Small business owners in Boca Raton trust 1-800Accountant for expert tax guidance and bookkeeping services tailored to Florida's unique regulations, helping them maximize deductions and stay financially organized.
Business Tax Preparation: Navigate Boca Raton's unique business landscape with confidence. Our CPAs, averaging 17 years of experience, specialize in local industry knowledge to optimize your tax filings. By entrusting your complex tax preparation to our experts, you can potentially save thousands each year while ensuring compliance with Florida regulations.
Bookkeeping: Build a strong financial foundation for your Boca Raton business with precise, error-free bookkeeping. Our service saves you time and provides crucial insights for data-driven decision-making. We deliver easy-to-understand reports that help interpret your financial data, enabling your accountant to develop accurate financial models tailored to South Florida's business environment.
Tax Advisory: Tax considerations extend beyond April in the Sunshine State. Our affordable tax advisory service offers year-round guidance from a dedicated small business tax advisor familiar with Florida's tax laws. We help you strategically plan to minimize your tax liability throughout the year while ensuring compliance with both state and local regulations.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles all aspects of payroll, including timely tax submissions to Boca Raton and Florida authorities. This ensures accuracy and compliance, allowing you to focus on growing your business in Palm Beach County's competitive market.
Business Formation: Take advantage of Florida's business-friendly environment by establishing your company officially. We offer complimentary incorporation services - you only cover the required Boca Raton and state fees. This sets you on the path to hiring employees and opening a business bank account, while benefiting from an optimized structure that maximizes tax savings under Florida law.
Level | Rate |
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State Tax Rate | 6% |
County Tax Rate | 1% |
Municipal Tax Rate | 0% |
Combined Sales Tax Rate | 7% |
City-Specific Taxes |
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Boca Raton requires a Business Tax Receipt/Certificate of Use that all businesses must obtain. The fee is $105 per year, and the renewal period opens on July 1 with renewals due by September 30 each year. Late renewals incur a penalty starting at 10% in October, with an additional $250 penalty if not renewed by March 1. |
Licenses and Permits |
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All businesses in Boca Raton must obtain a City of Boca Raton Business Tax Receipt/Certificate of Use, which costs $105 per year. |
Businesses are also required to obtain a Palm Beach County Business Tax Receipt, typically costing $33 for businesses with 10 or fewer employees. |
Zoning Approval from the City of Boca Raton is necessary for operating a business within the city limits. |
Grants and Funding in Boca Raton | Grants and Funding Information |
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City of Boca Raton Economic Development Incentives Policy | This policy allocates $1 million annually to support companies that bring high-paying jobs and investment to the area, thereby fostering economic growth and development within the city. |
When selecting an accountant or bookkeeper for your Boca Raton small business, consider these key factors:
Certifications and State Compliance: Verify that the professional holds appropriate credentials, such as a CPA license. They should demonstrate a thorough understanding of Florida's tax laws and compliance requirements, including sales tax regulations and corporate filing deadlines.
Experience and Specialization: Seek out accountants with expertise in your industry. For example, if you run a hospitality business catering to Boca Raton's tourism sector, look for someone familiar with hotel accounting practices or restaurant financials.
Understanding of Local Economic Conditions: Choose a professional who knows Boca Raton's unique economic landscape. This includes familiarity with the city's thriving real estate market, growing technology sector, and seasonal tourism patterns – all of which can impact your business finances.
Knowledge of State Tax Incentives: Florida offers several business-friendly tax policies, including no state income tax. A savvy accountant can help you take advantage of local incentives, such as Boca Raton's economic development programs or Palm Beach County's job growth incentive fund.
*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.