Churchill, Rossi & Co

08/31/2026

September 15 will be here before you know it.

This deadline may apply to:

• Individuals making third-quarter estimated tax payments
• Corporations making their third estimated tax payment
• Calendar-year partnerships that requested an extension
• Calendar-year S corporations that requested an extension

August is the time to gather your records, review your numbers and avoid a last-minute scramble.

08/28/2026

Let’s be honest: What part of bookkeeping do you put off the longest?

A. Organizing receipts
B. Reconciling bank accounts
C. Sending invoices
D. Categorizing expenses
E. All of the above

Tell us your answer in the comments. There is no judgment here!

08/25/2026

We are more than halfway through the year. Is your bookkeeping keeping up?

Now is a good time to:

• Reconcile your bank and credit-card accounts
• Review outstanding invoices
• Organize receipts and supporting documents
• Correct uncategorized transactions
• Compare income and expenses with your budget
• Review your estimated tax payments

A little cleanup now can make year-end planning much easier.

08/20/2026

Today is the final day of Florida’s 2026 Back-to-School Sales Tax Holiday.

Still have school shopping to finish? Double-check the qualifying items and price limits before heading to the register.

Business owners should also make sure eligible sales are properly recorded as exempt sales on their sales-tax returns.

08/17/2026

Tax myth: Filing an extension gives you extra time to pay your taxes.

The truth? An extension generally gives you more time to file your return, but it does not extend the original deadline to pay what you owe.

Still working on an extended return? Do not wait until October to start gathering your documents.

08/12/2026

Florida business owners: Do not overlook your sales and use tax filing.

Returns and payments are generally due on the first day of the month and considered late after the 20th. Electronic payments must be initiated early enough to meet the state’s deadline.

Even when no tax is due, a return may still be required for the reporting period.

08/07/2026

08/05/2026

Florida’s Back-to-School Sales Tax Holiday is underway through August 20!

Qualifying purchases include:

• Clothing, footwear and certain bags priced at $100 or less per item
• School supplies priced at $50 or less per item
• Learning aids and puzzles priced at $30 or less
• Personal computers and certain accessories priced at $1,500 or less for personal use

Before you shop, remember that not every item qualifies and price limits apply.

07/30/2026

Keeping your books up to date throughout the year makes tax season easier and helps you make better business decisions.

Need help getting your books back on track? Churchill Rossi & Co. is here to help.

07/27/2026

Recent tax law changes may create new opportunities for businesses and entrepreneurs. Depending on your situation, these updates could help reduce taxes, simplify reporting, and increase available deductions.

Every business is different, and these provisions may not apply the same way to everyone. Understanding how the changes affect your business now can help you make smarter decisions before year-end.

Have questions about how these updates could impact your business? Churchill Rossi & Co. is here to help.