Small business owners in Hialeah trust 1-800Accountant's virtual accounting expertise to handle their bookkeeping and tax needs, freeing them to focus on what matters most—growing their business.
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Hialeah tax preparation to them!
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business tax advisor. Strategic planning helps minimize your business tax liability in Florida throughout the year while ensuring compliance.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the city of Hialeah, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Enjoy the advantages of officially establishing your business in Florida with our complimentary incorporation services. Simply cover any Hialeah fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.
Level | Rate |
---|---|
State Tax Rate | 6% |
County Tax Rate | 1% |
Municipal Tax Rate | None |
Combined Sales Tax Rate | 7% |
City-Specific Taxes |
---|
Every business operating within the City of Hialeah must pay an annual Local Business Tax for the privilege of doing business within city limits. The amount varies by business classification and activity. Renewal is required each year upon issuance (check the City’s portal for exact renewal deadlines). |
Licenses and Permits |
---|
All businesses in Hialeah must obtain a Business Tax Receipt before operating, including home-based businesses and independent contractors. |
Before signing a lease, complete a Pre-Application Form with the Business Tax Division to verify if your business is allowed at your chosen location. |
All businesses must register with the Florida Department of State and file for a Fictitious Name (DBA) if operating under any name other than your legal name. |
Any construction, renovations, or structural changes to your business location require building permits from the Hialeah Building Department. |
Grants and Funding in Hialeah | Grants and Funding Information |
---|---|
Mom and Pop Small Business Grant Program | This Miami-Dade County program provides funding for small owned and operated businesses in Hialeah to purchase equipment, supplies, and advertising materials. Businesses can receive up to $2,500 in grant funding. While the most recent application period has closed, this is an annual program that Hialeah businesses should watch for in the next cycle. |
Hialeah Small Business Grants | The City of Hialeah offers various grant opportunities for local businesses, including funding for for-profit businesses, not-for-profit organizations, and sole proprietors operating from their primary residence in Hialeah. These grants aim to support economic development within the city. |
Florida Small Business Development Center Network Grants | While not exclusive to Hialeah, these state-level grants are accessible to Hialeah-based businesses. The Florida SBDC Network provides resources and funding opportunities to help small businesses start, grow, and succeed throughout Florida, including those in the Hialeah area. |
Enterprise Florida Trade Grants | These grants help Florida businesses, including those in Hialeah, expand their export activities. The program offers financial assistance for international trade shows, export marketing plans, and other initiatives to help businesses reach global markets. |
When choosing an accountant or bookkeeper for your Hialeah small business, you should consider the following factors:
Certifications and State Compliance: Verify the accountant or bookkeeper holds proper credentials, such as CPA licensure. They should demonstrate thorough knowledge of Florida's tax regulations, including the state's unique sales tax requirements and corporate filing deadlines that differ from federal schedules.
Experience with Local Industries: Seek professionals familiar with Hialeah's diverse business landscape. An accountant experienced with the city's retail businesses, manufacturing operations, or service companies centered around the vibrant Cuban-American community will provide more targeted financial guidance than someone without this specialized knowledge.
Understanding of Multilingual Business Environment: Choose a financial professional comfortable working in Hialeah's predominantly Hispanic business community. Many local businesses operate bilingually, and an accountant who can communicate effectively in both English and Spanish will better serve your needs and help navigate relationships with local vendors and customers.
Knowledge of Local Economic Factors: Select an accountant familiar with Hialeah's unique economic considerations, including the impact of tourism from Hialeah Park Casino, the growing creative economy in the Leah Arts District, and the strong influence of small family-owned businesses. This local insight helps with cash flow planning and business development strategies tailored to the community.
*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.