Thoughts from Our Managing Partner and Other M&S Thought Leaders
March 03, 2014
Mowery & Schoenfeld is very unique among CPA firms as 28 of the 55 people in our firm were born after 1980. Many traditional CPA firms are dealing with succession planning issues as their partners near retirement age. Our firm has a purposeful approach to growing leaders from within. Since starting our firm in 1996, we've had the pleasure of bringing in younger staff, developing them,...
February 24, 2014
I recently wrote a letter to clients regarding the IRS issuing long-awaited Regulations on the tax treatment of amounts paid to acquire, produce, or improve tangible property. The Regulations explain when payments can be deducted, which payments confer an immediate tax benefit, and when payments must be capitalized. These are important changes in the federal law that will affect every business....
February 17, 2014
Last year, I attended a presentation by Stephanie Shippers on Neuro-Linguistic Programming which provided an insight into various learning styles. At Mowery & Schoenfeld, we spend a great deal of time with our young staff on learning and development. Applying learning style concepts can be very helpful in building rapport through the training process and in general interaction with others....
February 10, 2014
There seems to be quite a bit of momentum behind the reduction in corporate tax rates. This is one thing both the White House and Congress seem to agree on. This may happen in 2014 even though big changes in the tax law do not always occur in an election year. The consensus is that a reduction in corporate tax rates from 35% to 26% will make the U.S. more competitive in the world market. It also...
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