Business Details
Trusted Accounting and Tax Services in Wesley Chapel, FL
Profits and Gains is a full-service accounting firm with over two decades of experience serving individuals, small businesses, and medium-sized enterprises in Wesley Chapel, FL, and surrounding areas. Founded on principles of trust, expertise, and community, our team of certified professionals specializes in tax preparation, financial planning, payroll services, and business consulting. We prioritize personalized service, tailoring solutions to each client's unique needs while maintaining strict adherence to ethical standards and regulatory compliance.Our commitment to efficiency ensures clients receive accurate, timely support, from individual tax filings to complex corporate financial strategies. With offices in Wesley Chapel and Brandon, FL, we combine local knowledge with industry-leading expertise to help clients achieve long-term financial success.
Services
Bookkeeping
Tax Preparation
Financial Planning
Payroll Services
Quickbooks Help
Sales Tax Services
Business Entity Selection
Financial Statements
Real Estate Planning
Business Consulting
Highlights and features
- We have over 20 years of experience in accounting services.
- Our team consists of certified experts with extensive experience.
- We offer personalized service tailored to each client's unique needs.
- We are committed to ethical and transparent communication.
- We provide efficient strategies to tackle financial needs.
What people say
Exceptional service
Knowledgeable staff
Prompt and courteous
Trustworthy
Highly recommend
Services
Tax Preparation
Our certified accountants expertly prepare federal and state tax returns for individuals and businesses. We ensure compliance with current tax laws while maximizing deductions and credits. Clients receive personalized guidance to navigate complex tax situations, including multi-state filings and business tax reporting.
Payroll Services
We handle complete payroll management for businesses of all sizes, including tax calculations, paycheck distribution, and regulatory compliance. Our services cover W-2 and 1099 processing, payroll tax filings, and year-end reporting to ensure accurate employee compensation and tax documentation.
Financial Planning
We develop customized financial strategies for individuals and businesses, focusing on long-term growth and tax-efficient investing. Services include retirement planning, investment portfolio analysis, and asset protection strategies tailored to clients' financial goals and risk tolerance levels.
Business Consulting
Our CPAs provide strategic business advice covering entity selection, tax planning, and financial statement analysis. We help businesses optimize their financial structure, improve cash flow management, and navigate regulatory requirements for sustainable growth and operational efficiency.
Quickbooks Help
We offer comprehensive QuickBooks setup, training, and troubleshooting services for businesses. Our experts ensure proper configuration for accurate financial tracking, provide reporting guidance, and deliver ongoing support to maintain organized and compliant accounting records.
People
Ameet Punwani
Managing Director
Ameet Punwani, CPA, has 14 years of public accounting experience in Tampa. He specializes in tax law and business consulting, serving as a trusted advisor to local businesses. He holds a Bachelor's degree in Accounting from the University of South Florida.
Radha Bhatta
Accountant
Radha Bhatta, Tax Associate and Preparer, brings 14 years of expertise in tax return preparation. With a master's degree in Accounting, she focuses on maximizing client refunds while maintaining compliance with tax regulations for individual and business filers.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive services including bookkeeping, payroll processing, tax preparation, financial statements, and business consulting tailored to small business needs.
Do you handle both individual and business tax filings?
Yes, we prepare federal and state tax returns for individuals, sole proprietors, corporations, partnerships, and LLCs with personalized attention to maximize deductions.
Are you available for appointments outside regular hours?
Our main office operates Monday-Friday 9am-5pm. We offer Saturday appointments by request and provide urgent support via phone for critical tax matters.
What areas do you serve?
We primarily serve Wesley Chapel, Brandon, and Pasco County, FL, with clients throughout the Tampa Bay area and remote services available for select accounting needs.
Reviews (7)
Julian
Feb 26, 2022
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I have been a client with Profits and Gains for over 6 years! During these years my experience has been extremely rewarding.the team is not only exceptional in terms of monthly bookkeeping and financials but also very professional and understanding to all our needs! I would strongly recommend them to anyone looking for a very thorough accounting experience at a fair price! Julian Mathew Owner Bay Life Pharmacy
Eric Bill
Feb 11, 2022
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Awesome team over at Profits and Gains! My family and I have been working with Ameet for years and each year he always come through. He's quick and thorough. Highly recommend using their services.
Vibha Dhawan
Apr 05, 2021
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I've been using Profit and Gains services for years and they are fantastic. Ameet is very knowledgeable, trustworthy, and professional. Friendly staff and welcoming. I have tried expensive CPAs and tax services in the past, he is definitely better and much more affordable. I definitely recommend him. Once you use his services, I guarantee you won't go anywhere else.
Jamie Boyd
May 08, 2020
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My husband and I have worked with Profits and Gains for 7 years for both personal and business tax returns. They are a top notch accounting firm, professional, thorough, and quick response time to questions. 5 stars in my book!
Eileen Snyder
Nov 05, 2019
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I have used their service for many years and have had exceptional service and personal attention. They handle all my business tax needs and I don't have to worry or think about it from year to year. I recommend them to anyone needing an accounting firm. All of the staff are very helpful.
Aarti Bellara
Apr 28, 2017
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Ameet Punwani and his staff are extremely knowledgeable, professional and approachable. I sought his services for my personal tax returns in 2012. I was extremely impressed with his not only his knowledge and expertise but his care and compassion for his clients and their bottom line. He took the initiative to review my previous tax returns, identified problems with them, refiled them and was able to get me a substantial amount of money back. I have recommended his services to friends and family. There are few people I trust with my personal finances which is why I still use Profits and Gains even after moving over 1000 miles away.
Kinresh Patel
Dec 24, 2016
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I have worked closely with Ameet Punwani and his staff for over more than a decade. My relationship with Profits and Gains has involved a number of different corporate entities and partnerships - aside from my personal tax matters, which I have been more than happy to entrust to Profits and Gains Over the years, I have found the counsel of Ameet and his staff to have been invaluable in my business and personal endeavors.
I highly recommend Profits and Gains to any potential customer. In fact, over the years, I have referred two brothers-in-law (who continue to be clients of the firm) - as well as various business clients - to Ameet's firm. In short, I recommend Profits and Gains -without reservation - to any potential client.
I highly recommend Profits and Gains to any potential customer. In fact, over the years, I have referred two brothers-in-law (who continue to be clients of the firm) - as well as various business clients - to Ameet's firm. In short, I recommend Profits and Gains -without reservation - to any potential client.