News & Insights
New Employer Tax Credits Under CARES Act
Many businesses that have been severely impacted by coronavirus (COVID-19) will qualify for two new employer tax credits – the Credit for Sick and Family Leave and the Employee Retention Credit, both a result of the new CARES Act. McConnell & Jones is keeping a...
Economic Injury Disaster Loans and Grants
These grants provide an emergency advance of up to $10,000 to small businesses and nonprofits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL). To access the advance, you first apply for an EIDL and then request...
Expanded CARES Tax Relief Information for Small Business Owners
The CARES Act includes business tax relief including employee retention credits, delayed payroll payments, increased business interest deductibility, and accelerated recovery of alternative minimum tax credits among other forms of relief. The following paragraphs...
Benefit Plan Provisions in the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a $2.3 trillion aid package designed to help the economy as it suffers from the effects of the coronavirus pandemic, contains several provisions that affect employee benefit plans. Key provisions as...
Administrative Professionals Day Interview with Kelly Watson
In celebration of National Administrative Professionals day, we are spotlighting our very own “super-admin” Kelly Watson. We had a Microsoft Teams interview and asked Kelly what it’s like being an Administrative Professional in 2021 and much more!
Password or Passphrase, Two Sides of the Same Coin
As discussed in the previous post below, we determined that the average user of technology is required to memorize many different login credentials and a helpful tool is a password manager. In this post I will discuss the somewhat controversial topic, at least in...
McConnell Jones Announces the Promotions of Firm Members
Firmwide Dynamic Growth Has Fueled Promotions and New Hires McConnell Jones, a top 25 CPA firm based in Houston, is pleased to announce a number of promotions in its Audit and Strategic Services group. Despite the pandemic economy during the past year, the firm has...
McConnell & Jones Announces the Promotion of Micah Clinger to Partner
McConnell & Jones is pleased to announce the promotion of Micah Clinger to a partner in the firm. Clinger joined the firm in May 2020 as an Audit Director and has extensive experience performing financial and single audits for education, not-for-profit, and...
More Passwords, More Problems
During the past decade, the number of passwords we need to remember has grown exponentially. I am old enough to remember a time when I only needed to remember three passwords: one for work, one for personal email, and one for a forum of which I was a member. Now, at...
Simple Steps Employees Can Take to Ensure Greater Network Security in a Remote Work Environment
There are many aspects of IT security that we must consider in our new world where working remotely has become the norm. For the most part, the ability to work remotely requires the ability for employees to be able to connect to their firms’...
Wayne McConnell Interviewed by Houston Business Journal
We are honored to have our managing partner, Wayne McConnell, CPA, featured in "Face to Face", a segment published by the Houston Business Journal. “If we build a strong team, that strong team will come about as a result of each individual being the best that they...
PrimeGlobal Welcomes McConnell & Jones to the Association
We are honored to have our firm join the PrimeGlobal association. Read more about McConnell & Jones joining PrimeGlobal below: About PrimeGlobal As an award-winning association of independent accounting firms, PrimeGlobal member firms offer a powerful range of...
COVID-19 Pandemic Work Arrangement Plans
In a recent poll of national human resource directors conducted by McConnell & Jones, a new normal is expected when it comes to the traditional office environment: 47% of respondents indicated that a hybrid of work from office & home would be the new...
Why Working From Home Doesn’t Always Mean Home Office Business Deductions
According to some estimates, nearly 60 percent of U.S. workers have been or are still working from home as a result of the pandemic. Several clients have asked about the deductibility of home office expenses. Unfortunately for most work from home (WFH) workers, your...
Webinar: Lessons Learned in 2020- A Review of Changes of Employee Benefit Plans
The CPAs of McConnell & Jones invite you to a complimentary webinar to review the significant employee benefit plan changes that transpired in 2020. During this informative seminar, a panel of benefit plan experts will highlight tips and advice to help navigate...