Tax Filing Update – K-2/K-3 Filings for Partnerships (LLC) and Subchapter S Corporations

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 Filing Update – K-2/K-3 Filings for Partnerships (LLC) and Subchapter S Corporations

February 18, 2022

Tax Filing Update – K-2/K-3 Filings for Partnerships (LLC) and Subchapter S Corporations

As we had hoped, the IRS finally issued guidance that is relaxing its rules for domestic pass-through entity K-2/K-3 filings for Partnership…

Tax Filing Update – Partnerships and Sub S Corporations

February 11, 2022

Tax Filing Update – Partnerships and Sub S Corporations

The IRS recently issued new instructions for partnership (LLC) and Subchapter S income tax filings that expand the 2021 reporting requirements to…

2022 Tax Calendar

February 7, 2022

2022 Tax Calendar

To help you make sure you don’t miss any important 2022 deadlines, we’ve provided this summary of when various tax-related forms, payments…

1099-MISC & 1099-NEC Filing Deadlines

January 5, 2022

1099-MISC & 1099-NEC Filing Deadlines

Happy New Year!  We hope that you were able to enjoy the holidays. Here at Martin Hood we are already thinking about…

IRS Issues Guidance Regarding the Retroactive Termination of the Employee Retention Credit

December 20, 2021

IRS Issues Guidance Regarding the Retroactive Termination of the Employee Retention Credit

Did you reduce your payroll tax payments or request an advanced credit related to the Employee Retention Credit in the 4th quarter?  If…

New Promotions!

December 15, 2021

New Promotions!

Please join us in congratulating the following employees who are being promoted! Each individual has demonstrated high levels of performance in serving…

Early Termination of the Employee Retention Credit

November 17, 2021

Early Termination of the Employee Retention Credit

The Infrastructure Investment and Jobs Act terminates the Employee Retention Credit (ERC) created by the CARES Act earlier than originally planned. The…

Updates in Response to COVID-19

November 1, 2021

Updates in Response to COVID-19

Below is a compilation of any updates we've sent out, from newest to oldest, that have been posted in response to COVID-19.…

Debate Continues in Congress Over Proposed Tax Changes

October 20, 2021

Debate Continues in Congress Over Proposed Tax Changes

Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws,…

New Promotions at Martin Hood

July 12, 2021

New Promotions at Martin Hood

We are pleased to announce the following promotions at the firm: Grant ames Grant Ames has been promoted to Senior Associate. He…