NEWS

The Latest Information You Need To Know

Check back frequently for exciting content about the topics that matter to you!

Biggest Changes in the Tax Code that Will Impact You

Tax Cuts and Jobs Act of 2017 continues to impact individuals and businesses. Here are the biggest changes.

FMA, C.P.A.’s Clearwater Community Connections

Here’s why and how we’re helping strengthen the Clearwater community

Are You Experiencing These Issues with Your CPA?

4 CPA problems you don’t have to live with

3 Personal Tax Tips for 2019

3 ways to reduce your taxes even if you take the standard deduction

Case Study: How FMA, C.P.A. Saved a Doctor $5k+ a Year in Taxes

One example of how we don’t just file our clients taxes. We also reduce them.

Should I Hire a Professional to Do My Personal Taxes?

Consider these 5 benefits that come from hiring a tax professional

Florida Commercial Lease Sales Tax Rate Set to Drop Again

How this change to the Florida tax code affects your business

3 Business Tax Tips for 2019

3 big ways business owners can save on their 2019 taxes

Should I hire a Clearwater CPA firm for my business?

Does doing your own accounting and taxes really save money? Maybe not.

How FMA, C.P.A. Saved a Realtor $10k+ a Year in Taxes

A real-world example of how our business advisory services helped one client dramatically reduce their tax burden

Can Business Advisory Services Benefit a Business in Your Industry?

Before bringing in an expert to provide business advisory services in Clearwater, one thing to consider is whether they have experience and expertise working with businesses like yours.

Our 4-Point Strategy to Maximize Your Profit

We go beyond tax and accounting services, providing business advisory services that will help you grow your business

Any CPA firm can record history. We help you build a future.

FMA, C.P.A. is the Clearwater CPA firm that will help your business maximize its future

Will your employee travel expense reimbursements pass muster with the IRS?

Does your business reimburse employees’ work-related travel expenses? If you do, you know that it can help you attract and retain employees. If you don’t, you might want to start, because changes under the Tax Cuts and Jobs Act (TCJA) make such...

The TCJA changes some rules for deducting pass-through business losses

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs Act (TCJA) further restricts the amount of losses that sole proprietors, partners, S...

Why the “kiddie tax” is more dangerous than ever

Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of their young children or grandchildren in lower income tax brackets. To discourage such strategies, Congress created the “kiddie” tax back in...

A midyear review should go beyond financials

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably encounter a few bumps along the way and, hopefully, reach your destination with some success and a few lessons learned. The middle of the...

What businesses need to know about the tax treatment of bitcoin and other virtual currencies

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency. While most smaller businesses aren’t yet...

The new tax law gives pass-through businesses a valuable deduction

Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21% may be one of the most talked about provisions of the Tax Cuts and Jobs Act (TCJA), C corporations aren’t the only type of entity significantly benefiting...

Research & Development credit — what are the potential tax savings and what businesses are eligible

The Tax Cuts and Jobs Act (TCJA) may create opportunities for research and development (R&D) credits to be used for tax savings not previously considered. The topics listed below should be evaluated for prospects to use R&D credits: Alternative Minimum Tax (AMT) Tax...

Why Cash Flow Planning is Critical in 2018

Why cashflow planning is critical in 2018 Cashflow is simply the amount of money coming in versus going out. Sounds simple right? Sometimes it is not a matter of simply having more coming in than going out, but how the ebb and flow is structured and if...

Tips For Finding the Right Accountant

Finding the right Accountant for your business is a critical step in ensuring financial success. It’s important to find someone that will help you reach your goals. Many business owners fail because they do not have a trusted financial advisor...

The 5 Ways the New Tax Laws Will Force You to Change The Way You Do Business

The new tax plan for businesses is solidly in place, but there are still a lot of questions being asked regarding if some of the activities that many businesses deduct “really” have changed. The short answer is yes! There are a number of...