Recent Promotions

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

Recent Promotions

July 1, 2020

Recent Promotions

Martin Hood is extremely pleased to announce the following promotions at the firm: Roxann Bossenbroek Roxann Bossenbroek has been promoted to Senior…

New Hire Announcement

June 2, 2020

New Hire Announcement

Martin Hood is extremely pleased to announce the hiring of a new staff member! Kathryn Merkle joined the firm in March. She…

The Most Forgotten Tax Deductions Business Owners Should Take

May 27, 2020

The Most Forgotten Tax Deductions Business Owners Should Take

Many small business owners often don’t realize exactly what may be taken as a deduction on their entity’s tax return. Here’s a…

COVID-19 Implications for Retirement Plans

May 21, 2020

COVID-19 Implications for Retirement Plans

We hope this notice finds you safe and healthy. However, we understand the uncertain times of COVID-19 has most likely affected your…

Paycheck Checkup and Withholdings

May 14, 2020

Paycheck Checkup and Withholdings

Every year, the IRS advises you to perform a “paycheck checkup” to make sure you are having the right amount of tax…

A Few Tips on Working Remotely

May 6, 2020

A Few Tips on Working Remotely

There have been numerous changes in our lifestyles over the past few months as we are all still trying to adjust to…

Donate to Empower Illinois to Save on Illinois Income Tax

April 30, 2020

Donate to Empower Illinois to Save on Illinois Income Tax

Would you like to save on your Illinois income tax liability? If yes, consider making a donation through Empower Illinois to provide…

Month-End Close Checklists: Simple and Effective

March 3, 2020

Month-End Close Checklists: Simple and Effective

How quickly are most businesses able to close their books?  Like every great accounting & tax question – it depends! How is…

Rules to Withholdings and Form W-4 Updates

February 14, 2020

Rules to Withholdings and Form W-4 Updates

The proposal was made to reflect the statutory changes in the Tax Cuts and Jobs Act. The new Form W-4 (Employee’s Withholding…

Retirement plan contribution limits increase for 2020

January 28, 2020

Retirement plan contribution limits increase for 2020

The IRS has announced the increase in contribution limits for various retirement accounts for 2020. For any employees who participate in 401(k),…