Articles

MWE written articles.

Posted in Articles

Unlock the Biggest Possible Deduction for a Home Office

The IRS recently issued a reminder about claiming the home office deduction. In particular, it explained a simplified method that offers a time-saving option. But many taxpayers who maintain a home office fare better tax-wise by deducting expenses under the regular method. Others may not be eligible to deduct any home office expenses. Here’s why.

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Posted in Articles

Reclassifying Business Expenses as Constructive Dividends

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that’s helpful and appropriate for your business. Here’s a list of important questions to consider as you start your journey:

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Posted in Alerts, Articles, In The News

MWE hosts ‘Escape The Office’ Event for Staff

At the conclusion of the 2017 busy season, MWE’s Marketing Department masterminded a fun, interactive, team-building event called “Escape the Office” for the staff. Twelve teams of four attempted to escape one of the firm’s prison themed conference rooms by solving numerous clues in 30-minutes or less. Following the event, Long Island Business News interviewed…

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Posted in Articles

Financial Survival Tips for Recent College Graduates

Graduation can be one of the most exciting — and intimidating — times in your life. You’re officially an adult, and with that new-found independence comes financial responsibilities. No pressure, but the decisions you make today about spending and saving can mean the difference between struggling for the rest of your life and building a…

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Posted in Articles

10 Simple (and Fun) Ways to Cut Taxes This Summer

It’s already starting to feel like summer in many parts of the country. But the forecast for Washington remains unclear as officials continue to discuss various tax-related issues. No matter what happens in Washington, don’t get stuck in a holding pattern yourself. Give some attention to business and personal tax planning this summer. Here are…

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