In The News
MWE mentions and quotes.

Should I Take the Standard Deduction?
When filing taxes, one of the initial decisions you’ll make is whether or not to take the standard deduction or itemize your deductions. U.S. News & World Report caught up with MWE tax partner Lance Christensen to discuss the benefits and pitfalls of this important decision.
Read MoreWill You Thank or Curse Trump for Your Tax Bill?
The upcoming tax season will be the first time many people will face a new tax liability under President Donald Trump’s tax reform. And for these filers, how their tax liability will look remains mysterious. MWE tax Partner Lance Christensen spoke to U.S. News & World Report about what people should expect to see…
Read MoreGood economy, tax reform benefiting local food and beverage sector
as published in The growing economy and tax reform have benefited companies in the local food and beverage sector, according to a recent survey by Garden City accounting firm Margolin, Winer & Evens. The firm interviewed 65 food and beverage companies at Long Island Business News’ 2018 FoodBizLI Event, a trade…
Read MoreEmployee stock ownership plans – are they for your business?
The federal Main Street Employee Ownership Act, which was signed into law in August, makes it easier for private businesses to transition to an employee-owned business. MWE Partner Paul Becht talks to Newsday about the new law, benefits of instituting an employee stock ownership plan (ESOP), and how to finance one.
Read MoreMWE’s Amy Joyce named as a Notable Woman in Accounting & Consulting
Aretha Franklin left no will, here’s why you should
Legendary singer Aretha Franklin reportedly did not put together a will before she passed away, which experts warn can create stress for beneficiaries and even burn cash. MWE Partner Amy Joyce spoke to Fox Business about what everyone should know about wills and trusts – and the consequences when you have no plan in…
Read MoreWill the Trump Tax Bill Drive Down Ticket Sales?
Built into the Tax Cuts and Jobs Act is a provision stripping out the 50 percent deduction for business entertainment expenses, like taking clients to sporting events. MWE Partner Lance Christensen talks to The New York Times about the impact this may have on businesses and sports teams’ future ticket sales.
Read MoreNY Firm Escapes the Office After Tax Season
Back by popular demand, MWE hosted its second annual post-busy season “ Escape the Office” event for the staff. In May, one of our conference rooms was transformed into a carnival, and participants had to escape before a thunderstorm struck. After the event, CPA Practice Advisor interviewed Managing Partner Read More
Feds end deduction for entertaining clients
“I don’t have any evidence that people have changed their minds about [entertaining their clients]. But these types of things usually have an impact,” said MWE Partner Lance Christensen in this Long Island Business News article. “People may not go to some of these business entertainment functions or they may get fewer tickets or…
Read MoreNew Tax Law Could Affect Sports Teams’ Ticket Revenue
Major League Baseball attendance has dropped over the past few seasons and experts blame the weather, noncompetitive teams, and the pace of the game. But MWE Partner Lance Christensen offers another theory to CBS Local: Starting next season, attendance might continue to drop if companies stop buying tickets to entertain clients now that the…
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