Frequently asked questions

Yes. The office is at 2750 Taylor Avenue in Orlando's SoDo area, and the practice serves clients within roughly 20 miles of the office (straight line), including Winter Park, Maitland, Lake Mary, Conway, Belle Isle, Sanford and Oviedo. Most of the work runs remotely over secure file sharing, phone and screen share, so distance does not change who works on your file.

Accounting and bookkeeping is billed monthly. You get the figure on the free consultation, before any work begins and before you commit to anything.

Yes, Drew is a CPA and files both business and individual returns, so the books and the return are handled by the same person.

It depends on your numbers: an S-corp election can lower self-employment tax once profit supports a reasonable owner salary, but it adds payroll, a separate business return (Form 1120-S) and more to keep straight through the year. Bring last year's figures to the consultation and you get a plain answer: worth it now, worth planning toward, or not a fit yet.

Bookkeeping records what happened. Controller and CFO work uses those records to plan what happens next.

No. Section 473.322(1)(c) of the Florida Statutes allows people who are not CPAs to perform services that use accounting skills, including preparing tax returns and financial statements that carry no opinion. A license is needed for the title: only a person with an active license may use “certified public accountant” or “C.P.A.” (section 473.322(1)(b)), and attest work, meaning an opinion on financial statements, is limited to licensed CPAs and firms. Drew Green is a Certified Public Accountant.

Bring it to the consultation and it gets reviewed before anything is promised.

Business returns across the common entity types, including S-corps, partnerships and C-corps. Bring the entity structure to the free consultation and you will get a direct answer on the specific form.

Yes, both. Late returns get filed to bring you current, since penalties and interest on a balance keep running until the return is in, and amended returns correct a return already filed. Bring what you have, including any IRS notices, to the consultation, and it gets reviewed before anything is promised.

A business tax return is priced per return. You get the figure on the free consultation, once the entity type and the records have been looked at, and it is agreed before the work starts.

A CPA is one kind of tax preparer. The IRS says paid preparers include certified public accountants, enrolled agents, attorneys and many others with no professional credential, and that anyone with a Preparer Tax Identification Number (PTIN) can prepare returns for pay, with differing levels of skill, education and expertise. In Florida, only a person with an active license may use the title “certified public accountant” (section 473.322(1)(b), Florida Statutes). Drew Green is listed in the IRS Directory of Federal Tax Return Preparers with Credentials as a Certified Public Accountant in Orlando.

Look at the preparer, whichever office you use. The IRS notes that anyone with a PTIN can prepare returns for pay, and that skill, education and expertise differ from one preparer to the next. Its Directory of Federal Tax Return Preparers with Credentials and Select Qualifications lets you check whether a preparer holds a credential the IRS recognizes. Drew Green is listed there as a Certified Public Accountant in Orlando, and you can talk your return through first on a free consultation.

There is no single figure, because it depends on how the LLC is taxed. Florida’s constitution bars a state tax on the income of natural persons, so Florida has no personal income tax. The Florida Department of Revenue says an LLC classified as a corporation for federal and Florida income tax purposes files the Florida corporate income/franchise tax return, Form F-1120, while a single-member LLC disregarded for federal and Florida purposes does not file a separate Florida corporate return. On the federal side, the structure decides which income tax return the business files; see choosing a business structure.

Payroll covers paying people on schedule and the filings that follow. For an employer that generally means a federal Form 941 each quarter (certain small employers file Form 944 once a year instead), Form 940 each year for federal unemployment (FUTA) tax, Florida’s quarterly reemployment tax report (Form RT-6), and at year end a Form W-2 for each employee, sent with Form W-3. Here, payroll runs alongside the bookkeeping, so the wage accounts and the filings come from one set of records.

It depends on how much of the filing calendar you want to keep yourself. A Florida employer generally has a federal Form 941 every quarter and a Florida RT-6 report every quarter, which is due even for a quarter with no employees or wages, plus Form 940 and the year-end Forms W-2 and W-3. The free consultation is where you find out what handing that over would involve for your business, and a proposal follows.