Your Small Business Accountant
It’s crucial to choose a small business accountant who can proactively minimize your tax burden by $10K to $1M+ annually, while helping you to grow your profits.
Increase profitability | ||
Upfront fixed fee | ||
Proactive and innovative |
Top Small Business Accountant Platforms
The Importance of a Specialized Small Business Accountant
60%
of small business owners have limited financial
knowledge
knowledge
According to Accountancy Age, the biggest fear for small business owners handling their own accounting is making a mistake. This is probably because 60% of small business owners have limited knowledge when it comes to the financial and accounting aspects of their business.
98%
of small business owners who have an accountant feel more confident about their business
Nine out of ten small business owners believe that their accountant plays a key role in the success of their business. In fact 10 out of 10 of the small businesses who have a CPA say other businesses should get one too and 98% said their accountant gives them more confidence in their small business.
44%
of business owners believe their accountants are more reactive than proactive
A large portion of small business owners don’t feel their accountants are coming through for them. For example, 44% claim their accountants are more reactive than proactive, with 36% experiencing timeline issues, 32% lacking sufficient guidance, 29% feeling their accountants don’t offer advice, and 23.6% not being adequately educated by their accountants.
We’ll Integrate with Your Cloud Accounting Software
Small Business Data Management Regulations You Need to Know
Data management regulations are crucial for small businesses to ensure the protection of customer information and to comply with legal standards, helping to avoid costly fines and reputational damage. Proper adherence to these regulations also fosters trust with clients by demonstrating a commitment to data security and privacy.
Federal Trade Commission Act
The FTC Act, found in Title 15, Section 45 of the U.S. Code, gives the Federal Trade Commission (FTC) the power to take action against businesses that use “unfair methods of competition” or engage in “unfair or deceptive acts or practices” in commerce. This law now covers deceptive business practices and advertising on the internet. In recent years, the FTC has pursued many cases against online companies for such unfair and deceptive practices.
The Graham-Leach-Bliley Act
The GLBA, signed into law by President Clinton in 1998, focuses on data privacy for financial institutions. According to the Federal Trade Commission, it applies to businesses that offer financial products or services like loans, investment advice, or insurance. These institutions must protect sensitive data and inform customers about how their data is used. They are required to have policies in place to guard consumer data against security threats and provide a privacy notice that explains what information is collected and where it is shared. Consumers must also be informed of their right to opt out of sharing their information with unaffiliated parties.
Fair Credit Reporting Act
The FCRA limits the use of information related to an individual’s creditworthiness, credit standing, credit capacity, character, reputation, personal characteristics, or lifestyle when determining eligibility for credit, employment, or insurance.
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 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
What does an accountant do for a small business?
An accountant manages the finances of a small business. They take care of tasks like bookkeeping, preparing financial statements, and handling payroll. They also assist with tax preparation, making sure the business follows tax laws. Additionally, accountants provide advice on budgeting, cash flow, and financial planning to support the business’s growth and decision-making
What type of accountant is best for small businesses?
The best type of accountant for small businesses is a Certified Public Accountant (CPA) or a small business accountant. CPAs are highly qualified and can handle a wide range of tasks, including tax preparation, financial planning, and advising on business growth. A small business accountant specializes in the unique needs of smaller companies, offering services like bookkeeping, payroll, and tax compliance. Choosing an accountant with experience in small business ensures they understand the specific challenges and can provide tailored advice
Which accounting method is best for small business?
The best accounting method for a small business often depends on its size and nature. For most small businesses, cash basis accounting is usually the best choice due to its simplicity. However, if the business is growing, carries inventory, or seeks more detailed financial insights, accrual basis accounting might be more suitable.
What is the primary goal of accounting for a small business owner?
The primary goal of accounting for a small business owner is to accurately track and manage the business’s financial health. This involves monitoring income, expenses, and cash flow to ensure the business remains profitable and sustainable. Good accounting helps the owner make informed decisions, plan for growth, stay compliant with tax laws, and avoid financial pitfalls. Ultimately, it provides a clear picture of the business’s financial situation, aiding in strategic planning and long-term success.
When is it time to hire an accountant for a small business?
Hire a small business accountant when your business grows, taxes become complex, or you need financial insights. If managing finances takes too much time or you’re facing big financial decisions, an accountant can help. They ensure compliance, offer strategic advice, and free up your time for core business activities
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.
Small Business Accountant Locations Near You
Small Business Accountant Huntington Beach
7259 Seaworthy Dr
Huntington Beach, CA
92648
(657) 300-6966
Small Business Accountant Pembroke Pines
2010 NW 150th Ave ste 202
Pembroke Pines, FL
33028
(754) 238-0525