Murtha & Flischel CPAs Helps Businesses & Individuals Be Ready For Tax Time 

(L.-r.) Kyle Flischel and Tom & Patrick Murtha are the partners who have helped make Murtha & Flischel CPAs in the Seven Oaks Professional Park one of the most respected Certified Public Accounting firms in the New Tampa/Wesley Chapel area. (Photo provided by Murtha & Flischel) 

For more than 14 years, Murtha & Flischel Certified Public Accountants (CPAs), have been a trusted name in the Wesley Chapel community. Known for dedication to personalized service and in-depth knowledge of accounting and tax laws, the firm has built a strong reputation as reliable partners for individuals and businesses alike. 

The story of Murtha & Flischel began back in 1997, when Thomas Murtha and Raymond Flischel founded the firm as Flischel, Murtha & Associates in Englewood, FL. Ray Flischel worked for more than 40 years before retiring. Tom Murtha is a seasoned CPA with a Bachelor of Science (B.S.) degree in Management from Long Island University in Brooklyn, NY, and a Master of Business Administration (MBA) Degree in Accounting from St. John’s University in Queens, NY. Tom has nearly 40 years of experience in taxes, valuations, mergers and acquisitions, and has been a trusted advisor to many. He also taught accounting courses at Hillsborough Community College and for the American Institute of Banking for more than 15 years, helping shape the next generation of accountants. 

In 2009, Tom’s son Patrick helped Tom and Ray sell their Englewood firm and open a new office — Murtha & Murtha, LLC, in Tampa. In 2015, the firm moved to the Seven Oaks Professional Park (off Ancient Oaks Blvd., north of S.R. 56) in Wesley Chapel, where it continued to grow and thrive. Today, the firm has changed its name to Murtha & Flischel and has three partners, including Tom, Patrick and Ray’s son Kyle Flischel. 

Patrick and Kyle are both alumni of the University of South Florida (USF) in Tampa, where Patrick earned B.S. degrees in Finance and Accounting, in 2009 and 2015, respectively, while Kyle earned a B.S. degree in Accounting in 2011 and a Master of Science (M.S.) degree in  Accounting with a focus on taxes, in 2017. 

Murtha & Flischel offers a wide range of services to meet the needs of its clients. From preparing taxes to advising businesses on complex tax issues, the firm helps clients stay compliant and make the most of their financial opportunities. During tax season, Murtha & Flischel’s dedicated senior accountants — including Kaitlyn Kociba and Kaitlyn Little — work hard to assist clients. Both Kaitlyns started as interns and are now pursuing their CPA certifications. Junior accountants Jackie Moore and Tamara Daley also are valuable team members. 

“We’re excited to expand our team,” Patrick says, “and we plan to add two more junior accountants soon.” 

Client satisfaction is at the heart of everything the professionals at Murtha & Flischel do. The team’s personalized approach has earned the firm glowing reviews from its clients, as Murtha & Flischel has an overall 4.9 star (out of 5) rating on Google, with more than 115 reviews. Client Christina Helm shared in her 5-star rating: “It’s time we ALL quit slogging through TurboTax and never look back. From initial contact to my phone appointment with Kaitlyn Little to signing our return was about a month, with quick, accurate and professional communication, via phone, [by] email and on their app!” 

In addition to tax preparation, the firm offers bookkeeping and accounting services that help businesses keep their financial records accurate and organized. This allows Murtha & Flischel’s clients to make informed decisions and plan for growth. The firm also specializes in business valuations, tax planning and helping buyers and sellers navigate the process of mergers and acquisitions. 

“We started with mergers and acquisitions before expanding to other services,” Patrick says. 

A High-Flying Firm 
(L.-r.) Senior accountants Kaitlyn Kociba and Kaitlyn Little, partners Kyle Flischel and Patrick Murtha, office manager Lourdes (“Lou”) Alers, front office manager Sam Yates and staff accountant Tamara Daley can all be found at Murtha & Flischel’s Wesley Chapel office. (Photo by Charmaine George) 

Patrick and Kyle have both recently earned their pilot’s licenses. In 2023, Patrick received his license and in December of last year, he completed instrument reading. 

“Although we did it as a hobby, it has quickly become an essential part of our business,” Patrick says. “We had a client on the other side of the state, and where it would have taken us a few hours to get there, we were able to arrive in just under an hour and fly back home the same day. Flying saves us so much time and it makes it easier to provide hands-on support for our clients.” 

Another standout offering is Murtha & Flischel’s CFO (Chief Financial Officer) Retainer Package. This service provides businesses with ongoing financial oversight, including monthly accounting, budgeting and tax planning. It also includes advice about health insurance and retirement plans. Acting as an outsourced CFO — at a fraction of the cost of an in-house CFO — the firm helps businesses stay financially secure while preparing for long-term success. 

On TampaTaxFirm.com, the firm shares helpful articles under the “News and Articles” section. “We try to post relevant information that clients might find useful,” Patrick explains. Recent topics include the changes to federal and state tax laws for 2025 and guidance on the on-again, off-again BOI (Beneficial Ownership Information) and FinCEN (Financial Crimes Enforcement Network) compliance. While Murtha & Flischel doesn’t complete BOI filings for its clients, the firm does provide clear instructions on how to complete that filing yourself. 

“We want our clients to avoid fines and stay informed,” Patrick says, adding that although the requirement for businesses to file BOI was put on hold, it is possible it will become a requirement again at some point. 

“The process is quite simple,” Patrick adds. “It takes only a few minutes to file electronically.” He recommends business owners either go ahead and complete it just in case or make sure they keep an eye on updates through FinCEN.gov. 

This unwavering commitment to personalized service is what makes Murtha & Flischel stand out. “Our goal is to provide year-round support and timely responses to all client questions,” Patrick says. This dedication has earned the firm a loyal client base and a strong reputation in the local community. 

The firm also supports local initiatives and participates in community events. This dedication not only enhances the staff’s connection with clients but also underscores the role of a community-centric firm. 

Patrick and his wife Jennifer have three children — 10-year-old Thomas, Jack (age 9) and Audrey, 4. The family lives in Wesley Chapel and is very active in the local community, including the Rotary Club of Wesley Chapel and the North Tampa Bay Chamber. Meanwhile, Kyle (who has been the president of a local Business Networking International chapter) and his wife Stephanie enjoy brewing beer as a hobby. 

The firm of Murtha & Flischel CPAs is located at 2236 Ashley Oaks Cir., Suite 101, in Wesley Chapel. The Zephyrhills office is located at 5315 8th St. 

For a free consultation or tips on tax filing, call (813) 991-1120, or visit TampaTaxFirm.com or any of Murtha & Flischel’s social media sites — Instagram.com/murthacpas, Facebook.com/TampaTaxFirm, or Linkedin.com/ company/murtha-and-flischel-certified-public-accountants.

Who Should You Call To Untangle The New Tax Laws? Murtha & Murtha, CPAs!

Patrick Murtha (left) and his father Tom Murtha offer a plethora of accounting services for individuals and businesses from their office in the Seven Oaks Professional Park. (Photo: Gavin Olsen)

Tax season is upon us (“Tax Day” is Monday, April 15), and with the new tax laws that have created more questions than ever before, it might be time to call in some experienced experts.

The father-and-son team of Tom Murtha, CPA, and Patrick Murtha of Murtha & Murtha, LLC, is ready to answer that call.

Partners and owners of their own firm in the Seven Oaks Professional Park off S.R. 56 (across from Sam’s Club), the Murthas have more than 50 years of combined experience in tax law, and they recently added three more employees, following a merger with another office in Zephyrhills, which is now called Henson & Murtha, CPAs.

“It was a good opportunity to grow the business and take our brand and implement that in Zephyrhills,” Patrick says.

With the addition of longtime CPA John Henson and three other employees in the Zephyrhills office, anyone signing up with the Murthas now has access to more than 100 years of combined experience in everything from accounting to tax preparations to mergers and acquisitions.

“Where we definitely shine with is handling complex issues you don’t see every day,” Patrick says. “Between all of us, we’ve seen everything.”

The Curious Case Of The Shrinking Tax Return

The current tax season promises to be an interesting one for Murtha & Murtha and other accounting firms, as clients are feeling the effects, good and bad, of last year’s Tax Cuts and Jobs Act.

Things like the doubling of the child tax credit, higher standard deductions and new limits on itemized tax breaks could create some thorny issues for those doing their taxes on their own and those using computer software.
So far, Patrick says that some people are finding out that their usual tax refund has been replaced by a new tax bill.

While there are still a lot of tax breaks in the new bill, “W-2 employees are finding their withholdings weren’t enough,” Patrick says, “so, when they’re used to getting a tax refund, we have clients who are getting a much smaller tax refund, and some that actually owe.”

How did that happen? Well, when the new tax law went into effect, Patrick says the IRS overestimated the tax savings that your average taxpayer was going to have. In other words, the IRS was less aggressive on the withholding than it should have been.

“So, what happened is people got bigger paychecks during the year, but that was in the form of withholding less tax for their tax bill for the end of the year,” Patrick says.

The Murthas say they are not completely surprised by this development. They say they started noticing while doing tax returns in 2018, just after the bill passed, that many of their clients said they were receiving bigger paychecks. As anyone on social media can attest, there were many posts from people praising the new tax law because it meant an extra $100 every week or two on their paychecks.

One of Patrick’s clients, a married couple, say they have never owed taxes before and usually get a refund of around $3,000. This year, they owe $2,500.

On the other hand, says Tom, Murtha & Murtha has another client, a business owner making more than half a million dollars annually, who they saved $30,000-40,000 in taxes.

“He made out like a fat rabbit,” Tom says, “and he was able to put the savings into retirement planning.”

While everyone is paying a little less tax, Patrick says the sweet spot this year seems to be those making between $150,000 and $400,000, due to the child credit being doubled and available to those who make up to $400,000, a generous qualified business income (QBI) deduction of 20 percent for business owners and “softer” tax brackets.

If using a firm like Murtha & Murtha sounds daunting and exorbitantly-priced, the Murthas promise that it’s not.

“Pricewise, were competitive with companies like H&R Block, we really are,” Patrick says. “I have clients who come in and I quote them a price and they say, ‘Wow, I paid $100 more at H&R Block and they messed up my return.’ We are able to provide a high level of service without pricing people out.”

That service, provided by Patrick, Tom and the firm’s senior accountant Kyle Flischel, CPA, is what they call the “Murtha & Murtha Difference.” They don’t have someone meet with you, pass off your return to someone different in a back office, and then deliver your results to you without explaining everything and rushing you out the door.

At Murtha & Murtha, the person you talk to is the person who does your tax return. Whether you’re a filer from a lower income tax bracket, a business bringing in $100,000 a year or someone with an $80-million stock portfolio, you get personalized treatment.

“We want our clients to view us as advisers,” says Patrick, “not just the guys who do their tax returns.”

Murtha & Murtha will go over your return, explain how the final result was achieved and offer advice on how to proceed in the future. If you’re unhappy with your refund or lack thereof, they can offer suggestions to avoid a repeat.

“We want to make them aware of what the new landscape is and how to deal with it,” Patrick says. “Retail companies train employees how to use the software, they don’t train them on tax law. We’re not just a tax return mill, we want long-term relationships with our clients.”

More Than Just Tax Returns

Murtha & Murtha can and does handle much more than just tax returns.
Tom, who earned his B.S. degree in Management from Long Island University in Brooklyn, NY, in 1976, and his M.B.A. (Master of Business Administration) degree in Accounting from St. John’s University in Queens, NY, in 1981, has been doing mergers, acquisitions and business valuations since the 1990s.

Along with various accounting services, business valuations are another perk of being a Murtha & Murtha client. A good and accurate estimate of the worth of someone’s business is as important to a business owner as the appraisal of one’s home. Tom specializes in this field, “and not just the back of an envelope type of thing.”

In the long run, he adds, everyone wants (or has) to sell his or her business one day.

Murtha & Murtha also offers a “CFO Retainer Package,”which is designed to help businesses and those who are self-employed whose company may need a Chief Financial Officer but don’t have the budget to hire a full-time manager or accountant for that job.

For a fraction of the cost of a full-time CFO, the Murthas operate in an advisory position and can handle everything from accounting and book bookkeeping, setting up payroll and ensuring that all the income and expenses are classified correctly.

They also will put together a budget, which Patrick says hardly any other companies do but is needed, as it provides a “compass” to let you know if your business is headed in the right direction.

And of course, they will take care of all the tax preparation and planning.

If you follow Murtha & Murtha on Facebook, you also can find advice in the form of short videos that will help answer a number of common tax questions, from simple ones to those that are more complex.

“We offer the complete package,” Tom says. “When you are with us, you really do get a lot.”

Murtha & Murtha, LLC, is located at 2236 Ashley Oaks Cir., Suite 101, in Wesley Chapel. For more info, visit TampaTaxFirm.com or to schedule a free consultation, call (813) 991-1120. Henson & Murtha, CPAs is located at 5315 8th Ave. in Zephyrhills. For more information, call (813) 782-0580.

John Wood, C.P.A., Offers Trusted Tax Preparation & Accounting Services

Whether it’s tax preparation, IRS audits and other tax resolutions or small business accounting services, John S. Wood, C.P.A., P.A., in Tampa Palms, is here to help you.

Whether you’re a small or emerging business, an individual or a pass-through entity like an S-Corporation or Limited Liability Corporation (LLC), John S. Wood, C.P.A., P.A. can help you navigate the ever-changing tax codes and if necessary, negotiate with the Internal Revenue Service (IRS) on your behalf.

“Tax laws change every year and the code can be complex, especially if you have multiple investments,” Wood says. “In the case of negotiating a tax debt, I can speak directly with the IRS on behalf of a client and can help get the problem resolved, so they can move on with their lives.”

He also says that the IRS can put liens on property and levy bank accounts.

“The IRS has access to every database known to man,” Wood says. “Once they start actions, they don’t go away. But, once a client comes to me, they don’t have to deal with the IRS anymore.”

Wood’s firm offers “rescue” services for taxpayers who owe back taxes. The firm offers guidance, representation and can help the client get into an installment agreement that will sometimes get the IRS to accept less than the original tax bill.

“As small business owners, we do so much by ourselves. One place we don’t want to mess around with is taxes and the IRS,” says Brandon Diehl of STRATIX Marketing. “It was beyond easy to work with John, he double checks everything and as a business owner, he’s invaluable to me. Even if you keep your own books, it’s good to have a C.P.A. you can call.”

Looking Back…& Forward, Too

Wood, whose office is located in the Palm Lake Office Building off Amberly Dr. in Tampa Palms, remembers a time when life in the area was a bit more simple. He moved to the New Tampa area in 1987 and graduated from the University of South Florida with a Bachelor of Science (B.S.) degree in Accounting in 1997.

“When I moved to the area, there was barely anything between Skipper Road and S.R. 54,” Wood says. “The area has developed a lot. There’s more diversity, which is a positive aspect, and the impact of technology on our lives has changed the way we do business.”

When Wood started in the business more than 21 years ago, he says that much of the client interaction was face-to-face. Clients would bring in the proverbial, “shoebox” of receipts and sit down across a desk from Wood. It’s not to say those types of interactions don’t exist anymore, but they are certainly much rarer today.

“It’s transitioning to a virtual practice these days,” Wood says. “Accounting trends like cloud-based software as well as new programs and applications make it so that I actually see less and less of clients. The old days when I’d get people’s bank statements in the mail are gone.”

New Tech, Old Time Service

Wood also says that new technologies are helping to streamline the process for both tax preparation and accounting services.

Quickbooks has been around since the early 2000s but can now be integrated into online platforms that a C.P.A. like Wood can share in real time with a client. Wood says he also started using an application called Hubdoc this past year. Hubdoc can automatically pull your bills and bank statements into one secure hub. Wood can then access the hub and get all pertinent financial information that he needs to provide service to a client.

“A lot of the manual processes of accounting and bookkeeping have been eliminated by this technology,” Wood says.

Hubdoc, coupled with the LogMeIn application, streamlines the process even further. LogMeIn allows C.P.A.s like Wood to remotely access his own or his client’s computer. Wood has been able to utilize the technology for the last five years.

“The screens pop up on my computer just like they were on my client’s,” Wood says. “We’ll actually take turns using the mouse; the technology is amazing.”

The remote access can save clients a significant amount of time and help them negotiate financial programs like Quickbooks or even the IRS website.

With 90 to 95 percent of Wood’s business coming in via digital or electronic submissions, it slashes preparation time and can give hands-on assistance to a client without even being in the same room.

Do You Still Need A CPA?

There are several other reasons why a client would want to use a C.P.A. and not try to file their taxes themselves. The biggest one? Money.

“I’ve had clients where I’ve amended previous tax returns for them and gotten them a bigger refund,” Wood says. “Part of bringing a new client on board is that I’ll review their previous year’s tax return.”

He also says that he often finds credits and deductions on clients’ previous tax returns that they missed when they filed themselves.

“Credits are a dollar-for-dollar reduction of what you owe, while deductions lower your taxable income,” Wood said. “The layperson is not aware of many of these.”

Did you send a child to college last year? There’s an education credit you can use. Even if you run a small business, Woods’ services could help make it run more efficiently.

“Businesses need much more than an individual,” Wood said. “You’ll need a profit/loss statement and something to keep track of it. You’ll need to put it in a format that’s properly classified to fit it on your tax return.”

Wood also provides value to your business by managing assets, measuring, processing and combining financial information. Making a profit is essential to any business. At John S. Wood C.P.A., P.A., customers get what they need to measure their financial results so that they can take appropriate action to maximize their businesses’ profits.

“John’s services have been an absolute asset to my company,” says Loren Staker of West Coast Water Tech. “He’s done wonders, he’s kept me up to date on changes in the tax law…I could go on and on. He’s a friend and business associate and I would recommend him to anyone. As long as I’m in business, he’s my accountant.”

Wood offers free consultations and brings back a bit of the interaction lost in technology.

Now is the busy time of year, he says, estimating that 65 percent of his business comes in between January and the end of April. Beyond that, his services extend year-round for individuals who have filed extensions or businesses that have quarterly payroll and sales tax reports.

Wood says he likes to rely on word-of-mouth advertising, although he admits that he has been an avid Neighborhood News reader himself since the beginning.

“Most of our new business comes from referrals,” he says.

Whether it’s tax preparation, tax resolution or small business accounting services, John S. Wood C.P.A., P.A. is here for you. His office is located at 15310 Amberly Dr, in Tampa Palms, and he can be reached at (813) 514-2920 or you can visit JWoodCPA.com .