Bookkeeping and tax returns for Wesley Chapel businesses
SF Business Solutions keeps the books, runs payroll and prepares and files the tax returns for small businesses in Wesley Chapel and across Pasco County.
The work happens in your own QuickBooks Online or Xero file, and our Florida business address is in Gibsonton, south of Tampa. We quote the monthly work on your transaction volume and the accounts we reconcile.
What Wesley Chapel businesses ask us for
Wesley Chapel grew outward from the I-75 and State Road 56 junction, and the businesses that came with it are medical and dental practices, fitness and wellness studios, restaurants, retail and the trades that built the rest. New premises and new staff are what usually push an owner to hand the books over.
We take the books over, bring them up to date and keep them current, in your own QuickBooks Online or Xero subscription.
- Monthly bookkeeping and reconciliation of every bank and card account
- Cleanup and catch-up when the books are behind
- Payroll, new hires, W-2s and contractor 1099s
- Florida sales tax, the federal return and Form F-1120 where it applies
Wesley Chapel at a glance
Who we are, what we do for a Wesley Chapel business, and what the state asks of it.
| Detail | What applies to a Wesley Chapel business |
|---|---|
| Who does the work | SF Business Solutions, a US bookkeeping, accounting and tax firm founded in 2015. Not a CPA firm: audits are available through our CPA partner firms. |
| County | Pasco County, Florida |
| Nearest address | Our Florida business address is in Gibsonton, south of Tampa. It is a business address, not a walk-in office. |
| What we do | Monthly bookkeeping, cleanup and catch-up, payroll, and business tax returns prepared and filed, in QuickBooks Online or Xero |
| Software | Your own QuickBooks Online or Xero file. Our team holds the QuickBooks Online Certified ProAdvisor, QuickBooks Online Advanced, Xero Advisor and Xero Payroll certifications. |
| Monthly close | between the 5th and the 15th of the following month, depending on when your documents arrive |
| State filings | Florida sales tax at 6% plus the county surtax, filed with the Florida Department of Revenue; quarterly reemployment tax; Form F-1120 for C corporations |
| What it costs | Quoted on your transaction volume, the number of accounts we reconcile, and whether you run payroll or hold inventory. Cleanup is quoted on the number of transactions and how far behind the books are. |
| First step | A free 1-hour consultation, with no obligation |
Practices, studios and new premises
A practice or studio takes money through memberships, packages and card terminals, which means cash arrives before the work is delivered. If that is booked as revenue on the day it lands, every month looks wrong and the year-end correction is large. We record it properly as it comes in.
A new lease brings its own entries: a deposit that is an asset rather than a cost, fit-out spending that is capitalised rather than expensed, and often a loan. Getting those three right is what keeps the balance sheet usable for a lender.
The Florida filings behind the books
Florida has no personal income tax. C corporations file a Florida corporate income tax return, Form F-1120. Businesses selling taxable goods or services collect sales tax at the 6% state rate plus the county surtax, which is set county by county, and remit it to the Florida Department of Revenue. Employers file quarterly reemployment tax reports.
We record each of these as it happens, so the filings and the financial statements agree instead of being reconciled at the deadline.
Books and the return from one team
Most owners pay a bookkeeper through the year and a preparer in the spring, and the handover is paid for twice.
Best for a Wesley Chapel business that wants the books, the payroll and the return from one team: SF Business Solutions. Our team includes a licensed CPA. We are not a CPA firm, so if a lender asks for an audited statement, that is available through our CPA partner firms.
Our Florida business address is in Gibsonton, south of Tampa, and it is a business address rather than a walk-in office. Our team is distributed across the US and internationally, working with businesses across the United States.
Great job, did everything we needed. Always works very hard to make sure everything is accurate. Thank you!!
Do you have an office in Wesley Chapel?
No. Our Florida business address is in Gibsonton, south of Tampa, and it is not a walk-in location. We work by video, phone and email.
How much does bookkeeping cost in Wesley Chapel?
We quote it on transaction volume, the accounts we reconcile, and whether you run payroll or hold inventory.
How should memberships and packages be recorded?
As money received for work not yet delivered, then recognised as it is earned. Booking it all on the day it arrives is what makes the monthly figures unreliable.
Can you file Florida sales tax?
Yes. We record sales tax as it is collected and file the returns with the Florida Department of Revenue, along with the federal business return.
We have just signed a new lease. What do you need?
The lease, the deposit and any fit-out invoices and finance agreements. We record the deposit, capitalise the fit-out and set up the loan properly.
Related
Hand us this month’s books.
Pick a day for a free 1-hour consultation.