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Review services include a compilation, as well as a more in depth analysis to your company’s recordkeeping and accounting procedures. Unusual items that require explanation will also be reviewed in greater detail. This service involves a higher level of research and investigation, and carries a “limited assurance” from our firm.

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Professional organizations for CPAs can provide clues to find quality Jacksonville CPA firms. CPA organizations require members to follow a strict professional code of ethics and provide high quality work. CPA firms in Jacksonville with professional memberships are likely to be dedicated to service and excellence.

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What Hammock & Associates, PLLC can do for you
The firm understands that individuals, organizations and businesses alike may feel overwhelmed at times by the complexities of America’s local, state and federal tax codes. But as the best Jacksonville CPA firm, they are ready to provide the customized service, experience and expertise you need to cope with this legislation calmly and confidently. For example, through the tax services they offer, BHC can help you comply with the law, save money, and benefit from the various tax incentives available to you, such as rebates and credits.

Working for Your Business
Because of their reputation and the contacts they have established within the legal system, the best Jacksonville CPA firm will be on your side whenever you have to appear in court on a business matter. They are experienced in providing both litigation support and expert testimony on every level.

Hammock & Associates, PLLC Experience
When compared to other CPA firms in the area, BHC can point with pride to a remarkable client-retention rate that is directly related to the way in which those businesses have thrived since their relationship began. This includes both startups and well-established companies that are operating in an efficient, cost-effective manner because of the various services BHC has to offer and the help they are ready to provide.

In Florida, accounting firms are able to choose those firms that perform peer reviews on a firm-on-firm (FoF) basis, and as the best Jacksonville CPA firm, BHC has conducted a number of them throughout the state. The

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Jacksonville CPA Services for Small Businesses

Independence and freedom to manage your small business according to your own vision is likely what drove you to become an entrepreneur in the first place—but when it comes to planning, running and growing your business, you shouldn’t go it alone.  The U.S. Small Business Administration (SBA) states, “a CPA is 70-633 one asset you can’t afford to do without” as you tackle the challenges of owning a small business in Jacksonville. CPA services for small businesses factor into your success in the following ways:

Planning a Small Business in Jacksonville

Small businesses begin with a creative spark, but they come to life thanks to the debt, bank loans, interest and assets that make up your business’s financial 70-638 structure. Your CPA will help you finance your ambitions by determining how much debt your venture can handle, how to approach investors and the advantages and disadvantages of different debt instruments, such as loans and lines of credit.

At Buttner Hammock & Co., we can take that one step further by helping you with the organizational structure of your business as well. Because we’ve worked with so many small businesses in Jacksonville, we can give you sound advice on the optimal structure for your business as well as issues such as insurance, disaster planning, establishing a board of directors and acquiring commercial property in the Jacksonville area.

Running a Small Business in Jacksonville

Year-round tax planning and tax-seasons preparation—from payroll to deductions and sales tax—are the duties that first come to mind when most small business owners think of CPAs. But CPAs also play a large role in your accounting and general finance, such as when you need to determine the value of your business or analyze your operating costs. A CPA can also help you improve and streamline your day-to-day operation through an internal audit.

Growing a Small Business in Jacksonville

Traditionally, CPAs have played an instrumental role in determining compensation levels for small businesses. CPAs can also advise you on hiring decisions and how to structure your benefits, insurance and stock options.

With the increasing complexity and application of technology, CPAs now shoulder an additional crucial responsibility as well. CPAs can help your small business incorporate state-of-the art accounting systems, such as QuickBooks, that will help you stay compliant and streamline your daily operations and accounting duties.


As a small business owner, placing your trust in a CPA is a key element of achieving success. When you entrust your business’s financial future in a CPA, you’re tapping into a firmly established culture of professional standards and ethics that is backed by extensive peer reviews and a tradition for integrity. Choosing a CPA is much like gaining a new partner in your business. Find out how Buttner Hamock & Co. can further your cause by calling us at (904) 302-9628.

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h1>Jacksonville CPA Services for Restaurants

If you are a budding restaurateur, chances are you’re a devoted foodie or an incurable people person. But how many restaurant owners get into the food service business because of their passion for numbers? Our guess is very few, which is why about three in five new restaurants go under or change ownership within the first three years. But not to worry, you don’t have to go back to night school and get a degree in accounting to run a successful restaurant—as long as you have a CPA on your side.

As a Jacksonville CPA firm that has served local restaurant and retail businesses for over 25 years, here’s how we can help you:

Tips and Wages

How servers, bartenders and line cooks are compensated is just one of the unique accounting aspects of running a restaurant. Our CPA services for restaurants includes a compliant and advantageous plan for reporting tips and other wages.

Federal, State and Local Taxes

The amount and types of taxes you are liable for vary widely depending on your location, right down to the street corner. A CPA can help you take advantage of local tax incentives and stay compliant with the rest of your liabilities come tax season.


Restaurant owners are exposed to a number of audit risks, from inquiries by the Internal Revenue Service regarding sales taxes to Department of Labor wage and hour audits.  With a CPA on your side, you can reduce your chances of being audited and protect yourself from liability connected with these audits.

Food and Liquor Costs and Taxes

How much should you charge for your food and liquor in order to turn a profit? And how should local, state and federal liquor sales taxes be factored in? These are questions best answered by a CPA.

Buying or Selling a Restaurant

Whether you’re planning on taking an existing under new management or considering selling your restaurant to a new owner, there are a number of complex financial and tax issues to unravel. From valuing your inventory, equipment and intangibles to accurately reporting and paying your taxes, a CPA’s sound advice can be invaluable while buying or selling a restaurant.

At Buttner Hammock & Co., our experience working with restaurants in the Jacksonville area along with our prestigious status as members of the American Institute of Certified Public Accountants can help you turn your restaurant into a financially sound business. Call us at (904) 302-9628 for more information.

Jacksonville Income Tax Return Preparation

At Buttner Hammock and Company PA (BHC), we help hundreds of individuals file their income tax returns every year. Tax filers come to us for peace of mind when filing their 1Y0-A08 annual income tax returns, but they often leave with a smaller yearly income tax payment and a firmer grasp on how to strategize their taxable income for the coming year. Wondering if you should see a CPA for your individual tax return? Ask yourself some of the questions below to help you decide.

How Well Do You Understand the Income Tax Filing Process?

W-2s, 1099s, pay stubs, tax forms from employers—that’s the easy stuff that most responsible individual tax filers know how to handle. But do you know how to file deductible expenses, such as home mortgage interest, student loan interest and charitable contributions? If you started a business this year, do you know which schedules, forms and supporting documentation you’ll need in order to report your income and expenses?

If you are a full-time employee, don’t own your home, don’t have any additional income and don’t have kids or dependents, your individual tax return will be fairly straightforward and you can probably go it alone. But for each of the abovementioned circumstances that gets introduced, your 70-632 individual tax return becomes exponentially more complex, meaning it’s likely worth your while to hire a CPA.

Did You Buy or Sell Stock This Tax Year?

If you buy or sell stocks, mutual funds or other securities, you’ll have to fill out Form 1040 Schedule D, which can get somewhat complicated. If you profited from your investment, you’ll have to pay capital gains taxes, but if you lost money on the transaction, you are entitled to take a deduction. However, there are a litany of rules that determine how much you can deduct or how much you have to pay.

If you’re less than confident on how to report losses or gains from stock transactions, hire a CPA for your individual tax return.

Do You Know How to File Your Jacksonville City Taxes and Your Florida State Taxes?

There is a wealth of resources and guides that can help you file your federal income taxes, but don’t forget that you have to pay taxes to the City of Jacksonville (or whichever municipality you file in) and the State of Florida. Many of the complexities that crop up on the federal level are also issues for state and local tax filing, but invariably, the rules, rates and requirements are a bit different. A local tax preparation expert on your side is going to be your best bet here.

Will Worrying about Your Individual Tax Return Keep You Up at Night?

There are some of us who double-check or even triple-check our work, pore over the tax filing directions and agonize over every detail on our individual income tax return and still spend the next few months worrying that they’ll be audited or penalized. And there’s good reason for that—there are a lot of bases to cover, and as an individual tax filer, what you don’t know that you don’t know about the tax code nearly exceeds the gaps in your knowledge that you are fretfully aware of. Even the most diligent do-it-yourselfer occasionally misses an opportunity or overlooks a technicality that an experienced might CPA catch easily. Furthermore, if something goes wrong with your individual tax return, you’ll have your CPA to back you up in redressing the issues or defending your case to the IRS. Not that a good CPA won’t help you if you file on your own and get into trouble, but if you start out with a CPA on your side, things will go much more smoothly if you are audited.

Bottom-line: If you are at all unsure about how to file your individual income tax return, contact a CPA. The investment you make towards hiring a professional can often pay for itself in tax savings, and the peace of mind you’ll receive is absolutely priceless.

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