Florida just made history. On June 30, 2025, House Bill 7031 became law, erasing the long‑standing sales tax on commercial property rentals starting October 1, 2025. Until now, Florida was the only state that charged businesses a tax on rent. When that cost disappears, it creates new breathing room for owners and tenants alike. Below we explain what changes, when […]

There’s just something about summer. The days are longer, the kids are home, and suddenly it feels like money is flying out of your wallet faster than you can say “ice cream truck.” If you’re planning a big family trip or just trying to enjoy the season without breaking the bank, smart summer spending is […]

Pride Month is a vibrant celebration of love, identity, and progress; but, let’s be real. LGBTQIA+ folks need more than 30 days of support. At Watson & Associates, we’re in this for the long haul. We show up all year with personalized financial services that actually make sense for real people living real lives. Let’s […]

Finances are personal. They touch every part of our lives, from where we live to how we plan for the future. So why shouldn’t your financial advisor understand your values, your life, and the things that matter most to you? That’s where inclusive accounting comes in. At its core, it’s about creating a space where […]

Summer is here, and so is the call of sandy beaches, road trips, and family getaways. But before you pack your bags and load the cooler, let’s talk about something that often gets left behind in the vacation excitement: your budget. As an accounting firm that works with individuals, families, and small business owners across […]

What Are Estimated Payments, Really? If you’re self-employed, own a small business, or don’t have taxes automatically taken out of your income, estimated tax payments are how you prepay the IRS throughout the year. Think of them like quarterly check-ins with your tax bill, instead of one big surprise in April. You may need to […]

The April 15 tax deadline is looming [insert ghoul-like sounds here]. Many, including yourself, may find  themselves in a familiar predicament: to file or to extend? It’s akin to deciding whether to cram for an exam or request extra study time. While the allure of additional months to file your taxes might seem tempting, it’s […]

Tax season is winding down, but that doesn’t mean we can let our guard down. Scammers are always on the prowl, especially during this time of year, looking to dupe unsuspecting taxpayers. To help you stay vigilant, the IRS releases an annual “Dirty Dozen” list, highlighting the top tax scams to watch out for. Let’s […]

Tax season is not just about April 15. For business owners, tax deadlines occur year-round—especially when it comes to estimated tax payments. Unlike employees who have taxes withheld from their paychecks, self-employed individuals and small business owners must pay taxes directly to the IRS in four installments throughout the year. Missing a payment or miscalculating […]

Online scams to steal your identity are now at an all-time high. News stories about data breaches seemingly come out weekly. Protecting yourself, your money, and your credit is more important than ever. Fortunately, there are tools available to help keep you safe. We wanted to take a few moments and highlight some of the […]