Taxstra Logo
Virtual / Remote CPA Services

Your Tampa
Business Deserves Better.

Most Tampa businesses overpay on taxes because their CPA is reactive — filing returns instead of building strategy. We work with you year-round to optimize your entity structure, minimize self-employment tax, and keep more of what you earn.

Licensed CPA Firm
Serving Tampa
5-Star Google Reviews
Year-Round Advisory

Built for Tampa Business

Tampa is a fast-growing hub for healthcare, construction, finance, and professional services. With no state income tax, Tampa attracts entrepreneurs and established business owners. The city's rapid growth means many construction companies, contractors, and real estate developers operate here alongside healthcare practices and financial services firms.

Florida has no state income tax, which is a major advantage. However, Florida requires sales tax (Sales and Use Tax) compliance and has specific unemployment insurance requirements. Many Tampa business owners miss S-Corp opportunities and don't optimize their entity structure for growth.

Tampa's booming real estate and construction market creates unique tax planning opportunities. We work with contractors, developers, healthcare practitioners, and professional service providers to structure entities strategically, maximize depreciation, and ensure compliance with Florida regulations.

Contractors & Construction

General contractors, subcontractors, and construction managers. We manage job costing, equipment depreciation, 100% bonus depreciation, lien law compliance, and subcontractor 1099 documentation.

Learn more

Healthcare & Medical Practices

Physicians, surgeons, dentists, and specialist practices. We handle practice accounting, partner distributions, retirement plans, payroll, and HIPAA-compliant bookkeeping.

Learn more

Real Estate Development & Investment

Property developers, real estate investors, and property management companies. We manage development accounting, cost segregation, depreciation, and 1031 exchanges.

Learn more

Professional Services & Consulting

Consultants, lawyers, accountants, and advisory firms. We optimize entity structure, partner distributions, and compensation to minimize federal and state taxes.

Learn more

Strategies That Save Real Money

S-Corp Election

The single most impactful strategy for profitable businesses. By electing S-Corp status and setting reasonable W-2 compensation, most Tampa business owners save $8,000–$25,000+ annually in self-employment tax alone.

Learn more

100% Bonus Depreciation

Equipment, tools, vehicles, and construction machinery placed in service qualify for immediate 100% depreciation. For contractors and developers, this can shelter $100,000–$500,000+ of taxable income.

Learn more

Cost Segregation Studies

For real estate projects and building improvements, cost segregation accelerates depreciation and deductions, saving $50,000–$250,000+ over the study period.

Learn more

Section 179 Expensing

Combined with 100% bonus depreciation, Section 179 allows you to deduct equipment up to $1.16M immediately in 2025.

Learn more

Job Costing & Construction Accounting

Accurate job costing allows you to track profitability by project, identify inefficiencies, and maximize deductions for materials and labor.

Learn more

Subcontractor Management & 1099 Compliance

Properly manage 1099 contractors, ensure Form 1099-NEC filing, and track subcontractor expenses to maximize deductions and maintain compliance.

Learn more

Stop Guessing. Start Saving.

Schedule a free 30-minute strategy call to see how much you could save this year. No obligation, no pressure — just a clear picture of what proactive tax planning looks like.

Schedule Your Free Call

How We Work Together

1

Free Strategy Call

A complimentary 30-minute meeting to discuss your Tampa business, revenue, and current tax structure. We explore S-Corp opportunities, depreciation potential, and Florida-specific advantages.

2

Business Tax Diagnostic

We review your prior returns, analyze job costing, assess sales tax compliance, and identify missed depreciation opportunities. We evaluate retirement plan and cost segregation options.

3

Implementation & Filing

S-Corp election submission, bonus depreciation elections, sales tax registration, quarterly estimated tax calculations, and cost segregation study setup if applicable.

4

Year-Round Partnership

Monthly or quarterly bookkeeping, job costing tracking, sales tax filings, financial statements, mid-year tax projections, and strategic planning.

Real Results

Tampa General Contractor (S-Corp + Equipment Depreciation)

A GC with $2.1M revenue and $480K net profit. By electing S-Corp with $120K W-2 salary, the owner saves $26,900 in self-employment tax. Equipment and machinery purchases of $250K qualify for 100% bonus depreciation, sheltering $250K of income. Combined annual savings: $52,400.

Annual Savings

$52,400

Tampa Medical Practice (Retirement Plan + Cost Segregation)

A physician group with $950K net profit and an owned office building. A Defined Benefit Plan contributes $175K annually, reducing taxable income. A cost segregation study accelerates depreciation by $120K. Combined with S-Corp election, total annual savings: $48,600.

Annual Savings

$48,600

Tampa Real Estate Developer (Cost Segregation + Bonus Depreciation)

A developer completing a $3.5M commercial project with $320K in building improvements and equipment. Cost segregation study accelerates $200K of depreciation over 5 years, saving $60,000 in federal taxes. Combined with S-Corp election, total savings: $68,900.

Annual Savings

$68,900

Serving Tampa

We serve clients remotely across the Tampa metro area and beyond with proactive tax strategy and year-round advisory.

Tampa Small Business CPA Questions

No. Florida has no state income tax, which is a huge advantage for business owners. However, Florida requires sales tax collection and compliance. We help you register, file quarterly or monthly returns, and manage multi-state sales tax.

Most profitable Tampa contractors save $10,000–$30,000+ annually by electing S-Corp. For high-profit construction companies, savings can exceed $50,000. We model your specific situation.

Yes. All equipment, tools, machinery, and vehicles placed in service in 2025 qualify for 100% bonus depreciation. For contractors, this is one of the most powerful tax strategies available.

A cost segregation study breaks down real estate costs into depreciable components, accelerating depreciation deductions. For construction projects with $500K+ in improvements, it typically pays for itself through tax savings.

We help you determine if workers are truly independent contractors, track 1099 expenses, ensure proper 1099-NEC filing, and maintain documentation for IRS compliance.

Yes. Subcontractor costs are fully deductible as long as they're reported on Form 1099-NEC. We track these expenses through your job costing system and ensure accurate tax reporting.

Stop Overpaying. Start Planning.

Tampa business owners who work with a proactive CPA save an average of $15,000–$40,000 annually compared to basic compliance-only firms. Book a free 30-minute strategy call to see what you are missing.