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To Learn More
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To learn more about the tax changes anticipated for 2014, please call us at 630-653-1616. Our partners and staff are ready to help you with your tax planning.
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To Contact Us:
211 S. Wheaton Avenue, Suite 300 Wheaton, IL 60187 630-653-1616
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Staff Updates
We are pleased to welcome several new staff additions to the Mathieson, Moyski, Austin & Co. team.
 John Straus, CPA, comes to MMA & Co. with more than 20 years of public accounting experience. John has a degree in business administration from the University of Arizona and is a member of both the American Institute of CPAs (AICPA) and the Illinois Society of CPAs (ICPAS).
Emily Heim, a Wheaton native, has several years of experience in public accounting. She is a graduate of Northern Illinois University where she received her bachelor's degree in accounting.
Welcome to both John and Emily!
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Photo Gallery
We once again sponsored the Wheaton Chamber's fall event, newly entitled the "Roast & Toast" and hosted at Danada House in September.
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(L to R) Scott Rofstad of Wheaton Bank & Trust, Jim and Gail Mathieson enjoy the "Roast & Toast"
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(L) Adam Fuchs of Wheaton Bank & Trust joins Brett Mathieson as co-chairs of the "Roast & Toast"
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Making connections was the theme for the September Wheaton Chamber of Commerce September luncheon.
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Mike Moyski is joined at the dessert table by (L) Lauren Emerson of Strand Fitness and Cheryl Shurtz of Re/Max Surburban
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Betty Fogle (L) and Gail Mathieson (R), both of MMA & Co., join Peggi Semmens of Wyndemere for the salad round
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| Autumn is a Great Time to Plan |
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 The calendar pages turn and suddenly, we're into autumn. Now that the kids are back in school and summer vacations are over, it's a great time to plan.
According to Mary Beth Storjohann of the website DailyFinance, here are some things to think about as the days grow shorter and we move into fall:
- Take a look at your employer's benefits plan. Are you taking advantage of your 401(K) plan and any matches your employer may provide? How about insurance options? Don't leave money on the table (and if you need help evaluating your plan, please give us a call at 630-653-1616).
- Plan for holiday spending. This is a great time to set up an automatic savings plan to sock away a little money toward the holidays. Then you won't be saddled with debt at the first of the year.
- Maximize your retirement savings. Rather than waiting until the end of December to scramble and catch up, take a look at your contributions now. Make sure you've maximized your opportunity to contribute to your retirement savings.
 - Weatherproof your home. While you're enjoying the fall colors, take a look around your home. Do you need to insulate? Caulk? Weatherstrip the doors and windows? All of these activities will help you save on bills this coming winter.
If we can help you with your planning, whether it's a review of your benefits plan or your savings goals, please give us a call. We're eager to be of service--except for the window caulking, that is.
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Individual Tax-Planning Guidelines
 Just as autumn is a great time to plan for savings and spending, it's also an ideal time to begin tax planning for the rest of the year. If you're an individual or family, here are some things to think about as you prepare for the end of the year.
You may have some choices to make regarding decisions on when to realize your income:
- If you receive a bonus, should you take it this year or defer until January 2015?
- Should you sell any stock with built-in gains or wait until next year?
- When can you take a distribution from your IRA?
- When is it appropriate to convert a traditional IRA to a Roth IRA?
You may be deciding when or if to take certain deductions:
- If you're planning a charity donation, does it make sense to make that contribution this year or wait until next year?
- Can you make additional contributions to your IRA?
- Would it make sense to pay any college tuition early to maximize a deduction or a tax credit?
Please let us help you answer these questions and more as you prepare for end-of-year planning. Call or e-mail us to set up your appointment. Also, we'll be reaching out to you in the coming weeks with your 2014 tax organizer.
Next month we'll cover tax-planning guidelines for business owners.
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Save the Date: TPC Holiday Gift Drive Scheduled for Dec. 6
Once again we're proud to be a sponsor of the Teen Parent Connection (TPC) Holiday Gift Drive, scheduled for Saturday, December 6. In cooperation with our partners at Wheaton Bank & Trust we'll be collecting toys, supplies for the Parent Pantry and gift cards to help make the holidays a joy for young parents and their families in the area. More details to follow!
 Last year, thanks to your generosity and the commitment of our staff, we collected gifts and supplies that contributed to TPC's Parent Pantry. Here is just a sample of some of the heartfelt thank-you notes we received from TPC parents and their families following our Holiday Gift Drive last year:
"My child and I really appreciate your generosity this holiday season. Thank you for your gifts!"
"This year has been very hard on me and my son. There wasn't going to be a Christmas tree at my house this year because I was not going to be able to buy my son anything! Thank you so much, especially for the game my son has been asking for. You're my son's Santa--thank you for giving us a Christmas."
"I deeply appreciate the donation of all the toys. My daughter will love the puzzle, blocks and play-doh. Thank you! Thank you! Thank you!"
To those of you who donated last year, we thank you. For those who would like to donate this year, please stay tuned for more details about how you can help young parents and their families this holiday season.
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Our People Make a Difference
Two of the Mathieson, Moyski, Austin & Co., LLP, staff were recently elected to the Wheaton Chamber of Commerce board of directors.
Brett Mathieson, CPA, and Matt Lupo, CPA, will both be serving on the board in 2015. Brett was elected president-elect and Matt will serve as the Wheaton Chamber's treasurer next year. Both gentlemen will be sworn in during the November membership luncheon.
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MMA & Co. Team gather at the Wheaton Chamber September luncheon to celebrate the election of Brett and Matt to the board of directors
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Our team showed up in force to join the unanimous election of Brett and Matt, participating in the Wheaton Chamber's September luncheon that included a progressive luncheon with multi-table networking.
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Your Trusted Advisors
We believe that it's never too early to plan... whether you're thinking about your employee benefits, your retirement savings or year-end tax planning. It is our privilege to be here for you to help you with whatever planning you're up to during these autumn months.
Thank you as always for your business and for your referrals. We look forward to serving you this autumn and in the seasons to come.
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The Team at Mathieson, Moyski, Austin & Co., LLP
Jim Mathieson, CPA, Partner
Mike Moyski, CPA, Partner
Ron Austin, CPA, MST, Partner
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CIRCULAR 230 NOTICE: IRS regulations require us to advise you that, unless otherwise specifically noted, any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, and it cannot be used, by any taxpayer for the purpose of avoiding penalties; furthermore, this communication was not intended or written to support the promotion or marketing of any of the transactions or matters it addresses.
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