We keep you updated with the latest news from Martin Hood and helpful information whenever there is a change to employment or tax laws.
Standard business mileage rate will increase for the second half of 2022 The IRS recently announced that it’ll increase the standard mileage…
The IRS has announced a pre-examination compliance program for qualified retirement plans, including 401(k) plans. Under this pilot program, which begins this…
SOURCE: https://www.icpas.org/about-us/press/press-release-details/2022/06/21/illinois-cpa-society-announces-may-2022-strategy-academy-graduates CHICAGO, June 21, 2022 – The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to announce its…
Take a look at the Summer Edition Management & Tax Concepts. Here’s a brief glance at what you’ll find in the Summer…
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…
The IRS recently issued new instructions for partnership (LLC) and Subchapter S income tax filings that expand the 2021 reporting requirements to…
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…
Happy New Year! We hope that you were able to enjoy the holidays. Here at Martin Hood we are already thinking about…
Did you reduce your payroll tax payments or request an advanced credit related to the Employee Retention Credit in the 4th quarter? If…
Please join us in congratulating the following employees who are being promoted! Each individual has demonstrated high levels of performance in serving…