Florida · No personal income tax
CPA, bookkeeping & fractional CFO services in Florida
Florida has no personal income tax, which draws business owners and remote companies from around the country, but C corporations still pay Florida corporate income tax and most sales carry sales tax. CPA Torrance is a CPA-led firm based in Torrance, California that provides bookkeeping, tax planning, tax filing and fractional CFO support to Florida businesses remotely.
- Serving all of Florida remotely
- Florida annual reports tracked for you
- Monthly reporting included
In short
Does Florida have a state income tax?
Florida has no personal income tax, so owners of LLCs, partnerships and S corporations generally pay only federal income tax on business profit. C corporations do pay Florida corporate income tax. Every Florida entity files an annual report with the state, and most retail sales and some services carry the 6% state sales tax plus county surtaxes.
- State income tax
- None
- State sales tax
- 6% + county surtax
- Key business tax
- Corporate income tax (C corps)
- How we serve
- Remotely, statewide
Services in Florida
What we do for Florida business owners
From Miami trading companies and Orlando hospitality groups to Tampa healthcare practices and Jacksonville logistics firms, Florida businesses need clean books and smart federal planning. We provide monthly bookkeeping, federal and Florida tax planning, filings and CFO reporting from one coordinated team.
Bookkeeping Services
- Monthly reconciliations in QuickBooks Online
- Florida sales tax and discretionary surtax tracking
- Payroll and contractor payment review
- Monthly profit and loss and balance sheet
- Catch-up and clean-up bookkeeping
Tax Planning & Strategy
- Entity and S corporation review
- Residency and relocation planning
- Federal and state estimated payments
- Multi-state income review
- Year-end tax planning meeting
Tax Filing & Compliance
- Federal business returns (1120, 1120S, 1065)
- Florida corporate returns and annual reports
- Owner individual returns
- IRS and state notice help
- Due-date tracking for every filing
Fractional CFO Services
- Cash-flow forecasts
- Budget versus actual reviews
- Margin and pricing analysis
- Lender- and investor-ready reporting
- Growth and hiring plans
Florida tax planning
Planning around Florida taxes
Florida planning usually centers on federal tax, entity structure, sales tax and, for owners who moved from another state, making sure the old state no longer has a claim.
Book a 15-min callMoving to Florida
Owners relocating from high-tax states need to break residency cleanly. We help document the move and plan the final year in the old state.
C corporation versus pass-through
Because C corporations pay Florida tax and pass-throughs do not, entity choice matters more here.
Sales tax on rentals and services
Florida taxes commercial rent and some services. We make sure your books capture it correctly.
Who we work with
Florida industries we serve
We work with owner-led businesses across Florida, with experience in the industries that drive the state economy.
Hospitality and tourism
Hotels, restaurants and tour operators with seasonal swings.
Real estate
Investors, developers and short-term rental owners.
Healthcare practices
Medical and dental practices across Florida metros.
Import and logistics
Trade and freight companies around Florida ports.
E-commerce sellers
Online brands with Florida sales tax, inventory and multi-channel books.
Professional firms
Consultants, agencies and law firms billing by the hour, project or retainer.
Why Florida businesses choose CPA Torrance
Areas we cover
Serving businesses across Florida
Businesses in Miami, Orlando, Tampa, Jacksonville, Fort Lauderdale work in tourism, real estate, healthcare, logistics and finance. CPA Torrance helps Florida businesses, including those owned from out of state, stay compliant and organized through remote meetings.
- Miami
- Orlando
- Tampa
- Jacksonville
- Fort Lauderdale
- St. Petersburg
- West Palm Beach
- Naples
- Sarasota
- Tallahassee
- Video meetings on your schedule
- Secure document portal for statements and returns
- Cloud accounting you can see any time
FAQ
Florida business tax and accounting questions
Not covered here? A 15-minute call gets you a straight answer for your situation.
What financial services can CPA Torrance provide to Florida businesses?
We provide monthly bookkeeping, federal and Florida tax planning, business tax filing and fractional CFO services. Everything runs from one set of books, so your bookkeeper, CPA and CFO advisor work from the same numbers.
Do Florida LLCs pay state income tax?
Generally no. Most LLCs taxed as partnerships or S corporations do not pay Florida income tax, but an LLC taxed as a C corporation does. All LLCs file an annual report with the state.
I moved my business to Florida. Do I still owe tax in my old state?
Possibly. Your old state may tax income earned before the move or income still sourced there. We review your move and plan both returns for the transition year.
Does Florida charge sales tax on commercial rent?
Florida has taxed commercial rent for many years, though the rate and rules have changed recently. We check the current rules for your lease and record it correctly.
Can CPA Torrance work with Florida businesses remotely?
Yes. We serve businesses across Florida, including Miami, Orlando, Tampa, Jacksonville, Fort Lauderdale, St. Petersburg, West Palm Beach, Naples, Sarasota and Tallahassee, through video meetings, a secure document portal and cloud accounting you can see any time. Our office is in Torrance, California.
How do I get started?
Book a 15-minute call or request a free financial assessment. We review your books, tax position and systems and recommend the right mix of support for your Florida business.
Get your Florida books and taxes in order.
Book a call to review bookkeeping and tax planning for your Florida business.