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Title:Margolin, Winer & Evens LLP
Description:Margolin, Winer & Evens LLP ("MWE") is one of the largest accounting and business advisory firms in the Northeast. Since 1946, MWE has been providing accounting, auditing, tax strategies and advisory services.
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Margolin, Winer & Evens LLP home about global reach giving back awards & recognition people industries construction financial services healthcare manufacturing & distribution professional service firms real estate retail technology services accounting & auditing cost segregation estate planning international tax small business solutions state & local tax systems consulting tax reporting & planning insight news articles the bottom line blog videos newsletters careers meet mwe current opportunities professional development benefits & work/life balance corporate responsibility year one firm events contact Search Menu home about global reach giving back awards & recognition people industries construction financial services healthcare manufacturing & distribution professional service firms real estate retail technology services accounting & auditing cost segregation estate planning international tax small business solutions state & local tax systems consulting tax reporting & planning insight news articles the bottom line blog videos newsletters careers meet mwe current opportunities professional development benefits & work/life balance corporate responsibility year one firm events contact Margolin, Winer & Evens LLC - Certified Public Accountants and Business Advisors the power of we Your goals, our guidance, building success. learn more the power of growth At MWE, you are a priority, not a project. We are dedicated to the financial health of you and your company so you can focus on building your business. learn more the power of teamwork With MWE, you can expect a high level of involvement and regular communication with partners, who are both proactive and highly responsive. learn more the power of trust At MWE, you have a senior team that is personally invested in your success and looking out for your best financial interests. learn more Who We Are Margolin, Winer & Evens LLP ("MWE") is one of the largest accounting and business advisory firms in the Northeast. Since 1946, MWE has been providing accounting, auditing, tax planning, tax strategies and advisory services. Today, the scope of our services embraces virtually every industry and market niche. In the News Proposed Like-Kind Exchange Regulations Clarify What Property Qualifies for Tax Deferral Under Section 1031 On June 12, 2020, the IRS released proposed regulations that once finalized would clarify a few key factors for taxpayers participating in like-kind exchanges after the enactment of the Tax Cuts and Jobs Act (TCJA). Under Section 1031 of the Internal Revenue Code, taxpayers can defer gain recognition on sales of… Continue Reading Even if no money changes hands, bartering is a taxable transaction During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services instead of paying cash for them. If your business gets involved in bartering, remember that the fair market value of goods that you receive in bartering is taxable income. And if you exchange… Continue Reading For additional funding, take a stroll down main street If your business didn’t qualify for a PPP loan, you may want to check out the Federal Reserve’s new Main Street Lending Program. Continue Reading MWE Advisor June Highlights June highlights from The MWE Advisor: Last-minute tax saving and planning strategies for businesses that deferred filing tax returns; How to report employees who refuse to return to work. Continue Reading Here’s what happens to your PPP loan if your small business fails Millions of small businesses impacted by the coronavirus pandemic have received relief via Paycheck Protection Program and Economic Injury Disaster loans, but according to a survey, many of them still don’t expect to survive. In a recent CNBC.com article, MWE partner Paul Becht discusses what could happen to you and your loan(s) if your… Continue Reading Decoupling from the CARES Act New York City Style – The Sequel Late last Wednesday, Governor Cuomo signed legislation, A10519/S08411 , that decoupled additional provisions from the CARES Act for New York City Business Taxes. The legislation may have personal income tax considerations because the legislation has provisions that apply to New York City pass through entity level taxes. The… Continue Reading NYS Decoupling from CARES Act – Section 163(j) Limitation – How to Make Complicated More Complicated In our two previous posts on the New York State Budget’s Decoupling {“Decoupling”}, we discussed the myriad of implications arising from the Decoupling that focused on the Personal Income Tax as well as Pass Through Entity (PTE) ramifications to the extent the Decoupling’s affects would be required to be reflected by PTEs for… Continue Reading PPP Flexibility Act eases rules for borrowers coping with COVID-19 Back in April, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) to help companies reeling from the economic impact of the COVID-19 pandemic. Created under a provision of the Coronavirus Aid, Relief and Economic Security (CARES) Act, the PPP is generally available to U.S. businesses with fewer than 500 employees. In its… Continue Reading Student loan debt by the numbers Infographic: How much student loan debt do Americans have? The number is staggering. Continue Reading Webinar: PPP – Forgiveness, Extensions & More On June 5th, changes to the Paycheck Protection Program were signed into law by President Trump. Join MWE Partner Paul Becht and Brian Califano, Managing Partner at AcceleratingCFO, on June 10th as they discuss the changes, guidance released on loan forgiveness, and more during their complimentary webinar. Continue Reading Why Confusion Still Reigns Over PPP Loan Forgiveness Many businesses hit by the pandemic have expressed their confusion with Paycheck Protection Program (PPP) benefits and guidelines, including loan forgiveness. Financial Advisor Magazine recently tapped MWE partner Paul Becht to shed light on some of the rules that are bewildering businesses. Continue Reading Student loan interest: Can you deduct it on your tax return? The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit. The Coronavirus Aid, Relief and Economic Security (CARES) Act contains some assistance to borrowers with federal student loans. Notably, federal loans were automatically placed in an administrative forbearance, which allows borrowers to temporarily stop making… Continue Reading House bill gives small businesses more time to use PPP loans and lets them spend less on payroll Last week, the U.S. House of Representatives passed a bill to improve the flexibility of the Paycheck Protection Program. While the bill heads to the Senate, CNBC.com connected with MWE partner Paul Becht to discuss its key provisions, including loan-forgiveness rules and how they could impact small businesses. Continue Reading NYS Budget Decoupling from Beneficial CARES Act Provisions Creates NOL and Excess Business Loss Complexities In our previous post on New York State’s Budget , we identified several of the significant issues presented by New York’s Budget containing specific provisions which set forth that New York State will temporarily suspend adoption of the Internal Revenue Code (IRC) on a rolling basis {‘Decoupling”}. New York State’s Decoupling from the IRC is… Continue Reading NYS Budget Decouples from Beneficial CARES Act Tax Provisions With little fanfare, New York State adopted and Governor Andrew M. Cuomo signed the New York 2020-2021 Budget {“The Budget”} in April that contains significant New York State tax ramifications, especially for those New York taxpayers for which the CARES Act provides potential federal tax benefits. Continue Reading Industries View All Industries No one knows your business like you do, but running a successful business is a ch...
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