The “ShareFile – Secure Client Portal” is available to provide our clients with quick and easy access to documents through cloud-based file-sharing. A secure client portal provides a personalized and flexible solution to collaborate with our clients securely, anywhere in the world on a 24/7 basis. With enterprise-level security features, ShareFile’s client portal software is the perfect way to safely and efficiently share and collaborate on ongoing client projects.
We stay on the cutting edge of taxation. You benefit from the most current, legal tax avoidance strategies available today. With thousands of tax returns prepared over our rich history, our passion is to save you as much money as legally possible.
We offer time and money-saving accounting, bookkeeping, consulting and payroll services. Small business owners have the passion and desire to succeed. Our passion is to help them succeed throughout the entire business lifecycle.
Obtain that everlasting peace-of-mind that your insurance policies are properly allocated to meet your goals. Initially, and yearly, for no extra fee, we compare your policies to see how you can save money in both premiums and possibly in tax.
If your financial approach is not balanced, it’s costing you money. Our investment professionals take the time to get to know your wants and needs. Your financial goals are important to us, and are given the respect and attention that they deserve.
In today’s fast-paced and ever-changing business landscape, it’s essential to have a reliable and efficient accounting system in place. Whether you’re a small business owner or an individual seeking financial guidance, making the right choices when it comes to your accounting needs can significantly impact......
If you are interested in a business pre-tax retirement plan, then contact our office for a consultation soon! There are deadlines approaching soon on setting up certain small business retirement plans for 2022. Our tax accountants are available to discuss your different tax benefits......
The IRS has increased the business vehicle mileage deduction rate from $.585/mile to $.625/mile effective July 1, 2022. This is a 6.4% increase. Those clients that take the mileage method to expense the business use of their personal vehicle, and use a mileage log......
Upcoming important tax filing deadlines: S Corporate extended tax return (Form 1120S) deadline: September 15 3Q Form 1040 ES – Third quarter individual income tax estimated voucher for 2022: September 15 Individual extended tax return (Form 1040) deadline: October 15...
Get ready for many more of these tax reporting forms coming to your business soon! What should you do? Prior to calendar year 2022 the threshold for a reporting agency to remit Form 1099-K to the seller and the IRS was either $20,000 or more......
If we are preparing your 2021 1040 individual income tax return, please make sure that we receive any new IRS letters that you may be receiving. If you received the Advance Child Tax Credit in 2021 you will be receiving the IRS Letter 6419. If......
Many electronically filed tax returns will have refunds delayed up to 21 days this tax season. Tax returns that are mailed in to the IRS (NOT electronically filed) may be delayed for many months this tax season. The IRS is still processing tax returns and......
WE ARE READY THIS TAX SEASON: Our team of tax professionals are ready this tax season to take great care of our valued clients — this means YOU! This year brings even more tax changes, credits and deductions for our team of tax professionals......
Todd Unbehagen recently spoke on the topic of “The Increasing Minimum Wage and Florida Businesses” for the St. Petersburg College Institute for Strategic Policy Solutions and the Tarpon Springs Chamber of Commerce. He shared his professional views on this with other local business owners and......
DON’T BE SURPRISED! THE ADVANCE CHILD TAX CREDIT WILL CAUSE MANY TAX SURPRISES NEXT YEAR AND 35 MILLION TAX REFUNDS HAVE NOT BEEN PAID BY THE IRS YET Over 36 million families will have some extra money in their bank accounts starting this month,......
Under the American Rescue Plan Act of 2021, eligible restaurants, food trucks, and similar businesses may receive restaurant revitalization funding from the Small Business Administration. Registration will begin on April 30th at 9 a.m. EDT, and the SBA will begin accepting applications via the application portal (see link......
A third round of stimulus is poised to infuse the American economy with $1.9 trillion in economic aid with a significant portion going to enhance existing programs that have offered a lifeline to businesses throughout the COVID-19 pandemic. Known as the American Rescue Plan Act (ARPA), President Joe Biden signed......
Back when we were heading into 2021, there were signs that this year’s tax filing would be a very different experience when compared to previous years. Now, as we continue to emerge from the grip of the COVID-19 pandemic, measures such as the Paycheck Protection......
IMPORTANT TAX AND STIMULUS UPDATES PLUS The Individual Tax Return (Form 1040) Filing Deadline Changed To May 17, 2021 DELAYS, DELAYS, DELAYS, AND MORE DELAYS! – THIS IS THE IRS IN 2021 The IRS is still backlogged with answering calls, notices, and letters due to......
We are staying on top of it ALL for YOU! Due to the government and IRS disruption from COVID-19… This year the IRS has delayed the beginning of tax return filings to 2/12/21, and they still have not completed all of the 2020 tax forms......
On 12/21/2020 — We provided you with much of this information before the newest Stimulus Bill was even signed into law on 12/27/2020 – EVEN BEFORE THE NEWS MEDIA! However, BELOW is the most current IMPORTANT information, further clarification, additions and reminders: 1. PPP Loan Forgiveness......
Hi Everyone! If you are one of our valued bookkeeping and accounting clients that we take care of throughout the year, I just wanted to remind you that we now have a secure client portal for you to use to submit your ongoing financial information......
Take a look at Todd’s short video about this easy tax season process, and our new emailed tax organizer, so that we are able to take great care of you VIRTUALLY this tax season! With COVID-19 concerns, all of our clients have been contacting us......
Here is what we know now. More details to come in the following weeks! AS OF 12/21/2020 What is in this NEW Stimulus Bill? Information from trusted sources is here NOW ready for you, our valued client! In a contiued effort to stay on top......
Our President and CEO, Todd Unbehagen, and the entire Unbehagen Advisors staff, wishes you and yours a wonderful and happy holiday season. Our entire team at Unbehagen Advisors is greatly appreciative of our clients and associates. We are all looking forward to 2021 and “Merry......
Now, more than ever, many small business owners are working from home. While Zoom meeting after Zoom meeting can start to wear thin, removing the daily commute from one’s schedule is a huge bonus afforded to those working remotely these days. For many businesses, this......
The SBA and the US Treasury announced recently on 10/8/2020 that PPP loans of $50,000 or less will be able to use a much more simplified process of PPP loan forgiveness. Those businesses will be able to self-certify that they used the money to receive......
In this brief clip, Brian Stephens explains the things you should consider when the time comes. Prepare ahead of time....
So, when is a good time to sell your business? This video briefly introduces when you should begin thinking about it. The sooner the better, and always have the end in mind! ...
As of today, September 28, 2020, the amount of business PPP loans that are forgiven are taxable. For federal purposes, PPP loan forgiveness may be excluded from gross income. However, the IRS issued “Notice 2020-32” in April 2020 stated that the expenses directly associated with......
AS OF 8/7/2020 As we have stated in prior newsletters, there have been, and will continue to be, changes to the forgiveness of PPP loan calculations, and other PPP related rules. Below are a few of the major and recent changes, and more changes will......
Surviving business slow down, business continuation issues as well as negative IRS tax outcomes It is a good time to understand IRS tax strategies and business continuation strategies – especially while we are seeing a small business economic fallout. A handful of us in our......
AS OF 6/29/2020 As we have stated in prior newsletters, there have been, and will continue to be, changes to the forgiveness of PPP loan calculations, and other PPP related rules. Below are a few of the major and recent changes, and more changes will be......
AS OF 6/6/2020 As we have stated in prior newsletters, there have been, and will continue to be, changes to the forgiveness of PPP loan calculations, and other PPP related rules. Below are a few of the major and recent changes, and more changes will be......
AS OF 5/22/2020 If you are a small business owner, then you should check your local city and county for any available grants that may be available to you. Recently, in our area of Florida, Pinellas County, Hillsborough County and Pasco County have all offered......
AS OF 5/19/2020 We have not been sending newsletters recently on stimulus, as the Federal government has not been issuing new stimulus packages for the past two weeks. However, there have been, and will continue to be, changes to the forgiveness of PPP loan calculations, and......
AS OF 4/29/2020 This newsletter builds on the many prior updates that we have been sending on the small business and individual stimulus that has become available during this COVID-19 crisis. This is another update. If you missed the prior information, you are able to......
JUST IN!! Paycheck Protection Program Increase Act of 2020: Increases the authorization level for the Paycheck Protection Program from $349 billion to $659 billion. Increases the appropriation level for the Paycheck Protection Program from $349 billion to $670.335 billion. Increases the authorization level for the Emergency......
ANOTHER GRANT STIMULUS STARTING APRIL 20: THE U.S. CHAMBER OF COMMERCE NOW HAS A GRANT STARTING ON APRIL 20 IN CERTAIN US LOCATIONS: Check out this initiative of the U.S. Chamber of Commerce Foundation called the “Save Small Business Fund”. It is a grantmaking initiative......
There has been a lot of changes and updates to all of the different stimulus opportunities in the past few days. Many of the past assumptions in these previous newsletters have finally been confirmed by further SBA and US Treasury guidance. Also, there are some......
Like everything else this past week, information is changing rapidly. Many people are wondering how to collect unemployment in Florida as an independent contractor (NOTE: Unemployment is called Reemployment in Florida). We are also being asked how unemployment relates to the PPP Loan for independent......
AS OF 4/2/2020: So, right now, those that own small businesses, and those that are self-employed, have these questions: What loan do I apply for, and what stimulus is best for me. Or, should I collect unemployment? What options do I choose, and how do they......
On April 1, 2020 your business is required to offer Sick and Family Medical Leave pay to qualifying employees. You are required to print and display or otherwise distribute this Labor Poster to your workers to make them aware of this benefit. How to determine who is eligible for......
We recently sent an update titled, “The Small Businesses Guide to the CARES Act” that addressed the information you will need as a small business owner. The information in this update is focused on the individual and employee. However, if you are a business owner,......
Below is a link from the US Senate Committee on Small Business & Entrepreneurship titled, “The Small Business Owner’s Guide to the CARES Act.” If you are a small business or independent contractor, I highly recommend that you read it. It is one of the......
The Three (3) SBA Small Business Loans Available Due to the COVID-19 Financial Crisis No doubt, there is a lot of confusion out there about the SBA business loans that are available now during the COVID-19 crisis. So, we have gathered information here to benefit......
As stated in a recent newsletter, one of our main purposes is to improve your cash flows (CFs). As this HUGE stimulus bill was recently released by the Senate, now sits in the House and will likely be signed on Friday — It will be......
Through April 12, we are accepting virtual appointments only. Yet, we are still here working hard for you. Our office process now under the Pinellas ‘Safer At Home’ Mandate Today (3/25/2020) Pinellas County officials announced the new “Safer at Home” mandate. We expect Hillsborough County......
One of our commitments is to improve the lives of our small business clients and individual clients by improving their cash flows (CFs). We provide a value to clients with that, as related to the fees they pay to us. Whether it is tax savings,......
Recently, it was announced that the 1040 individual tax filing deadline was deferred from April 15 to July 15 this year due to COVID-1 The previous IRS announcement was only for tax payments that are due to be deferred to July 15. Now, the July......
Recent development (3/19/2020): Florida Governor DeSantis activates program in to provide loans to Florida small businesses impacted by COVID-19 Governor Ron DeSantis has activated a bridge loan program that will provide short-term, interest-free loans to small businesses feeling the economic turbulence from the new coronavirus.......
HAVING TO LET GO EMPLOYEES DURING THIS COVID-19 PANDEMIC? HERE IS WHAT TO KNOW NOW. WHAT ARE THE EMPLOYER OBLIGATIONS UNDER THE NEW (3/18/2020) FAMILIES FIRST CORONAVIRUS ACT IF THEY ARE FORCED TO LET EMPLOYEES GO? IMPORTANT: In this provision, these changed regulations from the......
Recently announced 3/17/2020: 2019 tax payments that are owed, NOT the tax filing deadline, are deferred 90 days — until July 15th. You are currently still required to file by the deadlines (April 15th for your Form 1040 individual tax return – 4/15/2020 for 2019 taxes). We can......
Recently signed into law by the President today (3/18/2020): The Families First Coronavirus Response Act This bill responds to the coronavirus outbreak by providing paid sick leave and free coronavirus testing, expanding food assistance and unemployment benefits, and requiring employers to provide additional protections for......
What does it mean to be a small business tax advisor? Our mission statement really defines that well! Our mission is to provide small business and personal financial and consulting services. We do this with an empathetic, proactive, genuine and personally dedicated team approach to......
Unbehagen elected and served as the 2019 President of the Tampa Small Business Resource Network (SBRN) affiliated with SBDC and USF MUMA College of Business Our President/CEO, Todd Unbehagen, is proud to have served as the nominated 2019 President of the Small Business Resource Network......
On October 1, 2019 the IRS announced that it finalized the safe harbor election for rental property to qualify as a trade or business for the 199A deduction. While it is merely the same as the proposed regulations issued earlier this year, there is one......
Owning a small business has its rewards! Managing the marketing and operations can be very time consuming, yet critically important to your success. However, during tax time, now what do you do? Well, the easy answer is to plan ahead and have a clean set......
Unbehagen Advisors has been in operation since 1992, and we uniquely specialize in small businesses in the service and retail sector of the US economy. Having worked with many successful small businesses over our rich history, we can uniquely identify what is needed to keep your......
You will want to weigh out whether it is beneficial to deduct your business vehicles using the actual costs (fuel, depreciation, insurance, repairs/maintenance, oil, etc.) or the mileage rate. You can’t take both at the same time. For most service-based small businesses (sales, realtors, professionals, etc.)......
Many of our clients ask how they can deduct their volunteer time and costs for charity. You should be aware that your generosity may allow you to take certain tax breaks. The confusion often sets in when clients think that their time is deductible. Unfortunately,......
If you are starting a business or own a small business currently, then contact our team to discuss your specific requirements and our suite of small business services. If you would like general information, then proceed reading below. There are many reasons to form a......
You know you’re operating a reputable business, but is that the impression your sales force is leaving with potential customers? Or is your sales team willing to say whatever it takes to seal the deal? In today’s cutthroat business climate, it’s easy to lose sight......
IRS examiners usually do their homework before meeting with taxpayers and their professional representatives. This includes reviewing any relevant Audit Techniques Guides (ATGs) that typically focus on a specific industry or audit-prone business transaction. IRS Jumps into Golden Parachutes In February 2017, the IRS updated......
A commercial lease or commercial real estate lease, like any other contract, can be negotiated. But don’t use or accept a form lease. The lease should be constructed in a way that you obtain the maximum legal, economic and tax advantages. Keep in mind that......
When to Update Your Estate Plan Estate planning isn’t just for the rich and famous. Many people mistakenly think that they don’t need an estate plan anymore because of the latest tax law changes. While it’s true that the Tax Cuts and Jobs Act (TCJA)......
As a community service project, Unbehagen Advisors purchased and dedicated a Clearwater Dolphin Trail Dolphin to the Tarpon Springs Chamber of Commerce and the City of Tarpon Springs on November 5, 2018. Unbehagen Advisors worked alongside the Tarpon Springs Chamber of Commerce and assigned an......
IR-2018-100, April 17, 2018 WASHINGTON — The Internal Revenue Service announced today that it is providing taxpayers an additional day to file and pay their taxes following system issues that surfaced early on the April 17 tax deadline. Individuals and businesses with a filing or......
We do it all when it comes to small business services here in Tampa Bay! From Tax services, payroll, insurance to small business strategies. We’ve got your back! Here’s to your SUCCESS!...
Are you looking for a reliable team to handle all of your small business taxes and strategies? Look no further than Unbehagen Advisors. We’ve got your back! Here’s to your SUCCESS!...
Please do not worry about the fast-approaching tax deadlines. Our team has got your back when it comes to filing an extension and taking the correct steps with the IRS. Contact us today for a consultation. Here’s to your SUCCESS!...
When Tax Season is over we stay busy. We are constantly providing tax-planning and strategies for your small business journey. Book a consultation today and learn how we can help you! Here’s to your success!...
We have the tools, team, and technology to handle everything related to your small business taxes from the comfort of your own home. Ask us how!...
In this short video, Todd Unbehagen explains how we have been upgrading our technology and talent to continue to exceed our client’s expectations....
TAX TIPS FOR THE SELF-EMPLOYED Being self-employed has many advantages — the opportunity to be your own boss and come and go as you please, for example. However, it also comes with unique challenges, especially when it comes to how to handle taxes. Whether you’re......
Starting a new business is a daunting task. Various studies have cited a failure rate of 50% for new businesses within their first year. With such a high-risk factor, prospective business owners need to do their research before launching their enterprise. Here are some helpful......
We, at Unbehagen Advisors, are often asked by clients, that want to purchase a small business, the question, “What financial documents should I request from someone selling a business.” It depends on the business that is being sold as to what specific financial reports and......
Our Tampa office has been working recently with clients that have been using crowdfunding to capitalize their business. Many do not understand that there are tax implications to crowdfunding. One unknown fact is that if you provide a tangible product in exchange for donations you......
Tax – Home Office Deduction How to calculate the home office deduction: 1. The regular (old) method: Taxpayers using the regular method (required for tax years 2012 and prior), instead of the optional method, must determine the actual expenses of their home office. These expenses......
Top 5 things to consider when starting a business! 1. Follow your passion – Your business should have a purpose to improve the lives of others. This can mean lots of things, but this will improve your outlook on the business and on your life.......
1031 Exchange Basics: We find that as real estate appreciates, more of our many business owner and real estate investor clients take advantage of section 1031 exchanges (aka “1031 like kind exchanges”) that can provide significant tax benefits to commercial and investment property owners. Through......
Common Tax Mistakes for Small Businesses Knowing these rules can help avoid missing deductions or having them disallowed during an audit. 1. Not saving receipts of less than $75 for meals and entertainment. Although the receipts are not required, records must show required......
Health-Care Reform Law – How Does it Apply to You? Beginning in 2014, the mandatory health insurance coverage provisions of the Patient Protection and Affordable Care Act (ACA) go into effect. But the law does not require everyone to have health insurance, nor are......
BREAKING NEWS: EMPLOYER HEALTH CARE MANDATE EXTENDED! Late Tuesday evening (7/2/2013), the Treasury Department announced that it is delaying the federal health care mandate for EMPLOYERS until January 1, 2015 and there will be no penalties assessed for business who don’t provide health insurance for......
I have provided tax and accounting services to hundreds of small business owners over the past 12 years. Our practice has been here since 1992, and when you add in those years it has been thousands of business owners. In that time, many businesses have succeeded and......
Your home has a 26% chance of being damaged by a flood over the life of a 30 year mortgage. Floods are the #1 natural disaster in the United States. Your homeowner’s policy does not cover damage to your home and property due to......
Pat Deering of FranNet of Tampa/Orlando fits people with franchises that fit their personality and lifestyle. I have worked with her for many years, and have many clients that have started successful franchises with her help. We met today, and she shared with me the......
More than $41 trillion will be transferred to heirs over the next 50 years, the largest transfer of wealth in U.S. history, according to the Center on Wealth and Philanthropy at Boston College. Much of that wealth will be passed on to people who are already affluent......
Our 2013 client appreciation party at Unbehagen Advisors was a huge success. We had over 200 clients attend! It was a beautiful day in January. We truly appreciate all of our loyal clients. We are thankful for you, and look forward to many more years......
Don’t expect to get your tax refunds as fast as you used to for the 2012 1040 filing season. The IRS used to print a refund cycle chart, so you could determine when the funds would be direct deposited in your account. That has been......
We’re happy to announce the launch of our new website UnbehagenAdvisors.com! It’s our hope that the new website becomes a hub of useful tax, accounting, investment and insurance information for you and your business. Our blog is going to be a great place to keep......
Our award-winning staff of eight accomplished tax professionals has grown to include multiple EA’s and CPA’s, with many years of management and tax experience in large tax and accounting firms. We are confident and ready to take on the challenges of the largest tax law changes in over thirty years!
This is going to be a great year for you!
Our entire award-winning team is looking forward to working with you and communicating with you, to ensure a quality outcome of your tax needs this tax season and beyond!
This year brings many sophisticated tax changes, and we are all prepared for you to benefit fully from one of the largest collections of tax changes since 1986!
~Todd G. Unbehagen, MAFM, EA, ATA, ATP
President/CEO – Unbehagen Advisors
We’ve been serving the Tampa Bay Area community for almost 30 years. Trust the team at Unbehagen!
We listen. We care. We take pride in communicating effective solutions.
With clients located throughout the United States, we are a tax, accounting, and insurance services firm. We utilize the latest video conference and screen sharing technology, along with our ShareFile secure client portal system, to provide our clients with virtual meeting options. This allows us to reach our clients anywhere in the world that is most convenient for them, providing them with a great experience.
Over our almost 30 year history, we have won many awards in our professional industry. We have dedicated, professional, expert advisors in each of our separate divisions working together as one team. We even have referrals to affiliated small business attorneys and investment services!
Unbehagen Advisors has a proven mix of financial knowledge, integrity, and passion that is evident in everything we do. Our firm is built on quality, excellence, customer service and effective communication and we are stronger than ever. We embrace current trends in technology to create effective processes that benefit our clients and save them time and effort. This also improves our communication with our clients, and enables us to reach them where they are. We believe this will allow us to remain competitive long into the future, and thankfully our clients agree!
Our passion is helping individuals, entrepreneurs and small businesses reach their financial goals. Your financial goals depend on properly tracking your income and expenses, minimizing your taxes, and allocating your assets according to your risk tolerance.
Some clients utilize only one or two areas of our service, but many find a large value in utilizing all of our various services together. They put our services to work together to preserve, protect, and grow their individual assets and small businesses, all in one place. We look forward to proving to you that we genuinely care about you, our client, and your money. We really get to know our clients! Let us show you what it’s like to work with a team that is dedicated to integrity, professional excellence, and quality customer service. If you want help with your small business, need a financial plan, want to review your insurance policies or simply want to pay the lowest amount of tax legally possible then simply contact our office and schedule an appointment today.
