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: Navigating the complex tax landscape in Tampa can be daunting, but our CPAs have over 17 years of experience on average, ensuring your business stays compliant while maximizing savings. Leverage their industry-specific expertise to save thousands annually on your Florida business taxes.
Business Formation: Officially establishing your business in Florida unlocks numerous advantages. Our complimentary incorporation services will manage the process for you, covering any Tampa fees. Experience the benefits of an optimized business structure and maximum tax savings from day one.
Bookkeeping: Precise, error-free bookkeeping is the foundation of sound financial management. Our meticulous process delivers clear reporting and insights, empowering you to make data-driven decisions for your Tampa business. Solidify your financial base, manage cash flow effectively, and provide your accountant with the tools for vital financial modeling.
Tax Advisory: Tax considerations extend far beyond April in the Sunshine State. Our affordable tax advisory service provides year-round guidance from a dedicated small business CPA, ensuring strategic planning to minimize your tax liability in Tampa while maintaining compliance.
Payroll: Free up valuable time by entrusting your payroll to our comprehensive services. We'll handle regular tax submissions to the city of Tampa, ensuring accuracy and allowing you to focus on driving your business forward.
Level | Rate |
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State Tax Rate | 6% |
County Tax Rate | 1.5% |
Municipal Tax Rate | None |
Combined Sales Tax Rate | 7.5% |
City-Specific Taxes |
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Tampa businesses must pay a tax on business furniture, equipment, assets, etc. |
Licenses and Permits |
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Must obtain a business tax receipt to operate in the city. |
The Tampa Community Redevelopment Agency offers grants for exterior and interior improvements for businesses:
Grants and Funding in Tampa | Grants and Funding Information |
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Commercial Exterior Grant | 50% matching grant, up to $50,000, for exterior repairs for businesses within the City of Tampa's CRA districts |
Commercial Interior Grant | 50% matching grant, up to $50,000, for interior repairs for businesses within the City of Tampa's CRA Districts |
Special Projects Grant | Request for CRA funding, generally up to $1,000,000, for projects that don't meet the requirements of the grants above or if the funding amount requested is greater than the above grant maximums |
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 appropriate credentials and certifications, such as working as a CPA. They should also be well-versed in Florida's unique tax laws and compliance requirements.
Experience and Specialization: Look for professionals with a proven track record in your specific industry. Specialized knowledge is essential for managing industry-specific financial issues and for strategic long-term planning.
Understanding of Local Economic Conditions: Choose a professional who understands the local economic landscape in Tampa. This includes familiarity with the city's key industries, such as tourism, healthcare, and financial services, as this knowledge can influence financial decision-making and tax planning.
Knowledge of State Tax Incentives: Florida offers various business-friendly tax incentives, including credits for job creation, capital investment, and specific industry benefits. A knowledgeable financial expert can help you navigate these incentives and provide recommendations to reduce your tax liabilities.
Tampa, Florida, offers a diversity of things to do, which is reflected in its thriving, diversified economy. Tampa has benefited from the state's pro-business posture, reflected in the growth of the city's core industries, including defense, information technology, and professional services. This growth has attracted a pool of qualified professionals to the region, as well as entrepreneurs and small business owners interested in contributing to Tampa's positive economic momentum.Find out how our tax professionals can help your Tampa-based business grow.
For full-time residents and their families living in Tampa, there's so much to enjoy. That enjoyment starts with the incredible weather and Florida sun and extends to numerous activities promoting the best of what Tampa offers. Tampa has several beautiful beaches in the area, along with the Florida Aquarium, for people who would rather look at the fish than swim with them. Tampa has a thriving nightlife scene with diverse entertainment options and restaurants when the sun goes down, making for great dining and social experiences.
*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.