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Showing 1 to 1 of 1 CPAs in Bryceville, Florida
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Kimberly S. Shumate
Certified Public Accountant
Verified Licensed
Location Bryceville, Florida 32009
Kimberly S. Shumate, a certified public accountant, is based in Bryceville, Florida, and has been serving local clients for over 20 years. Her practice focuses on providing personalized accounting and tax guidance to individuals and small to medium-sized businesses, addressing their unique financial needs and goals. With a specialization in basic accounting services, individual tax services, and financial planning, Kimberly helps clients navigate complex financial situations and make informed decisions. She prepares individual and business tax returns, as well as offers general accounting and advisory services to help her clients achieve financial stability and security.

Florida's large and growing CPA market serves a diverse, tax-friendly state with no personal income tax. The Florida Board of Accountancy requires 150 semester hours for licensure. CPAs must complete 80 hours of continuing professional education every two years, including 4 hours of ethics, 8 hours in accounting subjects, and 4 hours in technology.

Key Tax Considerations: Florida has no state income tax, making it attractive for high-income individuals and retirees. CPAs focus on federal tax compliance, sales and use tax, tangible personal property tax, and estate planning to preserve the no-income-tax advantage. Multi-state taxation is common for snowbirds and businesses operating in multiple states. The state's retirement population creates significant demand for retirement income planning, Medicare planning, and estate administration.

Industry Specializations: Tourism and hospitality, real estate development and property management, healthcare and senior living, international trade (Miami), aviation and aerospace, financial services, and agriculture are key practice areas. Miami CPAs often specialize in Latin American business and international taxation, while Orlando focuses on tourism and entertainment, and Tampa serves financial services and healthcare.

For CPA Professionals: The Florida Institute of CPAs (FICPA) provides extensive resources across the large state. Major markets include Miami, Tampa, Orlando, Jacksonville, and Fort Lauderdale, with growing opportunities in Naples, Sarasota, and the Treasure Coast. Competition is strong in metro areas, but the continued population influx creates expanding opportunities. The no-income-tax environment attracts both clients and CPA professionals seeking tax advantages and lifestyle benefits.