News & Insights
Thomas Jones Announces His Retirement from McConnell Jones
After more than a quarter century helping the firm grow to become the second largest African American owned CPA firm in the US, Thomas Jones has announced his retirement from McConnell Jones. He will continue to serve as an independent consultant to the firm in...
RECRUITING NEWSLETTER NOVEMBER 2021
NEW OPPORTUNITIES: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors Cyber Security Auditor Penetration Tester For more openings, please visit LinkedIn and our...
McConnell Jones attends UH Beta Alpha Psi’s “Ignite! Career Mixer”
McConnell Jones participated in the University of Houston's chapter of Beta Alpha Psi’s “Ignite! Career Mixer” on Monday, October 4th. MJ was invited to this unique career mixer format, where our recruiting team and BAP students had meaningful conversations to develop...
RECRUITING NEWSLETTER SEPTEMBER 2021
NEW OPPORTUNITIES: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors Cyber Security Auditor Penetration Tester For more openings, please visit LinkedIn and our...
McConnell Jones Expands Service Line Offerings with New Austin TX Office
For more information Bill Penczak bpenczak@mjlm.com For Immediate Release (Houston, Texas), September 17, 2021 McConnell Jones Expands Service Line Offerings with New Austin TX Office McConnell Jones is excited to announce that its office in...
Living MJ Values with Bob Armstrong – Accountability
Bob Armstrong, Commercial Audit Partner Accountability - "Extreme Ownership" For me, accountability is about owning everything that comes to me and falls under me. I own absolutely everything. And I’ll never pass the blame on to somebody else. These ideas are...
RECRUITING NEWSLETTER AUGUST 2021
NEW OPPORTUNITIES: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors Cyber Security Auditor Penetration Tester For more openings, please visit LinkedIn and our...
RECRUITING NEWSLETTER JULY 2021
NEW OPPORTUNITIES: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors Cyber Security Auditor Penetration Tester For more openings, please visit LinkedIn and our...
RECRUITING NEWSLETTER JUNE 2021
NEW OPPORTUNITIES: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors For more openings, please visit LinkedIn and our websiteTHOMAS JONES APPOINTED PRESIDENT OF...
Juneteenth Recognized as National Holiday
On Thursday, June 17th, President Joe Biden signed a bill to recognize Juneteenth as a Federal holiday. Juneteenth commemorates the end of slavery in Texas and has been celebrated since 1886. Throughout history, Juneteenth has been known by many names: Jubilee Day,...
Wayne McConnell Appointed to the Community Impact Committee for the United Way of the Gulf Coast
McConnell Jones’ Managing Partner, Wayne McConnell, has been appointed to the Community Impact Committee for the United Way of the Gulf Coast. For nearly 100 years, United Way of Greater Houston has brought together diverse partners and approaches to get to the root...
McConnell Jones Supports Memorial Hermann’s “Stars Among Us” Gala
On April 24th, Wayne and Judy McConnell virtually attended Memorial Hermann’s Circle of Life “Stars Among Us” Gala. Before the event, Wayne and Judy were delivered a ‘Rock Star’ kit to join the festivities from home! McConnell Jones supported this gala which honored...
Thomas Jones Appointed President of Houston Fund for Social Justice and Economic Equity
McConnell Jones recognizes Thomas Jones, Tax Partner, for his appointment to the Houston Fund for Social Justice and Economic Equity. As President of the board, Jones will lead the initiative of raising $25 million through private donations, aimed at accelerating...
Recruiting Newsletter May 2021
New Opportunities: McConnell Jones is looking for talented individuals in: Washington DC:Auditors, Staff to Senior Manager Texas Preferred, Open to Nationwide:IT SOX Auditors For more openings, please visit LinkedIn and our websiteThomas Jones Appointed President of...
Introducing McConnell Jones’ New Hashtags
As McConnell Jones rebrands with a new website, graphics, and color scheme, we have also made changes to our social media pages. MJ connects with nearly 3000 followers on LinkedIn, including most of our employees and it is our most used platform. Because of this, we...
5 Key Steps to Calculating Paycheck Protection Program Loan Forgiveness
Organizations who received a Paycheck Protection Program (PPP) loans should look to maximize their loan forgiveness. The following outlines five key steps for PPP Loan forgiveness; look over these steps now to prepare for maximum loan forgiveness: Step 1: Track...
Top Questions for Those Receiving Paycheck Protection Program (PPP) Loans
The Paycheck Protection Program (PPP) Loans are helping many businesses keep their workforce employed during the COVID-19 crisis. Earlier this week, congress provided the SBA with an additional $320 billion for the PPP Loan program to backstop the initial $349...
How to Request Loan Forgiveness?
Initial guidance in the legislation indicates that a borrower should submit to their lender an application to request loan forgiveness and supply the lender with the following documentation relating to the covered period: Documentation verifying the number of FTE and...
Special Rules for Self-Employed (Schedule C Taxpayers)
In addition to the permitted use of Paycheck Protection Program (PPP) funds, a sole proprietor may use PPP funds for owner compensation replacement per the following guidelines below: Owner compensation replacement for a sole proprietor is defined as 2019 Schedule C...
Deadline Extensions of Audited Financial Statements and Other Reports
Changes are everywhere due to COVID-19 including regularly scheduled filing deadlines which are now being adjusted by the government. One of the most significant for nonprofits with federal funding is a six-month submission extension on any OMB compliance audits that...