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: Leave the complexities of Orlando business taxes to our seasoned CPAs. With an average of 17 years in the industry, they'll ensure your filings are accurate and maximize your savings. Trust the experts to navigate Florida's tax landscape and keep more profits in your pocket.
Bookkeeping: Maintain a rock-solid financial foundation with our meticulous Orlando bookkeeping services. We'll deliver precise, error-free books that empower data-driven decisions to propel your business forward. Easy-to-grasp reporting equips your accountant with the insights to model a prosperous future.
Tax Advisory: Taxes impact your Orlando business all year long, not just in April. Our affordable advisory service pairs you with a dedicated small business CPA to strategically minimize your Florida tax burden while ensuring full compliance as regulations evolve.
Payroll: Kiss payroll headaches goodbye with our comprehensive service handling payments, tax filings, and submissions to Orlando's authorities. We'll make sure everything is accurate and on time so you can focus on driving your business.
Business Formation: Get started on the right foot by formally establishing your Florida business with our complimentary incorporation services. Just cover the Orlando fees, and we'll handle the rest, optimizing your structure for maximum tax efficiency and growth potential.
Level | Rate |
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State Tax Rate | 6% |
County Tax Rate | 1% |
Municipal Tax Rate | None |
Combined Sales Tax Rate | 7% |
City-Specific Taxes |
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You can register for payroll in Florida through the Department of Revenue. |
Licenses and Permits |
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Must apply for a certificate of use with information about the space you are occupying. |
Grants and Funding in Orlando | Grants and Funding Information |
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The Mom and Pop Small Business Grant Program | The Mom and Pop Small Business Grant Program offers funding opportunities for small owned and operated businesses to purchase equipment, supplies, advertising/marketing, inventory, building liability insurance, security systems and to make minor renovations. |
When choosing an accountant or bookkeeper for your Florida 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 Orlando. This includes familiarity with the city's prominent industries, such as tourism, entertainment, and technology, 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 specific industry advantages. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
When someone plans a trip to Florida, chances are they're heading to Orlando. While there is an excellent array of vacation options within the state, Orlando is the most popular, with its tourism association claiming it's "the most visited destination in the United States." Orlando's popularity has not gone unnoticed, which is why many entrepreneurs and business owners operate within its borders. Core industries essential to Orlando's economic prosperity include technology and simulation, aerospace, and real estate. However, tourism and hospitality are the most critical industries driving Orlando's economy.
Orlando has a reputation for its generous entertainment options and well-known theme parks, but there are enjoyable activities that bypass the large crowds. When business owners and entrepreneurs aren't working, they might be paddling in a swan-shaped boat in Lake Eola Park or learning about alligator safety at Gatorland before visiting the Orlando Museum of Art to see the latest masterpiece, all while taking in the beautiful sunny weather. Full-time residents appreciate the mix of mainstream entertainment and quirkier local attractions, including numerous family-friendly options that everyone can enjoy.
*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.