Business Details
5 Years
experience
Trusted Accounting and Tax Services in Clearwater, FL
Tsagaris & Tsagaris is dedicated to delivering high-quality tax and accounting services to individuals and businesses across the Tampa Bay region and beyond. With decades of combined experience, our team of certified public accountants, enrolled agents, and staff accountants has built a reputation for accurate, timely, and cost-effective solutions. We prioritize continuing education and maintain rigorous quality control through independent peer reviews every three years. Our mission centers on assisting clients in achieving financial goals with honesty and integrity, offering personalized service tailored to businesses of all sizes and individual income levels.Client satisfaction remains our top priority, supported by a commitment to professional certifications, attention to detail, and direct client engagement. We actively invest in staff development to ensure our team delivers consistent, reliable service while staying current with evolving tax laws and accounting practices.
Services
Tax Services
Accounting Services
Consulting Services
Tax Planning
Bookkeeping
Payroll Services
Business Formation
IRS Audits
Financial Planning
Estate Planning
Details
- Year established: 2021
Highlights and features
- We serve over 250 business clients in the Tampa Bay area.
- Our team includes certified public accountants and enrolled agents.
- We maintain professional certifications and ongoing staff training.
- We provide personalized service for businesses of all sizes.
- We conduct independent peer reviews every three years for quality assurance.
Services
Tax Services
Our tax services encompass preparation and planning for individuals and businesses, including federal, state, and local returns. We specialize in minimizing liabilities through strategic planning while ensuring compliance with evolving regulations. Clients benefit from expertise in complex filings like Form 1120S and 1065, supported by CPAs who complete annual tax-specific continuing education.
Accounting Services
We offer financial statement preparation, bookkeeping, and general ledger reviews to maintain accurate records. Our services include monthly, quarterly, and annual reporting tailored to business needs. Clients receive structured balance sheets, income statements, and cash flow analyses, ensuring clarity for stakeholders and compliance with accounting standards.
Consulting Services
Our consulting services focus on startup guidance, payroll management, and tax-efficient business structures. We assist with financial planning, retirement strategies, and audit representation, combining technical expertise with personalized advice. Clients gain actionable insights to streamline operations and optimize long-term financial outcomes.
Tax Planning
Proactive tax planning helps clients legally reduce liabilities through deductions, exemptions, and quarterly payment strategies. We address estate, gift, and retirement planning while coordinating with attorneys for holistic financial security. Our approach balances immediate savings with long-term tax efficiency for individuals and businesses.
IRS Audits
We provide comprehensive IRS audit representation, from reviewing notices to negotiating findings. Our team assembles documentation, explains audit triggers, and advocates for clients throughout the process. This service ensures compliance while minimizing penalties and stress associated with tax authority examinations.
People
John S. Tsagaris
Partner
John S. Tsagaris, a Florida CPA since 1980, founded the firm in 1984. With over 40 years in public accounting, he specializes in tax planning and corporate accounting for diverse industries, including nonprofits and professional entities.
Jean Cardy Tsagaris
Partner
Jean Cardy Tsagaris, a Florida CPA since 1981, joined the firm in 2021. She brings 40 years of experience in corporate accounting, affordable housing tax credits, and pension plan reporting, previously serving as a controller for Golf Car Systems.
Questions
How long should I keep my tax returns and records?
Keep records for 3 years from filing or 2 years from payment, whichever is later. Retain 7 years for worthless securities or bad debt claims.
Will extending my tax return increase audit risk?
No, extensions don't raise audit flags. The IRS typically audits returns filed within the last three years, regardless of extensions.
Can I deduct home office expenses?
Yes, if used exclusively for business and as your principal place of work. Regular use and proper documentation are required for eligibility.
How does the IRS handle prior-year comparisons?
The IRS compares returns against similar filings and audits discrepancies. Most audits focus on returns from the past two years.
Should I hire a professional accountant?
Professionals simplify complex processes like tax filings and loan applications. Expertise from CPAs ensures compliance and strategic financial decision-making.
