Business Details
Expert Tax Compliance & Advisory Services in Florida
Breen Accounting & Tax Service has established itself as a trusted partner for individuals and corporations navigating complex US taxation and reporting requirements. With deep expertise in federal, state, and local tax compliance, we serve both domestic and international clients, leveraging our owners' extensive international experience to address cross-border tax challenges. Our comprehensive offerings include preparation of annual income tax returns, Individual Taxpayer Identification Number (ITIN) applications, corporate and partnership tax filings, and tangible personal property tax reporting. We specialize in supporting foreign investors with rental property tax obligations, including Form 1040NR preparation and IRS withholding compliance. For businesses, we provide bookkeeping services, company formation guidance, business plan development for immigration purposes, and due diligence/valuation services for business acquisitions.Our team maintains IRS-certified expertise through Derek Breen's designation as a Certified Acceptance Agent (CAA), ensuring accurate ITIN processing and tax documentation. We prioritize client education, offering detailed explanations of tax obligations and deadlines while maintaining meticulous compliance with IRS and Florida state requirements. Our commitment to personalized service extends to assisting clients relocating businesses and families to central Florida, ensuring seamless integration into the local tax and regulatory environment. By combining technical proficiency with proactive client communication, we help clients minimize tax liabilities while maintaining full legal compliance.
Services
Tax Advisory
Corporate Tax Returns
ITIN Assistance
Bookkeeping Services
Business Formation
Highlights and features
- We offer 20+ years of combined international tax experience
- Our team includes IRS-certified ITIN application specialists
- We provide comprehensive due diligence and business valuation services
- Specialized expertise in Florida corporate tax compliance (Forms F-1120/F-1065)
- We maintain active involvement in foreign investor property tax compliance
Associations and certifications
- IRS Certified Acceptance Agent
Services
Corporate Tax Returns
We prepare and file federal Form 1120 and Florida Form F-1120 corporate tax returns. Our service includes deadline tracking, extension management, and payment scheduling. We ensure compliance with IRS regulations while optimizing tax positions through proper documentation and strategic planning.
ITIN Assistance
Our IRS-certified agents assist with Individual Taxpayer Identification Number applications. We verify required documents, complete Form W-7 submissions, and provide compliance guidance for foreign taxpayers needing US tax identification for property ownership or business activities.
Rental Property Tax Compliance
We handle tax obligations for foreign property owners including Form 1040NR preparation, IRS withholding compliance, and expense documentation. Our service ensures adherence to US tax laws for rental income while maximizing allowable deductions for property owners.
Business Formation Support
We assist with Florida business entity creation, including preparation of formation documents, tax ID applications, and compliance planning. Our service covers business plan development for immigration purposes and regulatory requirements for new corporate entities.
Due Diligence Services
We conduct financial assessments for business purchase transactions, evaluating tax compliance history and potential liabilities. Our due diligence service helps buyers make informed decisions through comprehensive analysis of target companies' financial records and tax positions.
People
Derek Breen
Certified Acceptance Agent
IRS-certified tax professional with expertise in international tax compliance, ITIN processing, and corporate tax filings. Specializes in cross-border tax matters and Florida business regulations.
Angela Breen
Tax Consultant
Experienced tax advisor focusing on business compliance, rental property taxation, and international reporting requirements. Provides strategic guidance for corporate and individual taxpayers.
Questions
What tax services do you offer for foreign property owners?
We prepare Form 1040NR returns for nonresident aliens with US rental properties, handle ITIN applications, and ensure compliance with IRS withholding requirements for foreign investors.
How do I apply for an Individual Taxpayer Identification Number (ITIN)?
Our IRS-certified agent verifies identity documents and submits Form W-7 applications, with processing typically taking 3-4 weeks.
What are the deadlines for corporate tax returns in Florida?
Federal Form 1120 is due March 15; Florida Form F-1120 is due April 1. Extensions available but payment deadlines remain unchanged.
Do I need to file tangible personal property tax returns?
Yes, all business assets must be reported by April 1 with potential 5-25% penalties for late or unreported property.
What documentation is required for year-end tax preparation?
We require business bank statements, credit card records, accounting files, and expense receipts by end of January for timely filing.