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Fall is a useful time for Miami business owners to review retirement contributions alongside projected profit, payroll and cash needs.

Before making holiday donations, review how the 2026 federal charitable deduction rules apply to your return.

A busy holiday season can leave a business short of cash even when sales look strong.

Export vendors from your accounting system, then compare the list with bank activity and any separate payment records.

Choosing the right CPA in Miami means finding a licensed professional who understands your tax or business situation.

Running a restaurant in Miami involves several overlapping tax and payroll requirements, including tip reporting, the new federal tip deduction for employees, the FICA tip credit, Florida's minimum wage requirements, and state and local sales taxes.

Getting a Florida driver's license does not automatically end your New York tax residency.

If you are a U.S. person and the combined balance of your foreign accounts exceeded $10,000 at any point during the year, you generally have to file an FBAR (FinCEN Form 114).

If you are not a U.S. person and you sell Florida real estate, federal law generally requires 15 percent of the gross sales price to be withheld at closing and sent to the IRS.

If you extended your 2025 individual return, October 15, 2026 is the last day to file it, and there is no second extension.

Here is the part most Miami owners get wrong: you and your worker do not get to choose whether they are a 1099 contractor or a W-2 employee.

If your Miami business sells taxable goods, or one of the handful of services Florida taxes, you have to register as a sales and use tax dealer before your first taxable sale, not after.

The appeal is simple: Florida has no state income tax and no state estate tax. But here is the catch most people miss: changing your mailing address is not enough.

Here is the reality most owners learn the hard way: almost every move that lowers your 2026 tax bill has to happen before December 31, not when you file next spring.

The short version: a bookkeeper records what happened, an accountant explains what it means, and a CPA is a licensed professional who can plan your taxes, prepare audited statements, and represent you before the IRS.

Here is the short answer: an LLC and an S-corp are not an either/or choice. An LLC is a legal structure, and an S-corp is a tax election.

Hurricane season officially begins June 1, and for Miami business owners, preparation involves far more than boarding windows and stocking supplies.

Running a business in Miami means staying ahead of more than just sales, staffing, and operations.