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Florida's Hunting, Fishing, and Camping sales tax holiday will begin on September 8th and run through December 31st, 2025.

During this period, no sales tax or local county tax will be collected on the retail sale of certain items related to hunting, fishing and camping.

Eligible supplies include camping lanterns, flashlights, camping stoves, portable hammocks, collapsible camping chairs, sleeping bags, tents, fishing tackle, bait, tackle bags and boxes, reels, rods, qualifying ammunition, bows, crossbows and accessories for them, fi****ms including pistols, rifles and shotguns and accessories for them such as cleaning kits, holsters, grips, sights or optics and stocks.

ONE BIG BEAUTIFUL BILL: STANDARD DEDUCTION
The standard deduction allows many taxpayers to reduce their taxable income by an amount the IRS sets, based on their filing status. These deductions have increased from last year.

You've heard about the "No Tax on Social Security" -- well, not 100% true, instead, they did a roundabout to help reduce taxes in general for senior citizens. -- The NEW Senior Standard Deduction that gets ADDED on to the regular standard deduction AND the additional deduction.

This new deduction means that an individual filer in 2025 that is over age 65 and not blind who qualifies could deduct a total of $23,750 from all 3 tax deductions, and joint filers who also qualify for all 3 deductions could be eligible to deduct a total of $46,700.

We are breaking down the tax side of things with the One Big Beautiful Bill Act in terms you can understand. Follow us to make sure you don't miss out on the other important tax topics of this Bill!
Part 1 - Income Tax Rates
The tax rates were scheduled to increase up to 39.6% however, with the OBBBA, we are keeping the prior tax rates and increasing the income levels to help lower our tax liability.
What is a TAX RATE?
Your tax rate depends on your taxable income. Taxable income is calculated AFTER your deductions. For an example, If your total income is $80,000 in 2025 and you file Single, you would subtract $80,000 from your Standard Deduction of $15,750 = $64,250 is your Taxable Income. Based on the tax table, your tax rate is 22% because you are in-between the $48,475 and $103,350. Now, this does not mean you are taxed 22% on the full $64,250! The tax rate is marginal so a portion of it is taxed at each level [10%, 12% and 22%]
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