Your Industries Quick Guide
It’s crucial to choose a Industries who can proactively minimize your tax burden by up to $1M/year, while helping you to grow your profits.
Increase profitability | ||
Upfront fixed fee | ||
Proactive and innovative |
The Importance of a Specialized Industries
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We’ll Integrate with Your Cloud Accounting Software
Industry Data Management
Data management regulations are essential for industries as they safeguard sensitive information, thereby building trust with consumers and stakeholders. Furthermore, these regulations provide a framework for compliance, risk mitigation, and improved operational efficiency by outlining best practices for data handling and usage.
Health Insurance Portability & Accountability Act (HIPAA)
Health Insurance Portability & Accountability Act (HIPAA)
HIPAA prescribes guidelines for the use and sharing of patients’ health information, ensuring the confidentiality of Protected Health Information (PHI) and its secure disposal, whether in physical or electronic form. Non-compliance can lead to fines as steep as $1.5 million.
Health Information Technology for Economic & Clinical Health Act (HITECH)
Health Information Technology for Economic & Clinical Health Act (HITECH)
HITECH implements measures to protect the privacy and security of healthcare data, particularly in relation to its electronic transfer. The act encourages better methods for storing and destroying PHI.
State Medical Record Retention Laws
State Medical Record Retention Laws
Every state mandates a certain duration for retaining medical records, usually between 6 to 10 years. After this period, the records need to be disposed of according to federal and local privacy regulations.
How Do We Save You $10K+ to $1M+ in Taxes?
Using Our “Tax Planning” Strategies
Using Our “Tax Planning” Strategies
The Tax Plan For Current Year & Beyond | ✓ |
Deduction Review & Strategy Planning | ✓ |
Legal Entity Optimization Across LLC, S Corp, Partnership | ✓ |
Retirement Options To Save While Minimizing Taxes | ✓ |
Insurance Review To Protect Assets & Reduce Taxes | ✓ |
TCJA, FFCRA, CARES Review For Liability Minimization | ✓ |
IRS & Court Case References Support Positions | ✓ |
Core Strategy Implementation | ✓ |
Business Tax Preparation | ✓ |
Quarterly Estimated Payments | ✓ |
Quarterly Core Tax Planning & Implementation | ✓ |
Quarterly 1-On-1 Review Tax Position | ✓ |
Looking for More Advanced Strategies?
Asset Protection
Tax-Advantaged Wealth
Exit & Capital Gains
Niches Specific
International
Your Financial Partners
With 27 years of experience, we specialize in best-in-class tax minimization strategies, personalized advisory, and technology-driven efficiency.
We formed Accountant Partners so business owners like yourself would receive partner-level value in accounting, reporting, and strategic advisory, providing real-time insights that help minimize your tax burden and maximize profitability.
Our holistic approach ensures quality-consistency, efficiency, and peace of mind communication, allowing you to focus on what you do best.
As your trusted partner, we aim to build a strong, long-lasting relationship to grow your business profitably and create a long lasting advantage towards continuous success.
Allan Bayer | Accountant Partners
Partner
Trusted by Sarasota Business Owners
We Strive for World Class Service
Switching Accountants Is Easier Than You Think
Switching accountants only seems like a major pain in the butt…
But in reality, it’s a brief communication with your current accountant:
Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.
The Only CPA Firm with a Pricing Guarantee
Our pricing guarantee is simple: If we don’t quote you upfront for the work, we don’t expect you to pay. Whether that’s in our first engagement with you, or it’s in 20 years from now.
You’ll never receive an unpleasant surprise in our invoicing.
Our guarantee makes it a no-brainer to work with Small Business Accountant Sarasota.
Book Your Free Consultation
If you’re looking to grow your business and willing to listen to new and better ideas, then we’re the trusted Small Business Accountant for you.
During our initial consultation, we’ll review your immediate needs and provide a course of action with a fixed-fee quote (no surprise bills here).
FAQs
How many accountants should a small business have?
A small business typically needs one accountant or can outsource accounting services, depending on its complexity. As the business grows, a larger accounting team may be necessary to handle bookkeeping, tax filings, payroll, and financial strategy.
What is the primary goal of accounting for a small business owner?
The primary goal of accounting for a small business owner is to provide clear financial insight, ensure regulatory compliance, track profitability, and help with informed decision-making to support long-term growth and financial stability.
How can an accountant help a business owner?
An accountant helps a business owner by managing financial records, optimizing tax strategies, ensuring regulatory compliance, providing insights into financial health, and offering guidance on budgeting, cash flow management, and investment decisions to support business growth.
How do I check if an accountant is qualified?
To check if an accountant is qualified, verify their certification (CPA or equivalent), review their professional experience, check for memberships in recognized accounting bodies, and look for client testimonials or references to ensure they have relevant expertise for your business needs.
What advice can an accountant give?
An accountant can advise on tax strategies, financial planning, budgeting, cost control, cash flow management, and investment opportunities. They can also guide you through business expansions, acquisitions, and financial compliance to optimize the business’s financial performance.
What does an accountant do for a business owner?
An accountant handles bookkeeping, tax filings, financial reporting, payroll, and compliance. They also provide valuable financial insights, help in budgeting, reduce tax liabilities, and offer strategic advice to help the business owner make sound financial decisions.
What is the difference between a bookkeeper and an accountant?
A bookkeeper records daily financial transactions like sales, purchases, and payments, ensuring accurate ledgers. An accountant, on the other hand, interprets financial data, prepares reports, advises on financial strategies, and handles tax filing and compliance.
Do I need an accountant for a small business in Sarasota?
Yes, having an accountant for a small business in Sarasota can be beneficial. An accountant ensures tax compliance with local regulations, manages financial records, and offers advice on optimizing expenses and growing your business in line with state and federal laws.
Can a business operate and function without an accountant?
While a business can operate without an accountant, it may struggle with maintaining accurate financial records, tax compliance, and financial strategy. DIY accounting often leads to errors, missed opportunities for savings, and increased risk of regulatory issues.
What is small business accounting?
Small business accounting involves tracking, analyzing, and managing financial transactions, including bookkeeping, tax preparation, payroll, and financial reporting. It ensures the business meets legal obligations and offers insights that help owners make informed financial decisions.
Your Next Steps
Request a Consultation |
We’ll review your immediate needs and provide a course of action to help you save money on taxes and grow your business.
How We Helped a Business Grow & Exit for $1.7M |
See how one business owner unlocked $1M in capital.
Industries Locations Near You
7259 Seaworthy Dr
Huntington Beach, CA
92648
(657) 300-6966
2010 NW 150th Ave ste 202
Pembroke Pines, FL
33028
(754) 238-0525
Three Reasons to Work With Us
A Focus on Owner-Managers
Our practice is organized to serve private companies and their Owners. We offer exceptional service that is focused on increasing profitability, preserving wealth from tax and increasing your net worth.
Proven Track Record
We’ve been consulting Business Owners for over 15 years. Small Business Accountant Irvine is dedicated to your success and treats your business as if it were our own.
Expert Solutions to Your Problems
New problems arise every day for Business Owners. We offer Partner-level attention and implement tailored solutions to your tax, accounting, and other business problems.
Serving All Healthcare Providers