Our Expertise

Whatever your needs, we’re here to help. Our expertise includes:

 

TAXATION

• Corporate and Business Taxes

• Individual Taxes

• Foreign Nationals with U.S. Income

• Homeowners/Condominium Associations

• Estates & Trusts

• IRS problem resolution

 

ACCOUNTING, AUDIT & REVIEW SERVICES

PAYROLL & SALES TAX

• Weekly or Bi-Weekly Payroll Service

• Payroll Taxes (Social Security, Medicare, Unemployment)

• Sales and Use Tax including the Tourist Development Tax

 

BOOKKEEPING & QUICKBOOKS TRAINING

• Monthly or Quarterly Bookkeeping

• QuickBooks Training

 

OTHER SERVICES

• Business Formation Consulting

• Business Development Consulting

• Real Estate & Business Sales

Corporate & Business Taxes

The Corporate and Business Tax Services practice at Mark H. Knauf, PA. provides sophisticated expertise for corporations and “flow-through” entities–such as partnerships, LLCs and Subchapter S corporations. Our dedicated team of specialists ensures our clients receive integrated advice that goes hand-in-hand with the financial assurance process and encompasses a full realm of business, accounting, financial and tax considerations.

Our clients include publicly-held, multinational corporations, joint ventures, business and investment partnerships, REITs, private companies filing “Subchapter S” returns, Limited Liability companies, and family offices.

 

Individual Taxes

Individual and family taxes have been a cornerstone of the firm since inception.  Over the years, Mark H. Knauf, PA has served thousands of individuals with tax preparation and planning, ranging from simple 1040’s to highly complex estates and trusts.  We take the time to get to know you and your tax situation in order to maximize your tax savings.

Taxation of Foreign Nationals with US Income

Navigating the rules and regulations associated with foreign nationals who have U.S. income can be a confusing and frustrating process.  Our team is well versed in this area.  We have assisted many in obtaining individual tax ID numbers, filing U.S. income tax returns and applying for reduced withholding certificates, enabling clients selling U.S. property at little or no gain to avoid the required withholding of 10% of the sales price of the property.

 

Other Tax Clients Served

Mark H. Knauf, PA has experience with tax filings for homeowner/condominium associations, small charities, and churches.

 

Estate & Trust Planning

Mark H. Knauf accountants are involved in all aspects of developing estate, trust and gift plans for their clients. Our goal is to integrate current income tax planning with your estate tax plan, keeping in mind that there are aspects of estate planning that are not tax driven. We have a wealth of experience assisting clients with the most important decisions for their future and their families' future.

• Estate and Gift Planning

• Estate and Gift Tax Returns

• Fiduciary Accountings

• Fiduciary Tax Returns

• Trust Formation and Tax Planning

• Trust Tax Returns

• Representation before the IRS

 

Please contact us to help you with any of your estate and trust planning needs.

 

IRS Problem Resolution

The professionals at Mark H. Knauf, PA understand that IRS notices can be intimidating and difficult to understand.  Most times, these are simply requests for additional information or adjustments made to your tax returns based on information reported to the IRS through W-2’s, pension statements, etc.  The resolutions are frequently simple and can be accomplished quickly.

In more complex situations, the resolution may require a great deal of time and negotiation with the IRS.

In either case, we take the time to fully understand the problem, present potential strategies for resolution and guide you through the process using clear, simple terms so you understand all the implications.

 

Accounting & Auditing Services

Our accounting and audit services extend far beyond the preparation of financial statements.  We look at the size and nature of your business, its marketplace and industry issues to determine what your requirements are. Prior to any engagement, we analyze your situation and devise a customized plan.

 

Our planning process includes looking at details thoroughly, assigning the best resources and using proven approaches all of which result in the most cost-effective, timely and highest quality service possible. We can also provide specialized services on an international level.

 

Moreover, our broad understanding of current regulation and legislation means we can also help with reporting issues involving Sarbanes-Oxley and International Financial Reporting Standards (IFRS). We can also assist you with obtaining greater transparency and data reporting accuracy through the utilization of XBRL

 

Clients we have assisted with Audits and Reviews include:

• homeowners/condominium associations

• charities

• churches

• construction and contracting companies looking for bonding.

 

Payroll and Payroll Taxes

Your people are among your greatest assets. Keeping up-to-date on payroll tax preparation and compliance can be challenging though with so many other demands on your time. Our experienced team of professionals provides comprehensive services to keep your payroll taxes in order.

• Preparation of payroll and direct deposit

• Preparation of quarterly payroll and unemployment tax reports

• Preparation of payroll tax liability deposits

• Preparation of W-2s for employees and other year-end information reports

• Reporting for household employee wages

• Payroll and unemployment tax compliance

• Ongoing consulting and research

We are also knowledgeable about Payroll Services and Staff Leasing options in order to be able to guide you toward the best solution for your needs.

 

Sales & Use Tax

The Mark Knauf team stays up to date on developments in Florida’s state county sales & use tax requirements, including the Tourist Development Tax.  We provide assistance with preparation of sales tax returns and remittance as well as problem resolution.  Clients served cross all types of sales and service organizations.

 

Bookkeeping

While many of our clients are happy maintaining their own books, many others do not have the time or the desire to do it themselves.  One of the services we offer is full charge bookkeeping for those who need or want it.  Depending on your needs we can handle your bookkeeping.  We are also available for consultation should you need us.  Our bookkeeping software of choice is QuickBooks desktop as it is easy for clients to understand and has the flexibility required to quickly and easily fix errors.

 

QuickBooks

Accounting software can sometimes appear daunting. Our expertise in all areas of QuickBooks means we have the capability of solving ALL of your QuickBooks problems.