Turner Consulting & Accounting, LLC

04/24/2026

Trump Accounts for your children. I encourage everyone with children under 18 to sign up.

https://www.irs.gov/pub/irs-pdf/i4547.pdf

$1,000 pilot program contribution for children born 1/1/2025 through 12/31/2028. Also, saw the Dell Family (Dell computers) is going to gift $250 to up to 25 million children aged 10 or under depending on zip code and median income. Do not miss out!

$2,500 employer contribution to employee's Trump account or employee's dependent Trump account.

$5,000 annual limit of contributions to each account.

Easy to sign up for, click on link below to get started.
https://form.trumpaccounts.gov/

04/22/2026

2026 Annual Reports due May 1, 2026 before midnight! Do not forget to get filed, penalties up to $400, call my office if you need assistance, 352-795-1532.

The Division of Corporations uses a 3rd party, NIC Services, LLC dba Tyler Payment Services, to process our credit/debit card payments for Online filings. A confirmation payment receipt will be emailed from [email protected] for successful transactions. The biller on your statement will read “NIC...

04/16/2026

Office closed Thursday and Friday 4/16/26-4/17/26!

Going Fishing!!

See you Monday 4/20/26 9:00am!!!

12/29/2025

One Big Beautiful Bill Act
Fact #4 for 2025:
For Schedule A Itemized Deductions:
-State and Local Tax Deduction (SALT) increased to $40,000
-Married Filing Separate increased to $20,000

Phase-out does apply if MAGI (Modified Adjusted Gross Income) exceeds certain thresholds:
-$500,000 for MFJ, Single, and Head of Household.
-For Married Filing Separate filers, the deduction phase-out is 50% of the annual threshold.

This deduction annually indexes for inflation through 2029.

This deduction is temporary, reverts back to $10,000 in 2030.

12/24/2025

Merry Christmas!

Office will be closed starting Wednesday 12/24 and will reopen Monday 12/29!

12/18/2025

One Big Beautiful Bill Act
Fact #3 for 2025:
Child Tax Credit increased to $2,200 per qualifying child

Qualifying Child:
-Under 17 years old on 12/31/25.
-Be a US citizen, national, or resident alien.
-Have valid social security number before the tax return's due date.

Limitations do apply if MAGI (Modified Adjusted Gross Income) exceeds certain thresholds:
-$200,000 for Single, Head of Household, and Other Non-Joint Filers.
-$400,000 for MFJ.
-For every $1,000 (or part thereof) over these amounts your credit decreases $50.

This credit annually indexes for inflation starting in 2026.

12/17/2025

One Big Beautiful Bill Act
Fact #2 for 2025:
$6,000 deduction for 65+ taxpayers, joint returns up to $12,000 deduction

Phase-outs do apply if MAGI (Modified Adjusted Gross Income) exceeds certain thresholds:
Single begins at $75,000 and fully phased out at $175,000
MFJ begins at $150,000 and fully phased out at $250,000

If you file Married Filing Separately neither are eligible for the deduction.

$6,000 deduction is only temporary, good for 2025, 2026, 2027, and 2028 tax years.

12/12/2025

One Big Beautiful Bill Act

Fact #1 for 2025:
Standard Deduction Extended and Increased

Single and Married Filing Separately = $15,750
Head of Household = $23,625
Married Filing Jointly = $31,500

For years after 2025, the Standard Deduction will be annually adjusted for inflation.

11/05/2025

Job Posting: Accountant / Tax Preparer / Administrative Assistant

11941 Bostick St, Suite A, Dunnellon, FL 34432
Full-Time and/or Part-Time
Position Open Immediately

About Us:
Turner Consulting & Accounting, LLC is a small accounting firm and tax preparation service dedicated to providing accurate, efficient, and personalized financial services. Looking for a detail-oriented and motivated professional to join our team.

Position Summary:
This role is ideal for someone who enjoys working with numbers, has strong organizational skills, and can handle a variety of accounting, tax, and administrative tasks. The position involves maintaining financial records, preparing tax returns, assisting clients, and supporting daily office operations.

Responsibilities:
Accounting & Bookkeeping:
Maintain, categorize, record transactions, reconcile bank accounts and credit card statements through Quickbooks Online or Excel.

Tax Preparation:
Prepare individual income tax returns (federal and state).
Review client documentation for completeness and accuracy.
Stay up to date on tax laws and regulations.

Administrative Support:
Answer phones and respond to client inquiries.
Schedule appointments and manage calendars.
File, scan, and organize client documents.
Assist with billing, invoicing, and client onboarding.

Compensation based on experience.

Email resume to [email protected]

10/01/2025

REMINDER: Minimum wage Increased 9/30/2025. $14/hour and $10.98/hour for tipped employees

Florida's hospitality industry is facing the challenge of multiple proposals for $15/hour minimum wage. FRLA opposes such a drastic increase.