727-530-0036 info@fma-cpa.com

Any C.P.A. firm can record history. Our firm will help you build a future.

BUSINESS TAX SERVICES CLEARWATER

Business Tax Services 

Tax Planning is a Collaboration…

From start-ups to established enterprises, businesses rely on tax planners and business advisors to ensure they pay no more than their fair share of taxes.

FMA, C.P.A.’s team of seasoned tax professionals and accountants provide business tax services in Clearwater, Largo, Dunedin, Oldsmar, Lutz, Land O’ Lakes and the entire Tampa Bay area.

We work as a team to ensure that you are the most tax efficient by using all of the available deductions and credits afforded your business.  We teach you best practices to capture and document business expenses, plan for your income and tax payments and help you identify and use your financial tools to make sound decisions.

Our holistic approach considers your tax outlook for not only the current year but for your long term financial well being as well. Business tax planning requires more than a once-a-year appointment — it becomes part of a year-round discussion as we guide you and answer your questions any time you need us.

Tax Planning Services Around Tampa Bay 

When considering tax services in Clearwater, Lutz or anywhere in the Tampa Bay area, it is important to choose an accountant who is more than just a tax preparer but one that is a tax planner. At FMA, C.P.A., we take the time to understand your business and your goals and develop tax efficient strategies to achieve those goals.

Our expertise and experience drive us to utilize thorough research and analytical tools in identifying optimal tax planning opportunities within both existing and ever-changing tax law environments.

business tax services Clearwater - FMA, C.P.A.

Accounting Services

Good decisions depend on good information. From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to manage profitability, capitalize on new opportunities and monetize their businesses.

FMA, C.P.A.’s accounting services help you maintain accurate records and get meaningful reporting. This information influences financial issues such as accounting system setup, cost-containment, profitability analysis, tax efficiency planning, budgeting, cash flow forecasting and building an income statement and balance sheet that accurately reflect the business activity.

Services

  • General ledger review
  • Financial statement preparation
  • Bookkeeping (Monthly, quarterly, or annual)
  • Accounting system setup and support
  • Expense review and management
  • Payroll processing
  • Cash flow budgeting and forecasting

Business, Individual & Estate Planning

Since 1989, FMA, C.P.A. has provided expert business, individual and estate tax and accounting services to our clients in Clearwater, Largo, Dunedin, Oldsmar and the entire Tampa Bay area. When you engage with FMA, C.P.A. you can be assured you will work with a team of professionals that focus on tax planning to get you the best results.

Our highly qualified staff works as a team to be proactive in meeting your tax and accounting needs.  At FMA, C.P.A we look through the windshield with a focus on tax efficiency planning rather than just focusing on completing forms and filing tax returns.

Our expertise and experience drive us to utilize thorough research and analytical tools in identifying optimal tax planning opportunities within both existing and ever-changing tax law environments.

Even as tax and estate laws change, we keep our expertise current to build on years of experience. Our research and analytical tools enable us to discover the best tax planning opportunities for you.

Independent Contractor
Business Tax Planning

Independent contractors (or 1099 “employees”) are individuals who operate their businesses independent of their clients or “employers” and who generally report their net income on Schedule C on their personal tax returns.

Like any business entity, independent contractors need to manage their income, expenses and taxes. Without proper planning, independent contractors could pay as much as 15% or more in taxes than you should.

Your tax service needs go beyond income tax planning and should include strategy that incorporates entity structure planning, compensation and expense controls. At FMA, C.P.A. we help independent contractors reduce tax liability, get organized and employ tax strategies to help ensure they are not paying more than their fair share of taxes.

Accounting & Bookkeeping
(Monthly, Quarterly, or Annual)

As a business owner you have more important things to do than to keep your own books. We will work with you to develop a plan where we review your accounts, income, balance and general ledger on a timetable that works for you — either monthly, quarterly or annually — at your office or ours. Let an experienced, detail oriented member of our accounting team manage your books, so you can get back to the job of running your business and generating profits!

Our Services

  • Reconcile your bank account
  • Generate an income statement
  • Generate a balance sheet
  • Clean up your general ledger
  • Provide consultations

General Ledger Review

The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flow through the general ledger, a problem with your general ledger throws off all your books.

A professional review of your general ledger system allows us to locate any discrepancies such as double billings, unrecorded payments or items improperly coded to a balance sheet rather than to your income statement. We identify these discrepancies and fix the issues, making your books accurate.

Financial Statement Preparation

FMA, C.P.A. shows business owners how to set up the basic financial statements of an enterprise using best practices. Our professionals will guide you through how to read the statement and, most important, how to manage your business using this valuable information.

 

Types of Statements

  • Balance sheet (or statement of financial position)
  • Income statement
  • Cash flow statement
  • Statement of changes in owners’ equity or stockholders’ equity

Accounting System Setup & Support

Each business has different needs and different budgets for their accounting system. At FMA C.P.A., we work with our clients and identify what system best fits their needs and budget. We provide guidance on four specific decisions with regard to an accounting system, helping you understand the benefits and drawbacks of each choice you must make.

Accounting System Decisions:

  • Whether to use a cash or accrual accounting method
  • Select the proper software
  • Know what expenses should be tracked and create a chart of accounts
  • How to design and format your financial statements

Payroll Processing

Many small business owners find managing their payroll time consuming and aggravating. We work with you to reduce your stress by identifying payroll solutions that meet your business’s needs. Then, you can spend time doing what you do best — running your company.

Get the Payroll Solution That Best Fits Your Needs.

We know that when it comes to payroll service – no one size fits all. That’s why we work with Businesses on the following payroll processing options:

1. Comprehensive Payroll Services (we use Paychex, ADP and Surepay)
We work with 3rd party payroll companies to make a your transition to their systems seamless and make sure we negotiate the best price,

2. After-the-Fact-Payroll Services
FMA, C.P.A. offers after-the-fact payroll services. We manually prepare payroll records and other payroll information, so you get:

  • IRS and State tax reporting as well as EFTPS tax deposits.
  • Quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.

Cash Flow Budgeting & Forecasting

Although profit may be the ultimate goal, it can’t become a small business owner’s sole focus, because without a successful cash management plan, profit can be meaningless. FMA, C.P.A. works with clients to gain a full understanding of their cash flow and how it impacts profit. This information is central to operating a successful small business.

Our team enables you to forecast cash flow in the short and long term, in order to budget the smart way, protect yourself in lean times, and ultimately grow your business.

Get In Touch

    2641 McCormick Dr. – Suite 103
    Clearwater, FL 33759
    727-530-0036
    info@fma-cpa.com