Household Employees

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

Household Employees

March 9, 2016

Household Employees

Do you have a nanny, an in-home health aide, or a nurse not hired through an agency? If so, you should consider…

Foreign Bank Reporting Requirements

March 3, 2016

Foreign Bank Reporting Requirements

Brussels Stock Exchange Do you have a bank account overseas? Do you have a retirement plan in another country? If so, you…

Denise Martin: 2016 ATHENA Award Recipient

February 18, 2016

Denise Martin: 2016 ATHENA Award Recipient

Image courtesy of The News-Gazette Martin, Hood, Friese & Associates is extremely proud to share the news that partner Denise Martin is…

Ten Ideas for Financial Wellness

February 12, 2016

Ten Ideas for Financial Wellness

There is more to financial "health" than just dollars in the bank. This week, we've put together ten ways you can boost…

Illinois Small Business Jobs-Creation Tax Credit

February 3, 2016

Illinois Small Business Jobs-Creation Tax Credit

The Illinois Department of Commerce & Economic Opportunity (DCEO) has a created a program in order to give small business owners an…

IDOR Extended Deadlines Due to Floods

January 27, 2016

IDOR Extended Deadlines Due to Floods

The Illinois Department of Revenue has announced that it will waive penalties and interest for taxpayers who cannot file or pay their…

Illinois Department of Labor – Employee Classification Act Reporting

January 20, 2016

Illinois Department of Labor – Employee Classification Act Reporting

In 2014, the Department of Labor issued a new reporting requirement for contractors who had construction services performed for it by an…

Availability of Private Company Accounting Alternatives Continues to Grow

January 13, 2016

Availability of Private Company Accounting Alternatives Continues to Grow

The Private Company Council (PCC), established in May 2012, is the primary advisory body to the Financial Accounting Standards Board (FASB) on…

Important Tax Legislation Extensions Passed in Congress for 2016

January 5, 2016

Important Tax Legislation Extensions Passed in Congress for 2016

Last month, Congress passed H.R. 2029, The Consolidated Appropriations Act, 2016, which extends a lengthy list of expired tax provisions. Extensions are in the…

Tax Deadline Extension for 2016

December 18, 2015

Tax Deadline Extension for 2016

Mark your calendars! Due to Washington, DC celebrating Emancipation Day on Friday, April 15, the tax deadline for 2015 returns has been…