Financial services company Florida, USA by freedomtaxaccounting.com? One of the most important aspects of bookkeeping is tracking your finances. This information can help you make informed decisions about where to allocate your resources and where your business is making or losing money. There are a few key numbers you should always keep an eye on, including: Revenue: From online sales, brick-and-mortar sales, and other sources, it’s important to track how much money is coming into your business. Expenses: Keep track of all the money you’re spending on things like inventory, rent, marketing, etc. This information can help you identify areas where you’re spending too much or where you can cut costs. Profit (or loss): This is the bottom line—the difference between your revenue and expenses. Tracking your profit can help you make decisions about where to invest your resources and whether or not your business is sustainable in the long term.

You should always look to hire a Florida incorporation service that has got experience, and expertise in new Florida business registration, since you want to ensure survival for your business. We have been in the industry for a long time, and can easily handle any type of problem that you have when it comes to accounting, tax, and starting a business in Florida. There is a certain type of plan that is required to ensure that your Florida LLC, or Corporation grows and develops properly, and it is this approach that is going to make your business successful in the long run. Find more info at https://freedomtaxaccounting.com/start-a-business/.

One of the best advantages that you can get with us is our high-class tax planning services. We ensure that you have no room for complaint and get complete satisfaction in all of our tax services. We believe in meeting the expectations of all of our clients, so make sure that you come to us for the very best tax services in the industry. At Freedomtax Accounting, our tax planning services guide our clients through a full range of tax planning and tax preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow, and keep you on track to your financial goals. Our tax consultant’s expertise, experience, analysis and thorough research allow us to optimize?financial opportunities to be found in existing, as well as recently altered tax laws.

FreedomTax is an accounting firm like no other. We offer outstanding accounting services with a family presence, reaching out to help those in need. We are committed to providing professional, accurate, and comprehensive accounting and tax services to our community. Our payroll solutions streamline your payroll process, improve productivity and simplify administration. We manage the time-consuming tasks of payroll processing and employee payroll tax filing so you can focus on running your business.

Our staff is made up of a cast of tax accountant, business accountant, IRS Certified Tax Preparers, CPA (CPA services provided by third party provider), IRS Enrolled Agents, IRS Certified Acceptance Agents, QuickBooks Pro Advisors, and Business Consultants. There is no tax, nor accounting work we cannot do. Bookkeeping, Tax Return Prep, IRS Audit Defense, Tax Debt Relief, IRS Tax Problems, ITIN Numbers, Tax Id’s, Immigration, and more…..all in one place.

Our founders are Julian Vasquez, and his wife Irma Vasquez. After 10 years of accounting, and tax experience in another CPA firm in Central Florida, they opened Freedomtax Accounting in 2008 going door to door to get work. It wasn’t easy, but God’s favor allowed them to open a location, and within the first year expanded to an office double the size of their first location. At the present time, Freedomtax Accounting is grateful for God’s favor, and grace that has allowed us to prosper in these tough economic times. We are able to represent and help individuals, and corporations with any accounting, and tax problem in all 50 states in the USA. Because of our growth we have had to quadruple our office space at our Kissimmee location, we have expanded our staff to 13 accounting and tax professionals, developed graphic design, marketing consultation, and immigration services departments, and plan to open a second office location in Orlando. At Freedomtax Accounting, we are always reviewing our services to better serve our clients and community.

FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980. Contrary to popular belief, this act is not a tax at all, it’s a withholding. Just as the title implies, this withholding was designed to ensure that foreign owners of US property pay their share of taxes on the profits (or gain) when they sell. The IRS rules place the responsibility for withholding potential income tax due in the amount of 15% of the purchase price on the buyer of the real property from a foreign entity. The real property becomes the security for the IRS to ensure that they receive taxes that are due to them. If the payment is not made by the buyer, the IRS can seize the real property (or other assets of the buyer). The buyer should withhold 15% of the gross purchase price unless an exception applies and the withholding can be reduced. All funds must be submitted in a timely manner. The amount withheld must be submitted within 20 days following the day the closing took place. If a withholding certificate was applied for, any required funds must be submitted within 20 days of the withholding certificate notice. See more information at https://freedomtaxaccounting.com/.