Tax Update: June 2026

Our website just got a major upgrade

We've completely rebuilt spargurtax.com to make working with us easier — faster, mobile-friendly, and packed with tools you can actually use. Here's what's new:

• Instant fee estimator. Answer a few quick questions and get a ballpark price for your return before you ever call — no surprises.
• Plain-English business-structure guide. A clear walkthrough of LLC vs. S-corp vs. C-corp — liability, taxes, the S-corp election, and when it actually saves you money — with a downloadable PDF.
• Tax Updates archive. Every one of these monthly newsletters, going back to 2022, in one place to search and revisit.
• Pay your invoice online. Settle your bill securely by card or bank in a couple of clicks.
• Book appointments online. Grab a consultation time that works for you, day or night, without phone tag.
• Client portal & resources. Secure document upload, key IRS payment links, and deadline references, all a click away.

Take a look around when you get a minute — and tell me what would make it even more useful to you. I built it for you.

Second-quarter estimated taxes are due June 15

If you're self-employed, run a business, draw 1099 income, or have investment or retirement income without withholding, your second-quarter 2026 estimated payment is due Monday, June 15. Missing it — or underpaying — can trigger an IRS underpayment penalty, even if you're due a refund at filing.

The simplest way to pay is IRS Direct Pay (opens in a new tab) straight from your bank account. Good news for Florida residents: there's no state estimated payment to worry about, since Florida has no personal income tax.

If your 2025 return showed that you’re required to make 2026 estimated payments, I’ll send you a separate reminder with your specific amounts and due dates — so you don’t have to work it out yourself.

Hurricane season has started — protect your records

Atlantic hurricane season runs June 1 through November 30, and down here that's not a hypothetical. Take twenty minutes now to protect what you'd need if a storm hit: keep digital copies of your tax returns and key documents somewhere off-site or in the cloud, secure the paper originals, and photograph or video your home, valuables, and business equipment.

Those photos matter. If a federally declared disaster causes damage, that documentation is what supports a casualty-loss deduction. When a disaster declaration is issued for our area, the IRS typically grants automatic extensions for filing and payment — and we'll let clients know if and when that happens.

Do a mid-year check-in

Half the year is behind you, which makes June the ideal time for a quick course-correction — while there's still time to act. Two things worth a look: a paycheck withholding checkup (especially if you owed or got a large refund last year), and any big changes since January — a new job, marriage, a home sale, a new side business, or a child.

A short mid-year review is one of the most valuable things we do, because it's the difference between adjusting course in June and reacting in April.

Summer day camp can be a tax credit

Sending the kids to day camp so you can work this summer? The cost of day camp for children under 13 may count toward the Child and Dependent Care Credit. (Overnight camp doesn't qualify, but day camp — including specialty camps like sports or art — generally does.)

Hang on to your receipts and the camp's name, address, and tax ID number — you'll need them at filing time.

Florida annual report — if you missed May 1

Florida LLC and corporation annual reports were due May 1. If yours slipped past, the state has already tacked on a $400 late penalty, and an unfiled report can eventually lead to your entity being administratively dissolved — which is a headache to reverse.

If you haven't filed yet, do it now at Sunbiz.org (opens in a new tab), or let us know and we'll handle it for you.

Business owners: catch up the books now

If your bookkeeping has drifted since spring, June is the time to catch it up — not December. Clean, current books let us do real mid-year planning (estimated taxes, owner pay, equipment purchases) instead of scrambling at year-end. If you'd like a hand getting current, that's exactly what we're here for.