The people behind the
great ideas at MWE.
Thomas Rosenthal, CPA - Partner
As an Accounting and Auditing Partner, Tom is involved in all aspects of accounting, auditing, tax and advisory services. He has advised clients on internal control matters, bank financing, and due diligence reviews of potential acquisitions. Tom is involved in the planning and management of various audit, review and compilation engagements, as well as the related corporate, partnership and individual tax returns.
His experience encompasses services to diversified industries, including manufacturing and distribution, long-term care, real estate and SEC Registrants.
Tom is a board member of the Institute of Management Accountants (IMA), and serves on committees for the Nassau Suffolk Services for Autism (NSSA) and The Martin C. Barell School, a private nonprofit agency providing services to children with autism. Tom is a member of the Firm's Manufacturing and Distribution Group, the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA).
- March 30, 2020Significant Tax Provisions of the CARES Act
On March 27, 2020 President Trump signed into Law the Coronavirus Aid, Relief, and Economic Security Act.The sweeping legislation gives substantial relief to business owners and individuals.
- 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…