Margolin, Winer & Evens LLC - Certified Public Accountants and Business Advisors

we - Home

the power of

we

Your goals, our guidance, building success.

power of we2 - Home
growth1 - Home

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.

growth - Home
teamwork1 - Home

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.

teamwork - Home
trust1 - Home

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.

trust - Home

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.

Can a Broken Trust Be Fixed?

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves your purposes? Is it too late to change it? Depending on applicable state law, you may have several options for fixing a “broken” trust.

There’s Currently a “Stepped-up Basis” if You Inherit Property — But Will It Last?

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes.

Install Solar Panels and Get a Tax Break

Fun fact: Install solar panels and get a tax break. For more details, visit: https://www.energy.gov/articles/renewable-energy-tax-credits ©2021 Infographic: Why Both Consumers and Retailers Have Embraced POS Lending

Heading Across State Lines With Your Trust Requires Planning

In some cases, it may be desirable to move a trust to a more favorable jurisdiction. But moving a trust from one state to another can present significant risks, so don’t attempt to do so without considering all the benefits, limitations and risks, and obtaining professional advice.

10 Facts About the Pass-through Deduction for Qualified Business Income

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the pass-through deduction, QBI deduction or Section 199A deduction.

IRS Audits May Be Increasing, So Be Prepared

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But even though a small percentage of returns are being chosen for audit these days, that will be little consolation if yours is one of them.

MWE Advisor June Highlights

June highlights from The MWE Advisor: Tips to lower gas costs on your summer road trip; Which states are opting out of federal unemployment benefits? 

MWE is Hiring! – Apply Today

We’re hiring all levels! – Are you or someone you know looking for an opportunity to work at a top accounting and business advisory firm? Easily apply on LinkedIn today for one of our many openings!

Eligible Businesses: Claim the Employee Retention Tax Credit

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Here’s a rundown of the rules.

Traveling for Business Again? What Can You Deduct?

As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law, there are a number of rules for deducting the cost of your out-of-town business travel within the United States. These rules apply if the business conducted out of town reasonably requires an overnight stay.

Tax-Favored Ways to Build Up a College Fund

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You want to take maximum advantage of tax benefits to minimize your expenses. Here are some possible options.

Help Guide Your Family with a Road Map for Your Estate Plan

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your will, various trusts and a power of attorney are essential, consider adding a “road map” to your plan.

Owners of Pass-Through Entities Electing the NY PTE Tax – Your NY Personal Estimated Tax Payments Must Be Calculated Without a PTET Credit

New York State (NYS) second quarter Personal Income Tax Estimated Payments are due on June 15, 2021. This year, for owners, partners and shareholders of Pass-through Entities (PTE) that are considering electing to be subject to New York State’s Pass-through Entity Tax (PTET), there’s an important wrinkle in the calculation of these estimated payments.

Plan Ahead for the 3.8% Net Investment Income Tax

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take to reduce its impact.

New York’s Pass-through Entity Tax – Potential Lower Federal Tax Benefits to S Corporation Shareholders

New York’s Pass-through Entity Tax (PTET) may result in significantly lower Federal tax benefits for certain electing S corporations. The potential Federal tax benefits of the New York State (NYS) PTET for resident shareholders of S corporations with low NYS Business Apportionment Percentages (BAP) may be significantly lower than initially expected. Why? The PTET provisions’…

No one knows your business like you do, but running a successful business is a challenge that requires outsourced skills and expertise. By teaming with MWE, you can focus on the core business that makes your company great, with the confidence that a trusted professional is attending to your other business obligations. Our partners understand the intricacies of your operations, as well as the industry rules that govern them, including ongoing changes that may be critical to your business’ long-term health and success.

A well-mapped plan for your business is essential to its success. As your business goes through its life cycle, those plans will need to adapt and change. As your trusted advisor, MWE can offer you tailored and in-depth guidance to reach your goals. We specialize in a variety of accounting, tax, business and personal advisory services which enable us to guide you to your desired destination.

Contact Us
reCAPTCHA
ajax loader - Home
Long Island

1500 RXR Plaza - West Tower, Uniondale, NY 11556
T 516.747.2000 // F 516.747.6707

New York City

757 Third Avenue, Suite 2002, New York, NY 10017
T 212.973.1000 // F 212.973.1004

Grand Cayman

27 Hospital Road, Fifth Floor, P.O. Box 1748GT
George Town, Grand Cayman, Cayman Islands, B.W.I