Thirty services across bookkeeping, tax, payroll and business formation, all handled in one Homestead, FL office so the numbers agree from start to finish.
Premium Tax & Accounting Services works with owner-run small businesses and the people behind them: sole proprietors, single-member and multi-member LLCs, S-Corporations, C-Corporations and individual filers. Some clients need everything, from monthly books through payroll to the year-end return. Others come in for one thing, often a few years of catch-up. Either way, the work is done by the same person who'll answer your questions about it, and it's done in-house so your books, payroll records and returns tell the same story.
Whether you need the books done monthly, quarterly, once a year or rebuilt from a pile of statements, the goal is the same: numbers you can trust and file from. The full picture is on our bookkeeping page.
Every transaction is categorized and reconciled each month, so you always know what came in, what went out and what's left. You get a profit and loss statement and a balance sheet soon after the month closes, and tax season starts with books that are already finished. It's the right fit when the business has steady activity, employees or a loan, and waiting a whole quarter to see the numbers would cost you.
More on monthly bookkeepingWhen volume is lighter, four catch-up points a year is plenty. Each quarter is reconciled against your bank and card statements and closed out with reports you can read in five minutes. The timing lines up with estimated tax deadlines, so you see your actual profit before a payment is due instead of guessing at it.
More on quarterly bookkeepingSome businesses only need their books built once a year, right before the return. You hand over the year's bank statements, card statements and receipts. Every transaction gets sorted to the right account and the finished books go straight to the tax side of the office. One handoff, and your return is built on numbers that reconcile.
More on annual bookkeepingThis is the reason most owners first call. Months or years of statements nobody opened, a books file that stopped matching the bank, receipts in a box under the desk. The missing periods get rebuilt in order, every account gets reconciled, and you end up with a current set of books you can file from. You don't need to organize anything first. Bring what you have, and you'll hear exactly what's missing.
More on catch-up bookkeepingIf your business runs on QuickBooks Desktop, the file gets set up right from the start: a chart of accounts that matches how you actually operate, bank imports, sales tax items where they apply and user access that makes sense. From there it's maintained month after month, so the file stays accurate and ready for the return. QuickBooks Online files are handled as well.
More on QuickBooks DesktopA QuickBooks file can look busy and still be wrong. Duplicate entries, expenses parked in a catch-all account, owner draws booked as wages, uncleared checks from years ago. The file gets reviewed line by line, transactions are reclassified to the right accounts, duplicates come out and every account is reconciled to its statements, so your reports finally describe the business you run.
More on a QuickBooks cleanupDoing your own entry and just want a second set of eyes on it? Your bank and credit card accounts get reconciled to the statements each period, anything that doesn't match gets flagged, and you receive a short list of items to fix or explain. You keep control of the day-to-day. The balances get checked by someone who does this every day.
More on bank reconciliationBanks, landlords, bonding companies and loan programs all ask for the same two documents: a profit and loss statement and a balance sheet they can rely on. Clean, properly formatted statements are prepared from your reconciled books, ready to hand over the day someone asks, or whenever you want a straight look at how the year is going.
More on financial statementsBusiness returns for every entity type, personal returns, planning during the year and help for the years that slipped by unfiled. The full picture is on our tax services page.
S-Corporation owners need a return that ties to the books and gets every K-1 right, because those K-1s drive each shareholder's personal return. Form 1120-S is prepared and e-filed, the split between your payroll wages and your distributions gets reviewed, and anything likely to draw questions is flagged before it goes out. You'll understand what you're signing.
More on your S-Corp returnA C-Corporation files its own return and pays its own tax, which makes the details matter. Form 1120 is prepared from reconciled books with the schedules that come with it, and you get a plain explanation of what the corporation owes and why. If the structure still suits your business, good. If it no longer does, you'll hear that too.
More on your C-Corp returnMulti-member LLCs and partnerships file Form 1065 and issue a K-1 to every partner. The return is prepared and e-filed, income and losses are allocated the way your operating agreement says, and K-1s go out early enough that nobody's personal return gets stuck waiting on the business.
More on your partnership returnIf you work for yourself, your business lives on Schedule C of your personal return. Barbers, landscapers, plumbers, contractors and freelancers all land here. Every expense you're entitled to gets claimed, self-employment tax is figured correctly, and your reported income lines up with the 1099s the IRS already has on file.
More on your Schedule CW-2 employees, families and business owners all file a 1040. Yours is prepared and e-filed with every form you received accounted for, and with the credits and deductions that fit your situation. You'll know your refund or balance due before anything is submitted.
More on your personal returnThe cheapest time to lower a tax bill is before December 31, not after. Your numbers get reviewed during the year, the likely bill gets projected, and the decisions that move it get talked through: how you pay yourself, when to buy equipment, whether your entity still fits and how much to set aside. You head into filing season knowing the number.
More on tax planningIf no employer withholds tax from your income, the IRS expects payments four times a year. Each estimate is calculated from your real numbers, you get the amounts and due dates ahead of time, and the figures are adjusted as the year changes, so April doesn't arrive with a balance due plus an underpayment penalty.
More on quarterly estimatesMissing a year or two, or more, is more common than most people think, and it's fixable. Your income records get gathered, what's missing gets rebuilt, and each unfiled return is prepared and filed in order. Then you get a clear picture of what's owed, if anything, and what comes next. The sooner it starts, the less time penalties and interest have to grow.
More on your unfiled returnsFound a missing 1099, a dependent who wasn't claimed or a deduction that got left off? The original return is reviewed, the amendment is prepared (Form 1040-X for individuals, or the matching amended business return) and filed with a clear explanation of what changed and why.
More on an amended returnWeekly, bi-weekly, semi-monthly or monthly runs, plus every federal and Florida payroll filing that goes with them. The full picture is on our payroll page.
Crews and hourly staff who expect a check every Friday need payroll that runs every Friday. Weekly payroll is processed with withholding and deductions calculated, pay stubs delivered and direct deposit handled, so your people get paid correctly and on time while you stay on the job.
More on weekly payrollEvery other week is the most common schedule for small employers. Each bi-weekly run accounts for hours, overtime and tips where they apply, and the records tie directly into your payroll tax filings and year-end forms, so nothing has to be rebuilt in January.
More on bi-weekly payrollPaying salaried staff on the 15th and the last day of the month? Semi-monthly payroll runs on those dates, with pay prorated for new hires and departures and withholding kept accurate even when pay periods don't line up neatly with work weeks.
More on semi-monthly payrollFor an S-Corp owner paying themselves a salary, or a small salaried team, a single monthly run keeps things simple. Withholding is handled each month and owner wages land on the books exactly the way the business return needs them.
More on monthly payrollWithholding the tax is half the job. Depositing it on schedule and filing the returns is the other half. Federal payroll tax deposits are made on time, Form 941 is filed every quarter and Form 940 every year, so missed deadlines and the penalties attached to them stop being something you think about.
More on payroll tax filingsAt year end every employee needs a W-2, and the Social Security Administration needs copies. W-2s are prepared from the year's payroll records, delivered to your staff by the January deadline and filed, reconciled to what was reported on your 941s all year.
More on W-2sPaid a subcontractor, an independent stylist or a landlord this year? Those payments may need a 1099. The people who should receive one are identified, W-9 details are collected, and 1099-NEC and 1099-MISC forms are prepared and filed, so the people you paid and the IRS see the same numbers.
More on 1099sFlorida employers file a reemployment tax report every quarter and pay state unemployment tax on employee wages. Your quarterly SUTA reports are prepared and filed, each employee's taxable wage base is tracked, and your state account stays current.
More on SUTA filingsFlorida LLCs and corporations formed, federal tax IDs issued and annual reports filed on time, with the books ready before the first sale. The full picture is on our business formation and registration page.
Starting out, or moving a side business into its own entity? Your Florida LLC is formed and filed with the state, and the steps that come right after are lined up: the federal tax ID, the records your bank will ask for and books that are set up from the first transaction.
More on your LLCOnce profits reach a certain level, an S-Corporation can change how much self-employment tax you pay. First comes an honest look at whether the election makes sense for your numbers. Then the corporation is formed, or the election is filed for your existing LLC, and the owner payroll an S-Corp requires is set up.
More on your S-CorporationFor a business planning to bring in investors or keep earnings inside the company, a C-Corporation can be the right structure. The articles of incorporation are filed in Florida, the federal tax ID is put in place, and the books and tax calendar the corporation will need are set up from day one.
More on your C-CorporationYour business needs an Employer Identification Number to open a bank account, run payroll and file its returns. The EIN application is filed with the IRS for you, with the legal name and entity type matching your state filing so nothing gets rejected later.
More on your EINEvery Florida LLC and corporation must file an annual report with the state between January 1 and May 1. File late and there's a fee. Skip it long enough and the state dissolves the company. The deadline is tracked and your annual report is filed each year, so your business stays active.
More on your annual reportNo need to switch systems to work together. These are the programs the office works in every day.
Barbershops, beauty salons, landscapers, plumbers, construction contractors, home health care agencies and restaurants make up much of the client list. Each has its own payroll rhythm, its own 1099 questions and its own way of handling cash, and the books are kept with that in mind.
Chair and booth rent, cash and card tips, product sales and the owner's own return, kept straight.
How we help barbershopsBooth renters versus commission stylists, 1099s versus payroll, and retail product on the books.
How we help beauty salonsRainy-season rushes, trucks and trailers, and crew payroll that holds up through the slow months.
How we help landscapersJob income, materials, service vans and helpers on payroll, with estimates paid on time.
How we help plumbersCrew payroll, subcontractor W-9s and 1099-NECs, and the books caught up after a busy stretch.
How we help construction contractorsCaregiver payroll and overtime, restaurant tips through payroll, and daily sales matched to deposits.
How we help home health care & restaurantsMost owners aren't. Describe where things stand and you'll get a clear recommendation, whether that's one service or several.