The people behind the
great ideas at MWE.
Phillip Laycock, CPA - Partner
Phil is an audit and assurance partner with more than two decades of experience advising clients in a variety of industries.
Since 1992, Phil has focused on helping guide clients in strategic matters including tax, acquisitions, management team, processes and systems. He has aided in buy-side due diligence quality of earnings projects, ESOP modeling for business transitions, and cost segregation studies.
Phil also leverages his expertise to help engineer new quality control and assurance processes, peer reviews, implement new technology, and advise clients on management and internal control matters.
His industry specialties include Manufacturing/Distribution, Construction, Real Estate, Healthcare, Financial Services, Technology, Alternative Finance and the Food and Beverage industry. Phil has been interviewed by and written extensively on accounting and audit issues for a variety of publications, including Long Island Business News and US News and World Report.
He earned his B.S. in Accounting from Indiana University and lives in Huntington, NY with his wife, boy/girl twins and a Labradoodle.
- March 24, 2020New York State Provides Limited Penalty Relief For Sales Tax Vendors
In the wake of declaring a State Disaster Emergency, New York Governor Cuomo has issued an executive order expanding the Tax Commissioner’s authority to abate late filing and payment penalties to also allow the Commissioner to abate interest on quarterly sales and use tax filings and remittances with a due date of March 20, 2020…
- March 20, 2020New Employment Tax Credits Under Families First Coronavirus Response Act
President Trump has signed into Law the Families First Coronavirus Response Act (FFCRA).The FFCRA requires that certain employers provide expanded paid leave and/or emergency family leave to certain employees.
- Treasury Delays Federal Income Tax Filing Deadline to July 15th
Treasury Secretary Steven Mnuchin announced Friday, March 20th, that the Trump administration has decided to push the federal income tax filing and payment date to July 15 from April 15.
- March 19, 2020Treasury Grants Tax Relief and Trump Signs FFCRA
On March 18, 2020 the Secretary of the Treasury issued a notice which grants relief with respect to the timing of the payment of Federal Income Tax which would otherwise be due on April 15, 2020.The relief grants taxpayers an extension of time until July 15, 2020 to make the payment and applies to…
- March 17, 2020MWE COVID-19 Update
Clients and Friends: MWE is closely monitoring the ongoing developments related to Coronavirus (COVID-19).The safety and well-being of our staff, their families and our clients is our highest priority.