Tampa Accountant discusses! Starting a Small Business is hard enough, let a Tampa Accountant help you take care of the formation piece so you can focus on selling! 3 Common Types of Entities we'll review: Single-Member LLC S-Corporation C-Corporation 1 - What a Single-Member LLC is and isn't. A single-member LLC is one of the many entity types you will default to

Small business accounting tips from a Tampa Bookkeeper!

When you’re ready to start a nonprofit, it can be overwhelming. Let a Tampa Accountant explain the 101s of starting a Florida nonprofit!

When you’re ready to start formal payroll for the first time, it can be overwhelming. Let a Tampa Accountant explain the 101s of payroll.

Having an LLC is amazing. See how a Tampa Accountant can help you stay organized in just a few steps. Learn more now!

Navigating sales tax can be a headache! See how a Tampa Accountant can help you stay compliant in just a few steps. Learn more now!

If you started an E-Commerce business, just make sure you’re ready for the compliance that follows it. Read below for insight from our Tampa

Not all IRS Letters are created equal. Some are easy fixes & others are not. A Tampa Accountant talks about the 101’s of reading your IRS Notice! So, you received an IRS Letter, now what? First things first, let’s understand what it’s about. Like most people, you likely had a small heart attack when you saw an IRS Letter in your mailbox! Even more so after you opened it and saw a possible penalty listed, you’re trying to rack your brain on how this could happen. Well, don’t f

Different types of taxes you may be subject to as a Florida Business, as researched by a Tampa Accountant.

If you haven’t filed taxes in a while, it can be overwhelming, all the more reason to hire an Accountant in Tampa to help! If you’re behind on filing taxes, an Accountant in Tampa can help you get caught up and squared away in just a few steps. If you haven’t filed taxes in years, the first step is to calm down! Although it isn’t ideal, you’re definitely not alone. We have worked with tons of clients who haven’t filed tax returns since as far back as 2013. Now that we know yo

Don't let the unknown about taxes stop you from starting your business. Let a Tampa Accountant help you navigate your first venture!

Are you considering switching Tampa Accountants? Our guide outlines key factors to consider when making the switch. Learn more now!