Mowery & Schoenfeld, LLC, based in Lincolnshire, Illinois, United States, is honored and excited to have been named one of Inside Public Accounting's 2017 Best of the Best Firms! This designation indicates that of the 587 firms surveyed, Mowery & Schoenfeld ranked…
The Tax and Assurance Departments at M&S are proud to announce that we have promoted five of our employees to Manager this summer! "We congratulate all of these talented accountants on their achievement and wish them continued success at the…
Section 529 plans have become one of the most popular tools used by parents to save for their children’s college education. One reason they’re so “in” is their favorable tax treatment: If the funds are used to pay for qualified…
The IRS has reissued proposed partnership audit regulations, withdrawn earlier this year as part of the Trump administration’s regulatory freeze. The proposed Centralized Partnership Audit Regime regulations (Reg-136118-15) — reportedly identical to the withdrawn regulations — apply to partnership tax…
Establishing an employer-sponsored retirement plan is an attractive way to save for your own retirement and help your employees do the same. As a plus, your business may enjoy tax advantages for setting one up. Not Too Late The good…
If you generate a side income from a passion like cooking, woodworking or bookselling — or anything else — you should be aware of the tax implications of earning this money. These will vary depending on whether the activity is…
