Finding the Balance Between Saving for Retirement and College
Many parents struggle to find the balance between setting aside money for their own retirement accounts or to help fund a child’s college education. Here are some things to consider:…
Protect Your Assets As You Protect Your Loved Ones
You've worked a lifetime to build your wealth and understandably want to pass much of it on to your loved ones. Estate plans are designed to help you do that in…
Take advantage of a “stepped-up basis” when you inherit assets
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Fair market value rules Under the fair market…
More COVID-19 Updates from the IRS
As you may have heard, the IRS has announced special federal income tax return filing and payment relief in response to the ongoing coronavirus (COVID-19) pandemic. For a taxpayer with…
Looking Back at the 2024 Mize Finance Meeting
The 2024 Mize Finance Meeting was truly an event to remember. We hosted McDonald’s owners from all over the country at the beautiful Arizona Biltmore Resort. This was our 16th…
IRS Increases Form 1099-K Reporting Threshold for 2023
You probably fall into one of two categories: You don’t know or care about Form 1099-K reporting (even though it might apply to you); or You’ve been stressing about how…
Disabled family members may be able to benefit from ABLE accounts
If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which…
What are the Rules for Employee Business Travel?
Business travel has substantially decreased over the past couple of years due to the pandemic, but from time to time, employees still need to travel for work-related reasons. Maybe it’s…
Stay Vigilant to Protect Yourself From Identity Theft this Holiday Season
With the 2022 tax season rapidly approaching and the holidays in full swing, the Internal Revenue Service encourages taxpayers to be vigilant in protecting sensitive financial information from identity thieves.…
2021 Payroll Compliance Update
PDF DOWNLOADS: 2021 Payroll Year-End Checklist and 2022 Employee Benefit Plan Limits Summary As we all know payroll is a constantly evolving environment with new laws and regulations passed every…