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Accounting and Bookkeeping Services in Coral Springs, Florida
1-800Accountant, America's leading virtual accounting firm for small businesses, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Our Accounting Services for Coral Springs Small Businesses
Business Tax Preparation: Have your taxes prepared and filed by an accountant with expertise in Florida's tax laws and Coral Springs' local regulations, so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Coral Springs business tax preparation to them!
Business Formation: Enjoy the advantages of officially establishing your business in Florida with our complimentary incorporation services. Simply cover any Coral Springs fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings in Florida.
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. Our familiarity with the Coral Springs business environment allows us to deliver tailored solutions. This meticulous process provides essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated Coral Springs small business tax advisor. Strategic planning helps minimize your business tax liability in Florida throughout the year while ensuring compliance with all state and local regulations.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, including regular tax submissions to the city of Coral Springs and the state of Florida. We ensure accuracy and compliance with all local requirements, freeing you to focus on other vital aspects of your business.
| Level | Rate |
|---|---|
| State Tax Rate | 6% |
| County Tax Rate | 1% |
| Municipal Tax Rate | 0% |
| Combined Sales Tax Rate | 7% |
| City-Specific Taxes |
|---|
| County and City-Specific Taxes: Coral Springs businesses are required to collect a combined sales tax rate of 7.0%, which includes the Florida state sales tax of 6.0% and the Broward County sales tax of 1.0%. |
| Licenses and Permits |
|---|
| City-specific licenses and permits: Must obtain a Business Tax Receipt, which serves as the city's business license. |
| Grants and Funding in Coral Springs | Grants and Funding Information |
|---|---|
| Broward County Small Business Micro-Grant Pilot Program | Offers up to $2,500 in reimbursable expenses for small businesses registered in Broward County, covering costs like inventory, equipment, rent, and marketing. |
| Commercial Property Enhancement Grant - City of Coral Springs | Provides financial assistance covering 50% of documented hard costs for improving commercial building aesthetics and safety within the Community Redevelopment Area. |
What to Look for in Coral Springs, Florida Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper holds the appropriate certifications, such as being a Certified Public Accountant (CPA) licensed in Florida. They should be well-versed in Florida's specific tax laws, regulations, and compliance requirements to effectively manage your financial matters.
Experience and Specialization: Look for professionals who have experience in your particular industry. Specialized knowledge is vital for handling industry-specific financial intricacies and for strategic long-term financial planning. Whether you're in healthcare, retail, or real estate, finding an accountant familiar with your field can provide valuable insights.
Understanding of Local Economic Conditions: Choose a professional who understands the local economic environment in Coral Springs. Familiarity with the city's business landscape, including prominent sectors like healthcare, education, and retail, can significantly impact financial decision-making and tax planning. Their local insights can help you navigate economic trends that may affect your business.
Knowledge of State Tax Incentives: Florida offers various tax incentives aimed at promoting business growth, such as credits for job creation, capital investment, and research and development. A knowledgeable financial professional can help you navigate these incentives and provide recommendations to minimize your tax burden while maximizing available benefits.
Talk to a business tax expert today for all your tax needs in Coral Springs.
Additional Florida Accounting Resources:
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Florida’s Tax Rates For Small Businesses and Corporations
How To Register Your Small Business In Florida
How Much Does It Cost to Set up an S Corp in Florida?
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.