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.
Business Tax Preparation: Have your taxes prepared and filed by an accountant with expertise in your industry and in-depth knowledge of Florida's tax laws, so you're always confident in your business tax situation. Our Gainesville-based CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Gainesville tax preparation to them!
Business Formation: Enjoy the advantages of officially establishing your business in Florida with our complimentary incorporation services. Simply cover any Gainesville 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.
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 local Gainesville bookkeeping services deliver essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling tailored to your Florida business.
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 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, with regular tax submissions to the city of Gainesville and the state of Florida, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Level | Rate |
---|---|
State Tax Rate | 6% |
County Tax Rate | 1.50% |
Municipal Tax Rate | 0% |
Combined Sales Tax Rate | 7.50% |
City-Specific Taxes |
---|
Gainesville businesses must obtain a Business Tax Receipt from the City of Gainesville. This annual tax varies based on the type and size of the business operating within the city limits. |
Licenses and Permits |
---|
Must obtain a local business tax receipt from the Alachua County/City Tax Collector's Office prior to operating a business in the county. |
There are certain types of businesses that need additional licenses from the Florida Department of Business and Professional Regulation, such as: architects, electrical and alarm contractors, landscape architecture businesses, and home inspectors. |
Grants and Funding in Gainesville | Grants and Funding Information |
---|---|
Community Partnership Grant Program | Offers matching funds for local community organizations to support projects that benefit Gainesville neighborhoods. |
SBIR and STTR Programs | Provide federal grants for small businesses engaged in innovative research and development. |
Alachua County Nature and Culture Destination Enhancement Grant | Supports arts, cultural, and nature-based events that attract tourists to Alachua County. |
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 has the right title and certifications, such as working as a CPA. They should also be fluent in Florida's specific tax regulations and compliance requirements.
Experience and Specialization: Search for professionals with experience in your specific industry. Specialized knowledge is crucial for managing industry-specific financial matters and for strategic long-term planning.
Understanding of Local Economic Conditions: Opt for a professional who understands the local economic environment in Gainesville. This includes familiarity with the city's prominent industries, such as education, healthcare, biotechnology, and agriculture, as this knowledge can impact financial decision-making and tax planning.
Knowledge of State Tax Incentives: Florida offers business-friendly tax incentives, including credits for job creation, capital investment, and research and development. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
*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.