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Rhonda L. Hinds & Associates, CPAs, PA is a full service CPA firm providing services in the areas of accounting, bookkeeping and auditing, as well as related financial statement preparation. We also offer a wide range of management and business advisory services, financial and tax planning and tax return preparation.

As members of the American Institute of CPAs and Florida Institute of CPAs, we have committed our firm to the highest standards of professionalism. We are licensed by the Florida Board of Accountancy and abide by its rules of conduct. We fulfill our obligation to our clients by providing them with superior service and the highest level of professional responsibility, ethics and integrity.

Each member of our professional staff attends a minimum of forty hours of Continuing Professional Education every year so that we can continually provide our clients with the best and most up to date information about personal and business taxation, financial planning, accounting, auditing and computer support.

Our most valuable asset is our clients. We recognize that each client has unique needs. That is why we design accounting systems and financial statements specifically tailored for each client's use. Quality and timely service is very important in our profession. Our staff makes every effort to process each client's work as accurately and efficiently as possible.

We are committed to offering individual attention to all of our clients, no matter how large or small. Our firm is dedicated to providing year-round service consistent with the highest standards of quality and ethics that are expected of us.



                   






Services
Our services are based upon the individual needs of our clients. Because our firm is dedicated to our clients, and their success, we also offer additional services that are not listed. Please call to discuss any additional tax or accounting needs.

Audits, Reviews and Compilations
We provide financial reporting on all three levels of assurance. The audit is an examination by random testing that provides the highest level of assurance. The review consists of analytical procedures on financial information that provides limited assurance. The compilation is based upon client information and provides no assurance.

Bookkeeping - Monthly, Quarterly or Annually
Our staff can keep the bookkeeping up to date for any size company. We can prepare financial statements, or just simply compile the information for preparing income tax returns. A successful business needs a good management plan; you need to ask yourself "where am I? ", "where am I going?" and "how am I going to get there?". Monthly bookkeeping and reporting allows you to see where you are and to analyze if you need to change your operations to achieve your desired goals.

Cash Flow & Budgeting Analysis
A business can have a profit, and still not have enough cash in the bank to meet its daily requirements. We can forecast and evaluate your company's cash flows, and assist in implementing new procedures to change the daily cash flow.

Consulting
We can discuss any issues you may have concerning taxes or accounting to help you make an informed decision.

Estate and Trust Accounting
We can prepare an accounting for the courts, including the tax returns that go with it.

IRS Representation
We have represented clients before several different taxing authorities. When it comes to understanding the audit, knowledge of the tax law is vital.

Payroll
From preparing the paycheck to the required filings, we can assist you in your payroll needs.

Financial Statement Preparation
We can prepare financial statements for personal or business.

Quickbooks Consulting
We are certified Quickbooks Advisors for Quickbooks. We have successfully installed, setup, and trained several businesses. It is usually necessary to design Quickbooks to work for your company. We first obtain an understanding of your business before we even begin. Once Quickbooks is installed, we provide continuous assistance and training. We even provide year-end Quickbooks cleanup, which is a must for tax preparation.

Sales Tax Services
We can prepare your monthly sales tax return, give you advice on, or even assist you in an audit with the Florida Department of Revenue.

Tax Planning
Tax planning is a necessary tool for businesses as well as individuals. It is critical to understand where your taxes stand and what options are available before the end of the year.

Tax Preparation
We prepare federal and state income tax returns for individuals, partnerships, corporations, nonprofits, trusts, estates, and defined benefit plans. We also offer electronic filing of federal income tax returns. We are continuously updating our knowledge of the tax laws to provide you with the best strategies possible.

Types of Indstries Serviced by our firm
The firm provides a full range of professional services in accounting, auditing, tax and management consulting. Serving a broad base of clientele provides the clients that we serve with added assurance that we are functionally well qualified in performing auditing, tax and other services. Following is a summary listing of the types of clients that we have served.
• Nonprofit organizations
• Physicians
• Manufacturers
• Retail Merchandising firms
• Retail
• Insurance agencies
• Real Estate agencies
• Restaurants
• Hotels and motels
• Construction-Commercial and residential
• Condominium and homeowner associations
• Professional service organizations
• Mortgage Brokers
• Auto Dealerships
• Software developers
• Legal Firms


                   




Our Team



Business Start Up Information

So you want to start a business. There are many steps to make, but the most important step is to contact your CPA for guidance. There are many decisions to make, and the following information is being provided only to assist the individual with sufficient knowledge of starting and operating a business. Please seek the advice of an accountant and an attorney before you begin.

  1. What type of entity are you going to create to run your business? There are different types of entities available. Please contact your CPA and your attorney to discuss the advantages or disadvantages of each.
    • Sole Proprietorship
    • Corporation
    • S - Corporation
    • Partnership
    • LLC
  2. Naming your Corporation. We can provide assistance in this area. Search for existing names online and get information on incorporating at www.sunbiz.org
  3. Fictitious Name Application. We provide assistance in obtaining a fictitious name. Online information available at www.sunbiz.org
  4. Employer Identification Number. Form SS-4 at www.irs.gov
  5. S-Corporation Election. Form 2553 at www.irs.gov
  6. Occupational License & Zoning. See your local office. Merritt Island Office at 2575 N. Courtenay Parkway, phone 455-1412
  7. Business License in Florida. Florida Department of Business & Professional Regulation. http://www.state.fl.us/dbpr/index.shtml
  8. Sales Taxes. Will your business be required to collect and remit Florida State Sales Tax? See your accountant to find out. Application forms available online at http://sun6.dms.state.fl.us/dor/forms/download/00forms.html
  9. Federal Payroll Taxes. See your accountant for more information
  10. State Payroll Taxes. See your accountant for more information
  11. Federal Income Taxes. Depends upon type of entity. See your accountant for filing requirements
  12. State Income Taxes. Depends upon type of entity. See your accountant for filing requirements.
  13. Insurance. General Liability, Professional Liability, and Workmen's Comp. Please see your insurance agent to obtain any necessary policies.

                   






Frequently Asked Questions

Q: Can I afford the service of a CPA?

A: YES! The level of service required determines the rates charged by a CPA. Our prices are quite reasonable and competitive. Shop around and compare.



Q: Is there a minimum fee for tax returns?

A: NO! The price of the tax return is determined by the amount of time required to complete the return. If your accounting records are in good order, it will keep the cost of your return processing low. Again, shop around and compare.



Q: How do I know what accounting services I need?

A: call for a FREE CONSULTATION. We do not try to sell you any accounting services that you don't need. But if you are spending too many hours each month struggling over your recordkeeping and reporting requirements when your time could be better spent marketing your business, perhaps you need our help.



Q: What monthly bookkeeping services do you offer?

A: Computerized bookkeeping, checkbook reconciliation, financial statement preparation, sales tax reporting, payroll reporting; plus year-end reporting of W-2 and 1099 information.



Q: Can you represent me before the IRS?

A: YES! If you are being audited by the IRS, we can represent you; or if you need to respond to IRS correspondence, we can deal with the Tax Practitioner's Hotline. You will not even have to talk with the IRS!



Q: How can I legally minimize my tax liability?

A: PLAN AHEAD. Give us a call before you make and business or financial decisions. Proper planning can significantly minimize your tax situation.


                   




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(321) 454.2266 - Fax (321) 454.2288
400 E Merritt Ave Suite C, Merritt Island, FL 32953