MHFA Welcomes Summer Interns

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

MHFA Welcomes Summer Interns

June 1, 2016

MHFA Welcomes Summer Interns

Martin, Hood, Friese & Associates is pleased to welcome two summer interns to the firm: Evan Allsup and Sterling Young. Evan hails…

What is Use Tax?

May 25, 2016

What is Use Tax?

Did you recently visit a state that doesn’t have sales tax and purchase items for use back home in Illinois? Have you…

New Filing Requirements for Large Estate Tax Returns

May 11, 2016

New Filing Requirements for Large Estate Tax Returns

Are you the executor or beneficiary of an estate that has over $5,430,000 of net assets? If so, you may not be…

Tax Season Follow-up

May 4, 2016

Tax Season Follow-up

Tax filing season is complete and most 2015 tax returns have been filed. But…don’t be a stranger. This is the best time…

Non-profit Return Filing Requirements

April 27, 2016

Non-profit Return Filing Requirements

Non-profit organizations can be exempt from paying income and sales taxes but that doesn’t mean they are exempt from all taxes or…

Tax Freedom Day

April 20, 2016

Tax Freedom Day

Monday, January 22, 1900 was a happy day around the office water cooler, or wherever American workers congregated at the turn of…

MHFA Employee Benefit Plan Team

April 6, 2016

MHFA Employee Benefit Plan Team

Who ya gonna call? When you need the answer to the question, "Should I withhold 401k income from my employees' bonus?" or if you…

Illinois Angel Investment Program

March 31, 2016

Illinois Angel Investment Program

The Illinois Angel Investment Program exists to draw investment dollars into early-stage, innovative companies in Illinois. Companies that qualify for the program…

Do I Have to File a Gift Tax Return?

March 23, 2016

Do I Have to File a Gift Tax Return?

Did you know you can give up to $14,000 to any person and any number of persons you want in a calendar…

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…