The people behind the
great ideas at MWE.
Alan Materazo, CPA - Partner
Throughout his career at MWE, Al has conducted and administered management advisory services, audit and accounting, and tax planning to a variety of industries, including healthcare, manufacturing, distribution, private equity, software development, catering and hospitality, and real estate.
For more than a quarter century, Al has advised clients on a wide range of special assignments such as mergers and acquisitions, workflow analysis, product line profitability analysis, internal control studies and developing strategic plans and financial projections.
Al heads the Small Business Department and serves as the Partner in Charge of Marketing and Business Development. He regularly develops and teaches numerous in-house courses in various audit and accounting areas and directs the Firm's continuing education program.
Al joined MWE directly upon receiving his Bachelor’s degree from Hofstra University in 1987. He began as a Junior Staff Accountant and steadily advanced to become Partner in January 2004. Al is a member of the American Institute of CPAs and the New York Society of CPAs.
- July 8, 2021IRS 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.
- June 2, 2021How Landlords Can Cope with Pandemic Fallout
How can tenants pay their regular monthly rent bills if they’re out of work?As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and protection from potential eviction.
- May 24, 2021The DOL Has Withdrawn the Independent Contractor Rule
The U.S.Department of Labor (DOL) announced that it has withdrawn the “independent contractor rule” to maintain workers’ rights to the minimum wage and overtime compensation protections under the Fair Labor Standards Act (FLSA).
- May 6, 2021The American Families Plan: Here’s What You Should Know About President Biden’s Proposal
President Biden has proposed tax legislation which could significantly impact many individuals and businesses if enacted.In his April 28, 2021 address, President Biden discussed some of the proposals in his $1.8 trillion American Families Plan (AFP), which would make sweeping changes to some of the tax provisions enacted in the Tax Cuts and…
- May 4, 2021Providing Education Assistance to Employees? Follow These Rules
Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge.An employee can receive, on a tax-free basis, up to $5,250 each year from his or her employer for educational assistance under a “qualified educational assistance program.”