Tax Strategies for Year-End

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

Tax Strategies for Year-End

December 14, 2016

Tax Strategies for Year-End

Given that lowering taxes is toward the top of President-Elect Trump's list, you might consider doing any of the following. Just remember,…

Farm Tax Updates

December 7, 2016

Farm Tax Updates

For those who own or manage farms: it's that time of year again to sit down with your tax preparer. Here's what's new…

Pension Contribution Limits Announced for 2017

November 30, 2016

Pension Contribution Limits Announced for 2017

From The Journal of Accountancy: The IRS announced on Thursday, October 27, 2016 that the limit on elective deferral for contributions to 401(k)…

Do You Need an Estate Plan?

November 17, 2016

Do You Need an Estate Plan?

Your estate consists of everything you own when you die: personal property, bank accounts, investments, retirement plans, your home, business interests, and…

Illinois Secure Choice Savings Program Act

November 11, 2016

Illinois Secure Choice Savings Program Act

To improve the retirement savings of Illinois workers, the Illinois State Treasurer’s Office has created the Illinois Secure Choice Savings Program Act…

Corporate Filing Deadline Update for 2017 Tax Filing Season

November 2, 2016

Corporate Filing Deadline Update for 2017 Tax Filing Season

Are you an investor in a partnership or a corporation? The federal due dates for these types of tax returns are changing,…

David Hood Named a 2016 Whitney M. Young, Jr. Service Award Recipient

October 25, 2016

David Hood Named a 2016 Whitney M. Young, Jr. Service Award Recipient

On Thursday, October 20, 2016, our firm's Managing Partner, Dave Hood, was one of several honored awardees at the annual recognition dinner…

Three Myths About Accountants: Debunked!

October 21, 2016

Three Myths About Accountants: Debunked!

Two weekends ago, a new movie came out called “The Accountant." Who knew an accountant’s life could be exciting enough to be…

New Department of Labor Rules Revise Overtime Regulations

October 12, 2016

New Department of Labor Rules Revise Overtime Regulations

In May of this year, the Department of Labor updated the Fair Labor Standards Act and issued new final rules modifying the…

Justin Overstreet Named as Man of the Year from Central Illinois Business Magazine

October 7, 2016

Justin Overstreet Named as Man of the Year from Central Illinois Business Magazine

Martin, Hood, Friese & Associates is extremely proud that Justin Overstreet, who is a Senior Manager in the Audit department, not only made…