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.

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.

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.

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.

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!

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.

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.

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.

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.

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.