News & Insights
McConnell and Jones LLP Gives Holiday Donations to Washington D.C. Charities
The McConnell & Jones’ (MJ) Washington D.C. office team spent a portion of the holiday season donating a myriad of necessities and gifts to three different local organizations, A Wider Circle, an anti-poverty organization that serves low income families; My...
Concerned About Tax Reform? We Have What You Need to Know.
The Tax Cuts & Jobs Act significantly changes the landscape for individuals and businesses, both small and large. Many provisions included in the Act take effect January 1, 2018, and will affect virtually all U.S. taxpayers. To help you understand the...
Tax Cuts and Jobs Act of 2017 | Top 5 Tax Issues Important to Entrepreneurs and Small Businesses
American small business owners and entrepreneurs across the country received a financial present this holiday season when Congress passed the new tax reform package. The “Tax Cuts and Job Act of 2017” is the most significant and radical change in tax law since the...
The Final Tax Bill
The much anticipated tax bill is finalized and has significant changes to personal and business tax laws, both in terms of tax structure and rules. Below is a summary of the key provisions in their final form compared to current tax law. Income Tax Rates Overall, the...
IRS Advisory – Prepaid Property Taxes MAY Be Deductible in 2017
Prepaid Real Property Taxes May Be Deductible in 2017 if ASSESSED and PAID in 2017 IRS Statements and Announcements - The Internal Revenue Service advised tax professionals and taxpayers today that pre-paying 2018 state and local real property taxes in 2017 may be tax...
Last Minute Tax Planning Ideas In Light of the New Tax Bill
As the year comes to an end and we begin reviewing the implications of the new tax reform bill, here are a few last suggestions for you and/or your business. Tax Reform Is Here - Four Moves to Make By the End of Year As always, please call one of our Tax Professionals...
The Trump Tax Reform Plan – What Is and What May Be
Major tax reform enactment is a rare event, with the last occurring back in 1986 under President Ronald Reagan. As a result, current discussions could pan out to be much ado about nothing; however, with the solid majorities that Trump and the Republicans hold in both...
McConnell & Jones LLP Receives Houston Business Journal’s Diversity in Business Award
McConnell & Jones LLP (MJ) received the mid-sized company Diversity in Business award from the Houston Business Journal at the Inaugural Diversity in Business Awards ceremony held last Thursday at the Hilton Americas Hotel located in Houston, Texas. The Houston...
McConnell & Jones’ Manager Recognized as a Certified Information System Auditor Further Expanding Information Technology Audit Services
McConnell & Jones’ consulting manager, Jose Reyes, has successfully completed the Certified Information Systems Auditor (CISA) exam and completed all requirements for the CISA certification from ISACA, formerly the Information Systems Audit and Control...
Diwali Greetings
By Hasmukh Joshi, ACA My Dear Auditor Friends, Namaste! On the occasion of Diwali, I am sending you best wishes for the upcoming Hindu New Year. I have gone through our several years of relations and related the experiences in my personal, social, and...
Be Smart About Giving to Hurricane Victims
From Texas to Florida, a large swath of the United States was recently slammed with back-to-back hurricanes, leaving flooded streets, damaged buildings and wreckage all around. Huge economic costs will be associated with these hurricanes. Economic Impact AccuWeather...
Marketing Coordinator, Leeandria Williams, Selected for Houston Black Leadership Institute Class V
The Houston Black Leadership Institute has selected McConnell & Jones’ marketing coordinator, Leeandria Williams, as a member of the HBLI Class V leadership program. Sponsored by the Greater Houston Black Chamber Foundation, HBLI offers guidance and mentorship to...
Fill Your IRA & 401(k) to the Brim
Some people say that 50 is the new 30. Living longer and healthier lives might make you feel young if you are 50, but your retirement account begs to differ. Anyone who’s turning 50 or older on or before Dec. 31 is allowed to make retirement catch-up contributions...
McConnell & Jones Expands Service Offering to the US Government with Newly Awarded Modified Contract Vehicle
McConnell & Jones LLP, a nationally recognized Certified Public Accounting firm, announces the expansion of services to the US government through the award of the Special Item Numbers (SINs) for Accounting, Budgeting, and Complementary Financial Management...
IRS, DOL & PBGC Offer Hurricane Harvey Relief
by Eric Ernest The Internal Revenue Service (IRS) announced significant relief for the victims of Hurricane Harvey, which includes an extension for filing of Form 5500 series returns applicable to employee benefit plan reporting and compliance. Such returns that were...