Serving Coral Gables · Miami-Dade County

Tax Strategist for Coral Gables Business Owners

Coral Gables is one of South Florida's professional hubs: law firms and solo attorneys along Ponce de Leon and Miracle Mile, physicians and specialty practices, architects and design firms, and the Latin American regional offices of international companies.

Professionals here tend to earn well and get billed well by their advisors, yet many are still structured the way they were when they first hung out a shingle. At high incomes, structure and retirement planning decide far more of the tax bill than deductions do.

Who we help in Coral Gables

Attorneys and law firm owners

Solo practitioners and small-firm partners, where entity structure, retirement plans and the QBI limits for specified service businesses all come into play.

Physicians and specialty practices

Practice owners and 1099 physicians who can use S-Corp salary design and advanced retirement plans to shelter significant income.

Executives with side businesses

W-2 executives at regional and international offices who also consult or invest, with mixed income that needs coordinated planning.

Architects, designers and consultants

Professional-services owners whose profit has outgrown sole-proprietor taxation.

What Coral Gables owners should know

QBI limits hit professionals first

Law, health and consulting are specified service businesses. Above the annual income thresholds, the QBI deduction phases out, so salary and retirement planning matter more.

Miami-Dade and City of Coral Gables business tax receipts

Businesses operating in Coral Gables generally need a local business tax receipt from Miami-Dade County and from the City of Coral Gables.

International income and clients

Professionals serving clients abroad or working for foreign-parented companies should plan for foreign income reporting and treaty questions with their CPA.

Example: a Coral Gables solo attorney netting $300,000

As a sole proprietor, roughly $277,000 of that income is subject to self-employment tax: Social Security up to the 2026 wage base plus Medicare on all of it. Because law is a specified service business, the QBI deduction phases out at this income for many filers. An S-Corp with a defensible salary, combined with a Solo 401(k) or defined benefit plan, is usually where the real savings come from.

How it works

  1. 1

    Take the free 2-minute assessment

    Answer a few questions about your income, business and real estate. See your estimated savings right away.

  2. 2

    Get your full strategy stack

    The Tax War Room checks you against 35+ strategies with IRC citations, models the S-Corp switch, and answers questions through an AI tax strategist. $0 today with a 72-hour free trial.

  3. 3

    Hand it to your CPA

    Every strategy comes with a CPA-ready memo, so your accountant can implement it without starting from scratch.

Coral Gables FAQs

Do you have an office in Coral Gables?

Taxpert works with Coral Gables professionals online. Your assessment, strategy analysis and CPA-ready memo are delivered digitally.

Can attorneys use an S-Corp?

Yes. Many solo attorneys and small firms use an LLC or professional entity taxed as an S-Corp, paying themselves a reasonable salary and taking the rest as distributions. Check your state bar rules on entity type with your counsel.

Why doesn't the QBI deduction help me as a high-earning professional?

Law, medicine, consulting and similar fields are specified service businesses. Above the annual income thresholds, their QBI deduction phases out, though the 2026 rules widen the phase-in range.

Will you replace my CPA?

No. Taxpert finds the strategies and gives your CPA a ready-to-implement memo with IRC citations. Your CPA still files your return.

Find out what you're overpaying

Free 2-minute assessment for Coral Gables business owners. No card required.

Start My Free Assessment →

Prefer to model it yourself? Try the S-Corp calculator or the self-employment tax calculator.

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