If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it. If you qualify, you can make a deductible contribution to a traditional…
Taxpayers can get real-time tips from the IRS on the newly launched Identity Theft Central webpage. Designed to provide 24/7 information about identity theft, taxpayers can find specific information including: Taxpayer Guide to Identity Theft, including what to do if…
And you thought Valentine’s Day is the only event happening in February! Learn how to protect yourself from tax identity theft during Tax Identity Theft Awareness Week (February 3-7). You’ll also find helpful resources from the Federal Trade Commission (FTC)…
Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax law changes that went into effect a couple of years ago and the many rules that…
The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you typically don’t file until much closer to the April 15 deadline (or you file for an extension), consider filing as…
If you save for retirement with an IRA or other plans, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which was signed into law on December 20,…
Mize Houser & Company P.A. announces a name change to Mize CPAs Inc. along with a new logo and website (www.mizecpas.com). “The firm’s new name and brand are a refresh for a 60+ year old firm serving clients not only…
Mize CPAs Inc. announces the promotions of Rachel Koger, CPA, Diane Junge, CPA, and Eric Merkey, CPA, to Shareholder. Rachel Koger and Eric Merkey serve clients through the firm’s Mize Restaurant Group, providing accounting, tax, payroll, and consulting services to…
The US District Court, Eastern District of New York has preliminarily approved a proposed settlement of up to $6.24 billion and not less than $5.54 billion in a class-action lawsuit. The lawsuit claims that merchants paid excessive fees to accept…
There are several ways to save for your child’s or grandchild’s education, including with a Coverdell Education Savings Account (ESA). Although for federal tax purposes there’s no upfront deduction for contributions made to an ESA, the earnings on the contributions…