Foreign Accounts and Assets

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

Foreign Accounts and Assets

February 23, 2018

Foreign Accounts and Assets

Tax-filing season often causes us to take stock of our financial and retirement accounts. You might think that an overseas retirement account…

Fringe Benefits That Are Seen as Taxable Wages

December 28, 2017

Fringe Benefits That Are Seen as Taxable Wages

Did you know that some fringe benefits provided to employees must be included on W-2s as taxable wages? Items such as the…

Illinois Enterprise Zone Tax Credit

May 4, 2017

Illinois Enterprise Zone Tax Credit

If you have a business, did you know that you can take a tax credit for purchasing capital assets depending on where…

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…