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Business Advisory and Accounting Partners is a business advisory, tax, and accounting firm in Clearwater, FL helping businesses and individuals since 1989.
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Should My LLC Elect S-Corp Status?
Should My LLC Elect S-Corp Status? An S-Corp election can make sense once your LLC […]
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When Should Business Owners Start Planning for Year-End Taxes?
Business owners should start year-end tax planning in August or September, not December Waiting until […]
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Multi-Entity Business Tax Strategy: Separate Books, One Plan
How do I manage taxes when I own multiple businesses — and do I need […]
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Wooden blocks spelling salary representing S Corp reasonable compensation
Choosing Reasonable Compensation to Avoid IRS Issues
Why does “reasonable compensation” matter so much for small business owners? If you operate an […]
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Person holding a smartphone with multiple red warning icons and exclamation marks, symbolizing scam alerts, with BAAP logo in the corner.
How the IRS Contacts You—And How Scammers Pretend To
Imagine this: You’re wrapping up a hectic week managing payroll, onboarding a new client, and […]
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Side Hustles: The IRS Is Watching
And That’s a Good Thing—If You’re Planning Ahead You didn’t start your side hustle just […]
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Can You Change Your Business Structure
Can You Change Your Business Structure? Here’s When You Should
Why You Might Need to Change Your Business Structure  As your business evolves, so should […]
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The Hidden Costs of Being a Sole Proprietor
Any CPA Firm Can Record History. Our Firm Will Help You Build a Future  Too […]
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Why an LLC Isn’t Just Optional—It’s Essential for Tax Efficiency and Legal Protection
Introduction As small business owners and rental property investors look for ways to protect their […]
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