Watson & Mann, CPAs

06/25/2026

Here are the July 2026 Individual Due Dates

Stay on top of important July 2026 tax deadlines, including estimated tax planning and tip income reporting requirements for employees.

06/25/2026

When starting or restructuring a business, choosing the right legal structure is more than just a formation step — it’s a decision that can influence taxes, liability protection, and administrative responsibilities for years to come.

Your business structure determines how income is taxed, which tax returns must be filed, and how responsibility for business obligations is handled. Swipe for a brief overview of each structure and their tax implications.

Since businesses evolve and tax laws change, the structure that works well early on may not always remain the best fit as revenue grows, ownership changes, or long-term plans develop. If you’d like to review your current tax exposure, our team can help you evaluate your current tax situation and talk through when a change might make sense. Just give us a call, and we can find a time to connect.

06/24/2026

CEO confidence just experienced one of its sharpest declines on record. Here's why smart business owners focus less on predicting the economy and more on planning for what comes next.

CEO confidence recently saw one of its sharpest declines on record. Learn why successful business owners focus on planning, not predicting, what comes next.

06/22/2026

Need summer child care while school is out? Learn which child care expenses may qualify for valuable tax benefits for working parents.

06/21/2026

Happy Father's Day to all the fathers and father figures who show up with dedication, patience, and purpose.

The day is a chance to honor the dads and father figures who have taught us life lessons, made us laugh, and shown us what dedication looks like.

To those celebrating, being celebrated, or honoring the memory of someone who shaped your journey, we wish you a meaningful day filled with appreciation.

06/19/2026

AI tools are helping entrepreneurs launch and grow businesses faster with lower costs and fewer employees. Learn how small business owners are using AI to stay lean, competitive, and profitable.

AI helps entrepreneurs start and grow businesses with lower costs, fewer employees, and greater efficiency while staying competitive and profitable.

06/16/2026

We hope your summer is going well!

We wanted to check in briefly to let you know that if you have tax questions, want to review your financials, or have another need we can assist with, we are here to help.

Don’t hesitate to give us a call if you need anything.

06/15/2026

Surrendering, selling, or transferring a life insurance policy can lead to different tax implications. Watch this video for a brief overview.

06/14/2026

Every June 14th, we celebrate the Stars and Stripes on Flag Day. While we’re all familiar with the United States’ flag, we might not know all of the history behind this symbol.

To celebrate, we wanted to share a few fun facts about the history of the flag that might surprise you:

🔹 The current 50-star design was created by a 17-year-old. Robert G. Heft of Lancaster, Ohio, submitted the design as a high school project in 1958. It was chosen by President Eisenhower out of more than 3,000 submissions in 1960.

🔹 There have been 27 official versions of the flag. Twenty-five of those changes were solely to update the number of stars every time a new state joined the Union. The star additions were admitted on July 4th, and, together, they give us a rich visual history of the country's growth over time.

🔹 The colors for the flag have taken on their own meanings over the years. Charles Thomson, secretary of the Continental Congress in 1774, suggested that red represents hardiness and valor, white symbolizes purity and innocence, and blue stands for vigilance, perseverance, and justice.

🔹 Six American flags have been planted on the moon. Neil Armstrong and Edwin E. “Buzz” Aldrin were the first, but five additional Apollo missions have also left a flag on the lunar surface.

🔹 The current design is the longest-running version in history. No new states have been added since Hawaii joined the union in 1959, making this the most enduring flag design the country has ever had.

Wishing you a wonderful Flag Day filled with pride and appreciation for the history behind the flag we share.

06/09/2026

A temporary tax break allows eligible workers to deduct qualified tips from 2025 through 2028. Learn who qualifies and the reporting rules that apply.

Learn who qualifies for the new federal tip deduction, reporting requirements, income limits, and key rules for employees and self-employed workers.