Achievable Tips for Building a Championship Team with Mike Robbins & Hughes Marino

Shay Hughes | HM Blog
November 6, 2019

Across several of our Hughes Marino offices, clients and members of our local communities joined us for an inspiring presentation with best-selling author Mike Robbins. Mike has been an integral part of our success since we first collaborated in 2011, and we are proud to have cultivated an award-winning culture ever since—from being named Fortune Magazine’s #1 Best Workplace in the nation and the #1 Best Place to Work by regional business journals for several years. Mike’s client list includes the who’s who of successful organizations, including Google, Microsoft and countless other global companies, as well as some of the most victorious professional sports teams in the nation. We were honored to have Mike join us and share insights on how to create a championship team and a thriving company culture.

Another Tax Increase on Business That You Likely Are Not Prepared For

David Marino | HM Blog
October 24, 2019

The federal government has slipped in a new tax increase on businesses that is going to catch financial executives unprepared and in conflict with their auditors in how to account for it. As of this year, parking expenses for employees, including an amount allocated to parking if not broken out in rent/lease payments, are nondeductible for tax purposes. The applicable tax code section is US Code Sec. 274(a)(4). The IRS clarifies in Notice 2018-99 that parking expenses are included as part of the nondeductible transportation expenses. This is the case even when employers or employees do not pay for parking as a separate expense from the landlord or other third party. The calculation can get quite technical, so here is more background on the IRS stipulations.