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Explore our comprehensive resources designed to simplify accounting and tax processes, empowering you to make informed financial decisions.
Meet Pedro Gonzalez, CPA P.A.
At Pedro Gonzalez, CPA P.A., we are dedicated to demystifying the complexities of accounting and tax processes. Our firm, led by Pedro Gonzalez, offers a wealth of experience in providing strategic financial guidance to real estate and business owners, as well as investors. Our mission is to equip you with the knowledge and tools necessary to confidently navigate your financial landscape, ensuring your business thrives in an ever-evolving market.
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The Basics of Short Sale
Morgan Stanley predicts that house prices could fall by 10 percent by the end of 2024, perhaps twice as much in a worst-case scenario. Homeowners who purchased their homes at the top of the market could be in trouble, especially if the U.S. falls into a...
Avoid These Common Mistakes When Converting to an S Corporation
At first glance, the corporate tax rules for forming an S corporation appear simple. However, they are not. You are already aware the tax code is full of hidden rules. The IRS knows these rules and you need to know them, too. In this article, we do two things: We help...
When Is Your Income Subject to Self-Employment Taxes
Self-employment taxes are the same as payroll taxes for the self-employed and it is used fund Social Security and Medicare. All individuals with self-employment income must pay self-employment taxes, regardless of their age. The self-employment tax is paid on your net...
The IRS Wants to Know about Your Crypto
The IRS really interested about your bitcoins and other crypto. You may have not noticed this, but it starts at the top of the first page of your Form 1040, where you find the following question right after the spaces for your name and address: At any time during...
The IRS audited your business and concluded that you misclassified some employees
Uh-no! The IRS audited your business and concluded that you misclassified some workers as independent contractors. The IRS says they are employees. You are worried—rightfully worried. 😲 If you got this wrong, the IRS will assess years of back employment...
What You Need to Know About Reverse Mortgages and the Tax Angles
If you’re an “experienced” homeowner, age 62 or older, you may need to tap into your home equity because you are “house-rich but cash-poor.” If so, you are not the only one. But what are your options? You can solve this cash shortfall problem and reap big...
Comprehensive Guides
Explore our detailed guides designed to simplify accounting and tax processes for your business.
Understanding Tax Obligations
Learn about the various tax obligations your business may encounter and how to manage them effectively.
Bookkeeping Basics
Discover essential bookkeeping practices to keep your financial records organized and accurate.
Tax Planning Strategies
Implement effective tax planning strategies to optimize your financial outcomes and minimize liabilities.
Navigating Financial Statements
Gain insights into reading and interpreting financial statements to make informed business decisions.
Maximize Your Deductions
Identify potential deductions and credits to reduce your taxable income and enhance your savings.
Common Client Questions
Find answers to the most frequently asked questions about accounting and tax services.
What documents do I need for tax filing?
How can I reduce my tax liability?
What is the difference between a CPA and an accountant?
How often should I update my bookkeeping records?
When should I consult a tax professional?
What are the benefits of tax planning?
Get Personalized Assistance
Ready to take control of your finances? Contact Pedro Gonzalez, CPA P.A. today to schedule a consultation and discover how we can help you achieve your business goals. Our expert team is here to provide personalized guidance tailored to your unique needs. Don’t wait—let’s go beyond the numbers together!