We keep you updated with the latest news from Martin Hood and helpful information whenever there is a change to employment or tax laws.
January 25, 2024
During the height of the COVID-19 pandemic, the Employee Retention Credit (ERC) was offered to businesses to provide much-needed relief to both…
December 11, 2023
Take action now to reduce your 2023 income tax bill A number of factors are making 2023 a confounding tax planning year for…
November 3, 2023
The Corporate Transparency Act (CTA) is a new law that requires some companies in the United States to report information about their…
September 15, 2023
The Internal Revenue Service (IRS) has ordered an immediate stop to the processing of new claims for the Employee Retention Credit (ERC)…
June 11, 2023
June 9, 2023
President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy…
May 18, 2023
Recent reports have raised anew concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has…
February 2, 2023
To help you make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments…
January 19, 2023
To address the growing retirement savings gap that will occur for many residents in the future, the Illinois Secure Choice Program was…
January 13, 2023
Year-end spending package tackles retirement planning, conservation easements On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling…
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