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Showing 1 to 1 of 1 CPAs in Kathleen, Florida
AL
Albert L. Kimbrough
Certified Public Accountant
Verified Licensed
Location Kathleen, Florida 33849
Based in Kathleen, Florida, Albert L. Kimbrough is a seasoned accountant with over 15 years of experience in providing financial guidance to family-owned enterprises and small to medium-sized businesses. He specializes in basic accounting services, tax compliance, and individual tax services, helping clients navigate complex financial regulations and ensure accurate tax reporting. Kimbrough also provides expert support in payroll processing and compliance, ensuring timely and accurate payment of employee wages and adherence to relevant tax laws. Notably, he offers specialized retirement account tax reporting services, assisting clients in maximizing their retirement savings while minimizing tax liabilities.

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.