Miami-Dade County Local Business Tax Receipt: Rates vary by business type, location, and other factors; City of Miami Business Tax Receipt: Rates vary by business type and are determined by City Code (sec. 31-50)
Short-term rentals require a state license from the Florida Department of Business and Professional Regulation and may require city-specific permits; Miami Beach has specific prohibitions in certain zones.
Miami's lack of state and local income tax presents a significant advantage for business owners and investors, making strategic planning around property and business-specific taxes paramount.
These are the dominant professions and industries in Miami. Click your profession to see your personalized write-off list.
These strategies are especially powerful or unique for Miami residents and business owners. Click any strategy to learn more.
Running an LLC or business in Miami? Here's what you need to know about local taxes, entity structure, and the write-offs that matter most in this city.
Miami business owners face both Florida state taxes and Miami-specific local taxes. Understanding both layers is essential for effective tax planning.
Common questions about Miami business taxes, LLC structure, and local write-offs — answered by Uncle Kam's tax advisors.
Miami does not have a local individual income tax. You'll pay Florida state income taxes but no additional city-level income tax. Focus your planning on maximizing federal and Florida state deductions.
Book a Free Strategy Call →Miami-Dade County Local Business Tax Receipt: Rates vary by business type, location, and other factors; City of Miami Business Tax Receipt: Rates vary by business type and are determined by City Code (sec. 31-50)
Book a Free Strategy Call →The top write-offs for Miami business owners include: S-Corp election to reduce self-employment taxes, home office deduction, vehicle and mileage, Section 179 equipment expensing, business meals and entertainment, retirement contributions (Solo 401k/SEP-IRA), and Miami-specific deductions like local business taxes paid. Uncle Kam's advisors know the Miami tax landscape — book a free strategy call.
Book a Free Strategy Call →Forming an LLC in Miami provides liability protection and pass-through taxation. For most Miami business owners earning over $60,000 net profit, adding an S-Corp election to your LLC can save thousands in self-employment taxes annually. Florida has specific LLC requirements and fees — get a personalized recommendation from Uncle Kam's tax advisors.
Book a Free Strategy Call →Short-term rental rules in Miami: Short-term rentals require a state license from the Florida Department of Business and Professional Regulation and may require city-specific permits; Miami Beach has specific prohibitions in certain zones. From a tax perspective, STR owners can deduct mortgage interest, property taxes, insurance, repairs, depreciation, and management fees. The short-term rental loophole may allow you to offset W-2 income with rental losses if you qualify.
Book a Free Strategy Call →Yes — Miami has designated Opportunity Zones where investors can defer and reduce capital gains taxes by investing in qualified opportunity funds (QOFs). This is one of the most powerful tax deferral strategies available for real estate and business investors in Miami. Uncle Kam can connect you with advisors who specialize in OZ investments.
Book a Free Strategy Call →Freelancers and self-employed professionals in Miami can reduce taxes by: electing S-Corp status (saves $5k–$20k/year for most), maximizing the home office deduction, deducting all business-related expenses, contributing to a Solo 401(k), and using the QBI deduction (up to 20% of qualified business income). Miami's combined state and local tax burden makes these strategies even more valuable. Get a free tax review from Uncle Kam.
Book a Free Strategy Call →This city guide is commonly used by the following taxpayer profiles. Click to see all strategies for your situation.
Uncle Kam connects you with vetted CPAs and tax advisors in Miami, Florida who specialize in maximizing write-offs for your business type.
Find Miami Tax Professionals →Uncle Kam clients save an average of $5,000–$40,000/year. The strategies that make that possible are unlocked on a free strategy call.
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