Article Archives - Page 5 of 57

Christmas Themed Photo Of A Women Looking At Her Phone With The PayPal App Opening.

Key IRS Update: New 1099-K Thresholds Set Through 2026

Dec 16, 2024
Best practices for small businesses, Tax

Significant changes to the IRS's 1099-K reporting thresholds are on the horizon, affecting anyone who uses payment apps or online marketplaces. Starting in 2024, more of your transactions could be reported to the IRS, potentially impacting your tax obligations. Find out what these updates mean for you and how to navigate the new requirements.

Corporate Transparency Act under scrutiny: key developments and implications

Dec 16, 2024
Tax

The Corporate Transparency Act (CTA) is facing significant legal challenges, leading to a temporary halt in its enforcement. This development has created uncertainty for businesses that are required to disclose beneficial ownership information. Learn about the court ruling and how to navigate the evolving situation.

An Image Of A Person Putting Money Into A Piggy Bank To Save Money.

End-of-year tax strategies for individuals

Dec 3, 2024
Tax

As the year-end approaches, it's time to for strategic tax planning. From assessing your current tax situation and understanding deductions to maximizing retirement contributions and managing investment gains, this guide offers valuable insights to help minimize your tax burden.

2025 Dollar Limits Have Been Announced

Nov 22, 2024
Payroll

Each year, dollar limits for various employee benefit and tax-related items are updated based on the rate of inflation. Here’s an overview of key items updated for 2025 announced by the IRS within the last couple of weeks: The 401(k)…

A Male On The Phone While Looking At Papers With His Laptop Open.

Smart year-end tax moves for businesses

Nov 20, 2024
Tax

As year-end approaches, small business owners face crucial tax planning decisions that can impact their financial health. From leveraging deductions and managing cash flow to understanding the intricacies of the QBI deduction, this article offers strategic insights to optimize your tax position before ringing in the new year.

Introducing Desiree LaForge as Mize CPAs’ New HR Director

Nov 18, 2024
Firm News

We are excited to welcome Desiree LaForge as the new Human Resources Director at Mize CPAs! With an impressive professional background and a passion for employee engagement and community involvement, she brings a wealth of experience and enthusiasm to our…

An Image Of Money With An Overlaying Text Saying Inflation

IRS releases inflation adjustments for 2025

Nov 15, 2024
Tax

The IRS has announced significant inflation adjustments for the 2025 tax year, impacting standard deductions, income tax brackets, and various tax credits. These changes offer potential tax savings for individuals and businesses, making proactive tax planning more important than ever. Discover how the updates could affect your tax strategy and financial future.

Forms Of Premium Tax Credit With $100 Bills And A Pen.

Premium Tax Credit: your top questions answered

Nov 11, 2024
Tax

Navigating the complexities of the Premium Tax Credit (PTC) can be challenging. This article answers your most pressing questions about eligibility, calculations, and how to make the most of this refundable tax credit. Discover how PTC can make your health insurance more affordable.

A Male Scared Of Hologram Ghosts Surrounding Him In A Room.

Keep Your Finances from Becoming a Nightmare

Oct 21, 2024
Payroll, Tax

While goblins, ghosts, and ghouls can be fun, haunting financial practices are anything but! Here are some best practices to keep your accounting from becoming a horror story. Avoid the Ghosts of Transactions Past: Reconcile Regularly Much like how ghosts…

A Person On Their Mobile Phone Looking At Payroll App.

Don’t Let Payroll Haunt You

Oct 7, 2024
Payroll

As the holiday season ramps up, businesses face payroll challenges due to increased demand and hiring. To avoid issues, stay organized, understand payroll regulations, automate your process, and double-check for errors. Mize's Payroll Services can handle these tasks for you, ensuring accuracy and compliance so you can focus on running your business smoothly. Don't let payroll stress haunt you!