Partners

T. RAYMOND SUPLEE, CPA

Ray Suplee Chairman of the Board of Suplee & Shea, P.A., Mr. Suplee is a graduate of Villanova University. He has been a practicing Certified Public Accountant since 1974. Mr. Suplee concentrates on individual and business taxation.

Besides professional accounting groups, Ray is involved with many community service organizations, and has served on boards of:

Chairman Landmark Bank
The Rotary Club of Sarasota Foundation
Presidential and FOA Bank
Sarasota High School Foundation
Sarasota Memorial Hospital Century Foundation
Girl Scouts West Coast Council
Police Athletic League (PAL), to name a few.

In his spare time he enjoys tennis, golf, and scuba diving with his wife and five sons.

NORMAN J. SHEA, III, CPA

Norman Shea Mr. Shea a graduate "with distinction" of Emory University, is President and Managing Partner of Suplee & Shea, P.A. and has been a practicing Certified Public Accountant since 1978. He counsels clients in all areas of individual and corporate taxation, business planning, corporate strategies, financial objectives and management advisory services.

Norman, a third generation of the firm, is also deeply committed to professional and community organizations, including:

The Quality Review Committee of the Florida Institute of Certified Public Accountants
The Out-Of-Door Academy
Kiwanis Club of Sarasota South
Toastmaster's International
Girl Scouts West Coast Council
The Field Club

Norman enjoys golf, tennis, water sports, flying and outings with his wife and two daughters.

THOMAS R. CRAMER, CPA

Tom Cramer Vice President of Suplee & Shea, P.A., Mr. Cramer graduated from Florida State University and became a Certified Public Accountant in 1985. He concentrates on financial accounting and audits. He is responsible for supervising all compilations, reviews and audit engagements.

Tom is actively involved with the America Red Cross and various professional organizations. He and his wife, Joan Marie, long-time Sarasota residents, have one daughter and enjoy fishing and sports.

JOSEPH E. ROCKLEIN, III, CPA

Joe Rocklein Treasurer of Suplee & Shea, P.A., Mr. Rocklein is a Florida native, graduated from the University of South Florida and has been practicing CPA since 1989. Mr. Rocklein's concentration is in the area of taxation serving individual, corporate, partnership, estate and trust clients. His clients include athletes, construction, funeral homes, manufacturing, professional services, medical and legal professionals.

Joe is a member of the Tax Division of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. He is actively involved in little league, AAU, the Florida Heritage Festival and other professional, community and church organizations. Joe enjoys golf, skiing, boating, and fishing. He and his wife have four children.

Tax Tip

For Individuals:

MAXIMIZE EXEMPTIONS

If you support an elderly parent or other relative, you can claim an exemption for that family member if you provide more than 50% of his or her support, and that person’s gross income for the year (not including tax-free Social Security benefits, insurance proceeds, inheritances, or gifts) doesn’t exceed the personal exemption amount. Monitor the support you are providing near the end of the year if you believe you’ll be eligible for an exemption.

For Businesses:

GO GREEN AND SAVE

Make your commercial building more energy efficient. In 2007, businesses can make a special election to expense the costs of making such improvements to commercial buildings.The deduction is limited to $1.80 per square foot. Several requirements apply.