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Practice Areas

We offer a wide range of services including general accounting and bookkeeping, new business, payroll and payroll related items, and tax planning and preparation. With a staff ready and willing to help, we can ensure that your financial dilemma will find its solution with H & H Accounting & Tax.

General Accounting & Bookkeeping 

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  • Preparing your bank reconciliation and

       adjusting your checkbook balance

  • Financial statement preparation  

        Income Statement                      

        Balance Sheet

        Cash Flow Statement

  • Preparing Florida Sales Tax Return

  • Correcting QuickBooks Entries

  • Tracking & preparing 1099s 

 

**Did you know that you are required to issue 1099s to attorneys and landlords in addition to subcontractors?

Tax Planning & Preparation

 

  • Review of your books and records prior to the end of the year in order to minimize your tax liability

  • Planning and estimating future tax liability

  • Preparing tax returns for:

        Individuals

        LLCs

        Corporations/S-Corporations
        Partnerships
        Home Owners Associations

 

**Did you know that filing an extension only extends the time to file the return?  All taxes are required to be paid by the original due date of the tax return.

New Business

 

  • ​Assisting you in choosing a business structure

  • Filing Florida applications and registrations

  • Filing application for Federal identification number

  • Filing other Federal applications and elections

  • Preparing a personalized listing of filing requirements based on your business structure

 

**Did you know that choosing to be a limited liability company (LLC) is just the first step? Then you need to choose how you want to be taxed; as a sole-proprietor, partnership, corporation, or S corporation. If you fail to choose, then it defaults to a taxable entity that might not be favorable.

Payroll & Payroll-Related Items

 

  • Preparing payroll including direct deposit as an option

  • Preparing payroll tax deposits

  • Preparing payroll tax returns including W2s

  • Calculating, remitting, & tracking benefits & garnishments

  • Meeting with work comp auditors and general liability auditors on your behalf

 

**Did you know that you might be required to remit your payroll tax deposit twice a week, once a month, once a quarter or annually depending on the amount, but that if you are a monthly depositor you can still remit the payment each payroll to help with your cash management?      

Client industries we currently serve include (but are not limited to):​

  • Construction

  • Specialty Subcontractors

  • Restaurants & Bars

  • Physicians & Chiropractors​

  • Lawn Services

  • Cleaning Services

  • Gyms & Personal Trainers

  • Technology

  • Marine Industry

  • Homeowners Associations

  • Rental Properties

  • Retail & Wholesale 

  • Tattoo Shops & Artists

  • Beach Services

  • Equipment Rental Services

  • Professional Services

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