News / Press Releases
News Alert: Less Demand for Office Space
News Alert: Mortgage Practices Overhaul Proposed
News Alert: Berkshire Hathaway Annual Report
News Alert: Repeal of 1099 Reporting Requirements
24th Annual Catholic Charities Golf Tournament
October 2011
The McQuadeBrennan team of Brian Eck, Adam Freedenberg, David Swartz, and Brian McQuade won low gross honors in the annual golf tournament. Congratulations to the McQuadeBrennan team and Catholic Charities for another great tournament!
A Fresh Face at McQuadeBrennan, LLP
March 2011
McQuadeBrennan, LLP is proud to welcome a new staff member to our team of professionals.
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IRS2GO Phone Application
January 2011
The IRS has created an IRS2GO phone application for the iPhone or Android, allowing taxpayers to check the status of their tax refund and obtain tax tips.
News Alert: Electronic Funds Transfer of Depository Taxes
News Alert: 1099 Legislative Update
McQuadeBrennan Sponsors SmartCEO GovStar Awards
October 2010
McQuadeBrennan is proud to sponsor Washington SmartCEO’s GovStar award program. The GovStar award program honors local government contracting firms for their technological innovation, workplace environment, growth, veteran support and resiliency. GovStar recognizes Greater Washington-area companies that strive for excellence in this complex and competitive sector.
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Congratulations to WINNERS Lacrosse
October 2010
The 11th Annual WINNERS Lacrosse Golf Tournament was held on October 4th at Stonewall Country Club at Lake Manassas. The McQuadeBrennan team of Brian Eck, Adam Freedenberg, and David Swartz placed first (low gross) in the tournament. Congratulations to Brian, Adam, David, and WINNERS Lacrosse for another great tournament!
WINNERS Lacrosse is a 501(c)(3) organization that provides youth from underprivileged homes in the metropolitan Washington, D.C. area the opportunity to enjoy and learn the game of lacrosse. WINNERS Lacrosse is designed to motivate, educate, and instill values that will facilitate young boy’s and girl’s future success. Founded by Bruce Baschuk, President & CEO of J Street Development Company, WINNERS Lacrosse has been a hugely successful program which we are proud to support.
McQuadeBrennan Sponsors WBJ Quarterly CEO Breakfast Series
October 2010
McQuadeBrennan is proud to sponsor the Washington Business Journal’s quarterly CEO Breakfast Series. The breakfast series will include a presentation of data from the latest Washington Business Journal and Shugoll Research CEO survey of more than 200 local CEOs followed by a panel discussion of local business leaders.
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McQuadeBrennan Staff Participates in the CPA Exam Scoring Panel
September 2010
Adnan Bokhari, CPA and Senior Director at McQuadeBrennan, LLP was selected by the AICPA to participate on a panel of certified public accountants to determine a new passing score for the Uniform CPA Examination.
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McQuadeBrennan Staff Recognized as SmartCPAs
September 2010
McQuadeBrennan, LLP is proud to announce that Brian McQuade, Managing Partner, and Adnan Bokhari, Senior Director, were recognized as SmartCPAs in the Washington, DC business community.
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Tax Alert: Announcement of DC Tax Amnesty Program
Tax Alert: Taxation of Carried Interest Update
Welcome New Clients
July 2010
Welcoming New Clients
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Fresh Faces at McQuadeBrennan, LLP
July 2010
McQuadeBrennan, LLP is proud to welcome two new staff members to our team of professionals.
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Tax Alert: Proposed Legislation on the Taxation of Carried Interest
McQuadeBrennan Contributes to Accounting Student’s Academic Success
April 2010
McQuadeBrennan, LLP recently contributed $1,000 to Virginia Tech’s Department of Accounting and Information Systems (ACIS) scholarship fund. The McQuadeBrennan scholarship was awarded to Michael Hayfer. David Swartz, a McQuadeBrennan client executive and Virginia Tech alum, presented the award at ACIS annual awards banquet on April 30th in Blacksburg, VA. “McQuadeBrennan is proud to contribute to this program that supports hard-working students, and one that facilitated my own achievements in the accounting industry,” said David Swartz.
Thanks to loyal alumni and their employers, ACIS has established 50 scholarships benefiting approximately 120 accounting and information systems students. The Department has awarded over $200,000 in scholarships to qualified undergraduate and graduate students this year.
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In the News: Health Reform – The Tax Impact on Small Businesses
April 2010
The recently enacted health reform legislation has a few key provisions affecting owners of small businesses and their workers. These provisions include: tax credits, excise taxes, and penalties. Whether a business will be affected by the provisions depends on a variety of factors, including, but not limited to, how many people are employed by the business.
Staff Presents to Catholic University Students on Financial Literacy
February 2010
On February 22, 2010, David Swartz, Manager, and Melody Twigg, Tax Consultant, presented financial literacy and tax filing information to juniors and seniors at the Catholic University of America in Northeast, Washington, DC. The presentation was part of a life skills program developed by the resident advisors of Opus Hall. This monthly program educates students on a variety of life skills needed upon graduation and joining the “real” world. David and Melody discussed withthe students the financial tools necessary for budgeting, dealing with student loan debt, and filing taxes. McQuadeBrennan is pleased to support the resident advisors of Opus Hall at Catholic University.
In the News: COBRA Benefits Extended
February 2010
The Department of Defense Appropriations Act enacted on December 19, 2009, includes a provision to extend both the eligibility period and the maximum duration of COBRA premium assistance for employees who lose their jobs as a result of involuntary termination.
In the News: Haiti Relief Contribution Tax Deduction for 2009 Tax Return
January 2010
President Obama signed into law the Haiti Assistance Income Tax Relief Act to allow taxpayers to deduct contributions made to the earthquake relief effort in Haiti on their 2009 tax return instead of their 2010 return.
A Successful Light the Night Walk
October 2009
McQuadeBrennan, LLP formed a team for the Leukemia & Lymphoma Society's Light the Night Walk on Saturday, October 17thin Washington, DC. The Walk began at Freedom Plaza and participants walked down Pennsylvania Avenue to the U.S. Capitol and back to Freedom Plaza. Our team raised $6,115.56, and still counting as donations are received until December, for the cause. We walked in honor of Yvonne Copley and Sam Robinson, a survivor and fighter. Both are relatives of Sally Copley, Manager at McQuadeBrennan. Brian McQuade, Managing Partner, expressed his gratitude by saying, “We, individually and as a firm, have contributed to an important cause, and tonight we finished a task we undertook months ago. I'm proud of everyone.”
Our team!
McQuadeBrennan Foursome Tees It Up at Golf Tournament
October 2009
The 10th Annual WINNERS Lacrosse Golf Tournament was held on October 4that River Creek County Club in Leesburg, Virginia. Brian McQuade won closet to the hole and Brian Eckhad a booming driveto win the long drive contest. Adam Freedenberg’s consistent driving brought the team in at 10 under par. Congratulations to WINNERS Lacrosse for another great tournament!
WINNERS Lacrosse is a 501(c)(3) organization that provides youth from underprivileged homes in the metropolitan Washington, D.C. area the opportunity to enjoy and learn the game of lacrosse. WINNERS Lacrosse is designed to motivate, educate, and instill values that will facilitate young boy’s and girl’s future success. Founded by Bruce Baschuk, President & CEO of J Street Development Company, WINNERS Lacrosse has been a hugely successful program which we are proud to support.
McQuadeBrennan Participates in the LLS' Light the Night Walk
September 2009
McQuadeBrennan has formed a team for the Leukemia & Lymphoma Society's Light the Night Walk. The date of the Walk is Saturday, October 17th in Washington, DC. The Walk begins at Freedom Plaza (13th and Pennsylvania Avenue, NW) and participants walk down Pennsylvania Avenue to the U.S. Capitol and back to Freedom Plaza. The Walk is a wonderful way to celebrate and commemorate lives touched by blood cancer.
Many us of have loved ones touched by cancer in one form or another, and we are happy to give back to the community for such a worthy cause. You can support the fight by joining our team or by making a donation.
Thanks for your support!
Please visit: http://pages.lightthenight.org/nca/WashDC09/McQuadeBrennan
Brian McQuade Teaches Graduate Class
September 2009
This fall Brian will be teaching a graduate course, Foundations of Real Estate Accounting, at Georgetown University. The Continuing Studies Masters in Real Estate program is designed for real estate professionals interested in gaining knowledge in the financial aspects of real estate development. This program is entering its second year on campus with great enthusiasm from current and potential students. The program seeks to provide expertise and experience from real estate practitioners with classes more discussion focused and fewer lectures. Brian is enjoying working with students and sharing his many professional experiences working with real estate developers and investors. “My students are very bright and motivated. The current real estate market is extremely challenging and the real estate professionals in the class are clearly concerned. We’ve discussed the S&L crisis of the late 80’s, and I think I was able to convince them markets do recover and the D.C. market recovers faster than most.”
McQuadeBrennan Movers and Shakers
July 2009
McQuadeBrennan, LLP is proud to welcome three new staff members this summer.
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Ghaya Hassairi Receives CPA Certification
June 2009
Ghaya Hassairi, Manager at McQuadeBrennan, LLP, recently received her CPA certification in the state of Virginia from the American Institute of Certified Public Accountants.
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McQuadeBrennan Receives High Rating in Peer Review
January 2009
McQuadeBrennan, LLP, certified public accountants and consultants has successfully completed an independent peer review of their accounting and auditing practice. We are pleased to report we received an "Unmodified Report, Without a Letter of Comment'' - the highest rating possible, witha very small percentage of firms receiving a completely unmodified opinion with no letter of comment.
The peer review was conducted under professional standards by the American Institute of CPAs (AICPA). Individual firms go through this process every three years. The independent CPA team that performed the review concluded that McQuadeBrennan complies with the stringent quality control standards set by the AICPA.
Reviewers evaluate the firm's compliance regarding several functional areas including technical standards of accounting and auditing practices, hiring policies, staff engagement and professional development. Brian McQuade, Managing Partner, said, "I am very proud of the firm's 4thconsecutive unmodified report.Our firm is dedicated to providing quality services to our clients and our unmodified report proves our team's commitment to excellence.''
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Ghaya Hassairi Publishes Article in Outsourcing Toolkit
September 2008
Ghaya Hassiri, Manager, wrote an article for ASAE'sAssociation Now Outsourcing Toolkit explaining the benefits of organizations outsourcing their accounting department. Nonprofit organizations are increasingly under the inspection of government regulations. Compliance with applicable federal, state, and local requirements is of vital importance. Outsourcing your accounting department makes non-compliance a non-issue for organizations. Find the full article in Company Brochures.
McQuadeBrennan sponsors 2008 Small Business Awards
July 2008
This was the first annual Small Business Awards on behalf of the District of Columbia. The goal of the Business Premier Awards Program is to encourage and highlight notable entrepreneurship and demonstrate the District's commitment to the growth of DC-based small businesses. The Awards Program took place Wednesday, July 30th at The Willard Hotel. Our very own Frank Hodas presented the 100 Year Old Business of the Year award to The National Capital Bank of Washington. Other winners included: Q-Industries, Small Business of the Year and Latino Economic Development Corporation: MicroloanProgram, Small Business Initiative of the Year.
The event proved to be a success with opening remarks from Hon. Eleanor Holmes Norton, Representative, and Hon. Kwame Brown, At-Large Councilman. The keynote speaker was Jair Lynch, President and CEO of JKL Development Partners. Visit Washington, DC Economic Partnership's website to learn more about Doing Business in DC.
Brian McQuade selected as SmartCPA by SmartCEO
July 2006
Brian McQuade, our managing partner, was selected as a SmartCPA, one of the top CPAs in the greater Washington area, by SmartCEO magazine. Brian's name was selected from nominations provided by SmartCEO readers and members of the Greater Washington Society of CPAs. The awards program was launched in 2005 to recognize CPAs at the top of their field who embody leadership, accomplishment, innovation and success. Winners are chosen by a panel of experts and featured in the July issue of the magazine.
McQuadeBrennan joins GMN Enterprise
January 2006
Our firm joined GMN Enterprise, a global alliance of leading independent accounting and consulting firms. This new relationship allows McQuadeBrennan to draw upon the combined resources, experience and professional knowledge of over 100 member firms in 35 countries.
