2018 Year-End Tax Planning

We keep you updated with the latest news from Martin Hood and helpful information whenever there is a change to employment or tax laws.

2018 Year-End Tax Planning

December 14, 2018

2018 Year-End Tax Planning

Did you know that some fringe benefits provided to employees must be included on W-2s as taxable wages? Items such as the…

New Hires Announcement

December 6, 2018

New Hires Announcement

Martin Hood is extremely pleased to announce the hiring of two new staff members! From left to right: Anthony Deddo; Amy Pilcher…

IRS Increases Contribution Limits for Retirement Accounts

November 8, 2018

IRS Increases Contribution Limits for Retirement Accounts

The IRS has increased the contribution limits for various retirement accounts for 2019. The Internal Revenue Service says that the contribution limit…

New Lease Standards for Businesses

November 1, 2018

New Lease Standards for Businesses

A recent survey found that companies are still behind schedule in getting ready for the upcoming lease accounting standard. Only 43 percent…

Considerations Before Year-End with Recent Tax Law Changes

October 26, 2018

Considerations Before Year-End with Recent Tax Law Changes

On December 22, 2017, TCJA of 2017, arguably the most sweeping tax legislation since the Tax Reform Act of 1986, was signed…

Anthony Pendleton Named a 40 Under 40 Winner

October 3, 2018

Anthony Pendleton Named a 40 Under 40 Winner

Martin Hood is extremely proud to announce that Anthony Pendleton, a Senior Manager, has been named one of the 40 Under 40…

New Hires Announcement

October 1, 2018

New Hires Announcement

Martin Hood is very pleased to announce the hiring of six new staff members! From left to right: Aly Robinson; Mike Plecki;…

What You Need to Know About Implementing the Changes of ASC 606: Revenue Recognition

October 1, 2018

What You Need to Know About Implementing the Changes of ASC 606: Revenue Recognition

What is ASC 606: Revenue from Contracts with Customers? In an effort to standardize how companies and industries recognize revenue, the FASB’s…

New Reporting Standard for Not-for-Profit Entities

September 20, 2018

New Reporting Standard for Not-for-Profit Entities

A new standard has been released for not-for-profit entities on August 18, 2016 (ASU 2016-14, Not-for-Profit Entities (Topic 958). The changes are…

Form 5500 Extended Filing Deadline is Fast Approaching!

September 6, 2018

Form 5500 Extended Filing Deadline is Fast Approaching!

If your Company has a benefit plan that requires an annual audit, be aware that the extended filing deadline is October 15th.…