Duggan Joiner & Company CPA's

09/04/2026

🏈

We’re wrapping up Spirit Week at Duggan, Joiner & Company.

With college football officially back, our staff had a little fun this week representing the teams we’ll be cheering for all season long. There may be a few friendly rivalries around the office, but fortunately, we’re all still on the same team when it counts!

Here’s to a great college football season!

Who are you cheering for this year?

08/20/2026

Hunting, Fishing, and Camping Season Sales Tax Holiday

Passed by the Florida Legislature and signed into law by Gov. Ron DeSantis, the sales tax holiday begins Tuesday, September 1 and extends through Thursday, December 31.

During the 2026 HFC Season Sales Tax Holiday, the qualifying hunting, fishing, and camping items exempt from sales tax can be found at the link below.

The sales tax holiday does not apply to the rental or repair of any of the qualifying items.

https://floridarevenue.com/HuntFishCamp/Documents/2026/2026%20Hunting%20Fishing%20and%20Camping%20Sales%20Tax%20Holiday%20-%20External%20FAQs%20-%20Consumers.pdf

08/10/2026

New Savings Program for Eligible Children

A new federal savings program, known as Trump Accounts, is now available for eligible children born between January 1, 2025, and December 31, 2028.

The program provides a one-time $1,000 government contribution into a tax-advantaged investment account for qualifying children. Family members, employers, and certain organizations may also make additional contributions, subject to annual contribution limits.

These accounts are intended to encourage long-term savings and can be invested with the goal of helping children build financial security as they grow.

If your family welcomed a child during the eligibility period, it may be worthwhile to review the program's requirements and determine whether your child qualifies.

Learn more by visiting: https://trumpaccounts.gov/

As always, if you have questions about how this program may fit into your family's financial plan, our team is happy to help.

Trump Accounts provide eligible American children with tax-advantaged investment accounts courtesy of President Donald J. Trump.

08/06/2026

Did You Finance a New Vehicle? You May Qualify for a Tax Deduction.

One of the tax law changes enacted last year may allow eligible taxpayers to deduct the interest paid on a qualifying new vehicle loan.

If you recently financed the purchase of a new vehicle, you could be eligible to claim this deduction on your tax return. Eligibility is subject to certain requirements, including income limitations and vehicle qualifications.

Learn more about the deduction on the IRS website:
https://www.irs.gov/newsroom/working-families-tax-cuts-individuals-and-workers

If you're unsure whether you qualify, we're here to help.

Contact our office at 352-732-0171 to discuss your situation and determine whether you may be eligible for this new tax benefit.

Working Families Tax Cuts impacting individuals and workers.

08/03/2026

Florida's Back-to-School Sales Tax Holiday Is Underway

Florida's annual Back-to-School Sales Tax Holiday runs July 20 through August 20, 2026, giving shoppers the opportunity to save on many back-to-school essentials.

Not all items qualify, and certain exclusions apply, so it's a good idea to review the full list before you shop.

For complete details and a list of qualifying items, visit the Florida Department of Revenue:

07/30/2026

IRS Update: Penalty Relief Just Got Easier

The IRS has announced a new process that will automatically provide first-time penalty relief to eligible taxpayers, eliminating the need for many individuals and businesses to submit a separate request.

If you have a strong history of filing and paying your taxes on time, this change could make receiving penalty relief much simpler should you ever need it.

While not everyone will qualify, it's a welcome step toward reducing paperwork and streamlining the process for eligible taxpayers.

Read the full IRS announcement here:
https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers

Questions about how this may affect you or your business? Our team is always here to help.

IR-2026-83, July 8, 2026 — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance.

04/15/2026

The staff at DJCo would like to thank you for a successful tax season.

Our office will be closed on Thursday, April 16th and Friday, April 17th as our team takes a well-deserved long weekend.

We will resume our non-tax season business hours on Monday April 20th.