Gina-Maria Magel CPA PLLC

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Gina-Maria Magel CPA PLLC CPA and tax strategist specializing in businesses, entrepreneurs and real estate investors. I want to be your Team's Tax Pro!

Gina-Maria Magel, the principal of Gina-Maria Magel CPA PLLC, is an accounting professional with 25 years experience working with individuals and businesses in various fields: photography, medical, dental and chiropractic, retail sales and service, not-for-profits, real estate sales, development and property management, long-term healthcare, and education. What all of these different types of businesses have in common is the need for accurate bookkeeping, quality accounting information and regular access to a CPA tax strategist to help them analyze their business operations in order to grow and to plan for the inevitability of taxes. Gina-Maria Magel CPA, PLLC is committed to providing timely, accurate and meaningful financial services and information to our clients. As such, we remain dedicated to the highest professional and ethical standards in all of our dealings. Our professional culture is that diligence, honesty and common sense guide all of our activities; to safeguard the integrity of confidential information entrusted to us and that our clients will always be treated with courtesy, respect, and understanding. Our knowledge base is continually researched and updated allowing us to remain at the leading edge of tax law and financial information. This enables Gina-Maria Magel CPA PLLC to constantly improve the quality of our work as we strive to be viewed as valued member of your financial team contributing to your success and not simply another accounting firm.

Buyer beware! If you acquire a business with delinquent tax obligations, you could become liable for those debts. Your e...
10/19/2026

Buyer beware! If you acquire a business with delinquent tax obligations, you could become liable for those debts. Your exposure primarily depends on how the deal is structured. In an asset purchase, buyers can generally avoid liabilities associated with the business, but certain state laws may allow creditors or tax authorities to pursue transferred assets. When buying ownership interests, liabilities typically remain with the business entity. Due diligence should include reviewing several years of tax returns for unpaid income, payroll, sales and property taxes, uncertain tax positions, and undisclosed liabilities. Call us at (480) 529-5001 for help identifying potential risks before closing.

Employers: The IRS recently updated its FAQs on the qualified overtime pay tax deduction for employees created in 2025. ...
10/16/2026

Employers: The IRS recently updated its FAQs on the qualified overtime pay tax deduction for employees created in 2025. The guidance provides new details on how you must identify, calculate and report qualified overtime income. For example, it clarifies that only FLSA-mandated overtime premiums qualify, notifies employers that separate reporting on Forms W-2 is required beginning in 2026, and confirms that overtime pay remains subject to federal income tax withholding. These changes may call for payroll system updates and a closer review of employee classifications and overtime practices. Call us for help preparing for the new requirements.

How much should you budget for retirement expenses? One common guideline says 60% to 70% of your current income. Some ex...
10/14/2026

How much should you budget for retirement expenses? One common guideline says 60% to 70% of your current income. Some expenses might decrease or disappear (commuting costs, mortgage payments), while others are likely to increase (health care, property taxes). Specificity, not to mention incorporating inflation into your calculation, is important. We can help — call us at (480) 529-5001.

If you ever wonder how your business’s financial results stack up against others in your industry, consider a benchmarki...
10/13/2026

If you ever wonder how your business’s financial results stack up against others in your industry, consider a benchmarking study. It can show you exactly where you stand. Contact us at (480) 529-5001 to get started. We’ll help you compare key financial metrics, highlight what you’re doing well and uncover areas that need attention. From there, we’ll help build a strategy to strengthen your financial footing and minimize risks in an ever-changing market. Let’s turn your financial statements into action plans!

If your business offers employees a 401(k) plan, be sure to comply with all applicable regulations. Misunderstanding or ...
10/12/2026

If your business offers employees a 401(k) plan, be sure to comply with all applicable regulations. Misunderstanding or inadvertently ignoring eligibility rules — for example, when workers must be allowed to start participating — can result in IRS penalties. It can also harm employees who are mistakenly excluded. Contact us at (480) 529-5001 with questions.

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing rec...
10/09/2026

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital Asset Compliance Portal.” The letters instruct recipients to scan a QR code that leads to a fraudulent website designed to look like IRS.gov. The site may ask for personal information, cryptocurrency wallet details, or exchange account credentials that criminals can use to steal identities or digital assets. If you receive one of these letters, don’t respond. Report any suspicious communication to the IRS immediately. If you have questions about an IRS notice or digital asset reporting, we’re here to help. Contact us at (480) 529-5001.

Reconstructing business mileage records months after the fact can be frustrating — and unreliable. If you or your employ...
10/07/2026

Reconstructing business mileage records months after the fact can be frustrating — and unreliable. If you or your employees use personal vehicles for business, establish a system for logging trips as they occur. QuickBooks users can take advantage of mobile tools that automatically track trips and classify business vs. personal mileage. Other mileage apps or a well-maintained manual log can also work. As year end approaches, make sure your records include key details, such as mileage and business purpose. Timely, accurate documentation is essential for bookkeeping, employee reimbursements and tax reporting. Call us at (480) 529-5001 for help improving your mileage tracking process.

Navigating tax law isn’t easy. But you don’t have to go it alone. Whether you’re an individual taxpayer or running a bus...
10/06/2026

Navigating tax law isn’t easy. But you don’t have to go it alone. Whether you’re an individual taxpayer or running a business, we can help you find your way through the forest of tax complexities. Call us at (480) 529-5001 to get started.

The IRS requires businesses to issue 1099s for certain payments to independent contractors and other vendors. For 2026, ...
10/05/2026

The IRS requires businesses to issue 1099s for certain payments to independent contractors and other vendors. For 2026, the reporting threshold for many payments has increased from $600 to $2,000. As a result, some businesses may need to issue fewer 1099s than in previous years. This change generally applies to nonemployee compensation reported on Form 1099-NEC and rents and certain other payments reported on Form 1099-MISC. The new $2,000 threshold also applies for backup-withholding purposes. As year end approaches, contact us at (480) 529-5001 for guidance on your 1099 reporting requirements and the information you need from recipients.

If you’re sending money abroad, beware of a possible 1% excise tax. This new tax generally applies to transfers of cash,...
10/02/2026

If you’re sending money abroad, beware of a possible 1% excise tax. This new tax generally applies to transfers of cash, money orders or cashier’s checks from U.S. senders to foreign recipients via certain remittance transfer providers such as Western Union and MoneyGram. But transfers made via credit or debit card, bank account transfer, or digital wallet aren’t subject to the excise tax. Essentially, the tax doesn’t apply to transfers from accounts in financial institutions subject to Bank Secrecy Act requirements or to credit or debit cards issued in the U.S. So to avoid the extra expense, consider using a card or ACH transfer from your own bank account. Contact us at (480) 529-5001 to learn more.

Address

1959 S Power Road Suite 103/314
Mesa, AZ
85206

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

(480) 529-5001

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