--- title: Machen McChesney Blog | Marty Williams, CPA description: Marty Williams has worked in the accounting profession for 27 years, almost all of which has been at Machen McChesney where he specializes in tax, 1031 exchanges and business advisory services. Industries expertise includes construction, manufacturing, real estate, professional services and healthcare. In addition to firm management, Marty works with business core processes and the Business Tax and Business Advisor Services groups on ways to consistently return value to Machen McChesney clients. --- [Family of Services](http://machenmcchesney.com/about-us/family-of-companies/)  |  [CPA & Business Advisory](http://machenmcchesney.com)  |  [Payroll, HR & Benefits](http://focuspaysolutions.com/)  |  [Wealth Management](http://machenmcchesney.com/services/financial-planning-and-wealth-mangement-services/) Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900 [![mm-cobrand-fd-blues](https://info.machen.cpa/hs-fs/hubfs/mm-cobrand-fd-blues.png?width=279&height=100&name=mm-cobrand-fd-blues.png)](http://machenmcchesney.com) Search this site on Google Search Google Search this site on Google Search Google - [Client Portal](https://machenmcchesney.sharefile.com/Authentication/Login) - [1040 Electronic Organizer](https://www.my1040data.com/account/login/HT7902990) - [LinkedIn](https://www.linkedin.com/company/675439?trk=tyah&trkInfo=idx%3A1-1-1%2CtarId%3A1424436970395%2Ctas%3Amachen+mcchesney) - 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Industries expertise includes construction, manufacturing, real estate, professional services and healthcare. In addition to firm management, Marty works with business core processes and the Business Tax and Business Advisor Services groups on ways to consistently return value to Machen McChesney clients. ### Recent Posts ## [Self-Employed? Don't Overlook a Roth IRA](https://info.machen.cpa/blog/self-employed-dont-overlook-a-roth-ira) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Jun 22, 2026 [![](https://info.machen.cpa/hubfs/IRA%20-1978546408-social.jpg)](https://info.machen.cpa/blog/self-employed-dont-overlook-a-roth-ira) Some small business owners overlook Roth IRAs because they assume their income is too high for them to qualify to make Roth contributions. Others may think their current tax rate is higher than it will be in retirement, making current tax deductions more valuable than future tax-free distributions. However, if you don’t at least *consider* contributing to a Roth IRA, you may be missing a potentially valuable tax-saving opportunity. [Full Story](https://info.machen.cpa/blog/self-employed-dont-overlook-a-roth-ira) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) ## [Increase Your Current Business Deductions Under Tangible Property Safe Harbors](https://info.machen.cpa/blog/increase-your-current-business-deductions-under-tangible-property-safe-harbors) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Feb 04, 2026 [![](https://info.machen.cpa/hubfs/SafeHarbor-social.jpg)](https://info.machen.cpa/blog/increase-your-current-business-deductions-under-tangible-property-safe-harbors) Did your business make repairs to tangible property, such as buildings, equipment, or vehicles, in 2025? Such costs may be fully deductible on your 2025 income tax return — if they weren’t actually for “improvements” that must be depreciated over a period of years. [Full Story](https://info.machen.cpa/blog/increase-your-current-business-deductions-under-tangible-property-safe-harbors) Posted in [Taxation](https://info.machen.cpa/blog/topic/taxation) ## [Explore SEP and SIMPLE Retirement Plans for Your Small Business](https://info.machen.cpa/blog/explore-sep-and-simple-retirement-plans-for-your-small-business) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Apr 23, 2025 [![](https://info.machen.cpa/hubfs/Retirement%20plan%20-1066890788-1.jpeg)](https://info.machen.cpa/blog/explore-sep-and-simple-retirement-plans-for-your-small-business) Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of options to consider. Let’s take a look at a Simplified Employee Pension (SEP) and a Savings Incentive Match Plan for Employees (SIMPLE). [Full Story](https://info.machen.cpa/blog/explore-sep-and-simple-retirement-plans-for-your-small-business) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [The Amount You and Your Employees Can Save for Retirement Is Going Up Slightly in 2025](https://info.machen.cpa/blog/the-amount-you-and-your-employees-can-save-for-retirement-is-going-up-slightly-in-2025) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Nov 13, 2024 [![](https://info.machen.cpa/hubfs/401K-1429967626-1-1.jpeg)](https://info.machen.cpa/blog/the-amount-you-and-your-employees-can-save-for-retirement-is-going-up-slightly-in-2025) How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living adjustments that apply to the dollar limitations for retirement plans, as well as other qualified plans, for 2025. With inflation easing, the amounts aren’t increasing as much as in recent years. [Full Story](https://info.machen.cpa/blog/the-amount-you-and-your-employees-can-save-for-retirement-is-going-up-slightly-in-2025) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) ## [How Can You Build a Golden Nest Egg If You're Self-Employed?](https://info.machen.cpa/blog/how-can-you-build-a-golden-nest-egg-if-youre-self-employed) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Nov 04, 2024 [![](https://info.machen.cpa/hubfs/Retirement%20Plan%202149847038-1.jpeg)](https://info.machen.cpa/blog/how-can-you-build-a-golden-nest-egg-if-youre-self-employed) If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) plan. This is also an option for self-employed individuals or business owners who wish to upgrade from a SIMPLE IRA or Simplified Employee Pension (SEP) plan. [Full Story](https://info.machen.cpa/blog/how-can-you-build-a-golden-nest-egg-if-youre-self-employed) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) ## [2024 Presidential Election: What's at Stake for the Asset Management Industry](https://info.machen.cpa/blog/2024-presidential-election-whats-at-stake-for-the-asset-managment-industry) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Sep 13, 2024 [![](https://info.machen.cpa/hubfs/Election%202024%20-2167037324-1.jpeg)](https://info.machen.cpa/blog/2024-presidential-election-whats-at-stake-for-the-asset-managment-industry) The 2024 election is likely to profoundly impact tax policy and legislation. Once the dust settles on the results, the incoming president and Congress will have a tall task in 2025, as the expiration of several 2017 Tax Cuts and Jobs Act (TCJA) provisions will loom large, and many other tax policy proposals will be on the table. All of the moving parts have inspired pundits to refer to 2025 as a year we will see the “Super Bowl of Tax”.  [Full Story](https://info.machen.cpa/blog/2024-presidential-election-whats-at-stake-for-the-asset-managment-industry) Posted in [Taxation](https://info.machen.cpa/blog/topic/taxation) ## [Is an ESOP the Right Choice for Your Company?](https://info.machen.cpa/blog/is-an-esop-the-right-choice-for-your-company) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Jul 03, 2024 [![](https://info.machen.cpa/hubfs/ESOP%20-%20506008558-1.jpeg)](https://info.machen.cpa/blog/is-an-esop-the-right-choice-for-your-company) Employee stock ownership plans have been in the headlines recently, but they have been around for decades. ESOPs are qualified defined contribution plans in the form of stock bonus plans or stock purchase/money purchase plans. They are governed by Internal Revenue Code Section 401(a) and the Employee Retirement Income Security Act, also known as ERISA. [Full Story](https://info.machen.cpa/blog/is-an-esop-the-right-choice-for-your-company) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Real Estate Wealth Transfer Strategies](https://info.machen.cpa/blog/real-estate-wealth-transfer-strategies) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Jun 13, 2024 [![](https://info.machen.cpa/hubfs/House%20on%20top%20of%20money%20-1195079487-1.jpeg)](https://info.machen.cpa/blog/real-estate-wealth-transfer-strategies) For high-net-worth individuals, the art of wealth transfer extends beyond merely providing financial assistance to future generations; it is about strategically positioning the next generation for personal success. Unfortunately, it also requires navigating a complex landscape of income, gift, and estate taxes.  [Full Story](https://info.machen.cpa/blog/real-estate-wealth-transfer-strategies) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) ## [Growing Your Business With a New Partner: Here Are Some Tax Considerations.](https://info.machen.cpa/blog/growing-your-business-with-a-new-partner-here-are-some-tax-considerations) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on May 06, 2024 [![](https://info.machen.cpa/hubfs/Partnership%20-855054384-1.jpeg)](https://info.machen.cpa/blog/growing-your-business-with-a-new-partner-here-are-some-tax-considerations) There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate: You and your partners are planning to admit a new partner. The new partner will acquire a one-third interest in the partnership by making a cash contribution to the business. Assume that your basis in your partnership interests is sufficient so that the decrease in your portions of the partnership’s liabilities because of the new partner’s entry won’t reduce your basis to zero. [Full Story](https://info.machen.cpa/blog/growing-your-business-with-a-new-partner-here-are-some-tax-considerations) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Don't Have a Tax-Favored Retirement Plan? Set One up Now.](https://info.machen.cpa/blog/dont-have-a-tax-favored-retirement-plan-set-one-up-now) ![](https://info.machen.cpa/hubfs/Marty%20Williams%202025%20update.jpg) Posted by [Marty Williams, CPA](https://info.machen.cpa/blog/author/marty-williams-cpa) on Apr 16, 2024 [![](https://info.machen.cpa/hubfs/Retirement%20plan%20-963482556-1.jpeg)](https://info.machen.cpa/blog/dont-have-a-tax-favored-retirement-plan-set-one-up-now) If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions. [Full Story](https://info.machen.cpa/blog/dont-have-a-tax-favored-retirement-plan-set-one-up-now) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) [Next](https://info.machen.cpa/blog/author/marty-williams-cpa/page/2) Search this site on Google Search Google ### Recent Posts ### Subscribe to Blog ### Posts by Category - [Business Tax (356)](https://info.machen.cpa/blog/topic/business-tax) - [Business Advisory (238)](https://info.machen.cpa/blog/topic/business-advisory) - [Payroll, HR & Benefits (124)](https://info.machen.cpa/blog/topic/payroll-hr-benefits) - [Audit & Assurance (113)](https://info.machen.cpa/blog/topic/audit-assurance) - [Accounting & Outsourcing (81)](https://info.machen.cpa/blog/topic/accounting-outsourcing) - [Individual Tax (75)](https://info.machen.cpa/blog/topic/individual-tax) - [Tax Planning (33)](https://info.machen.cpa/blog/topic/tax-planning) - [Tax Updates (25)](https://info.machen.cpa/blog/topic/tax-updates) - [Retirement & Wealth Management Planning (18)](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) - [Taxation (15)](https://info.machen.cpa/blog/topic/taxation) - [Alerts (13)](https://info.machen.cpa/blog/topic/alerts) - [Business Valuation (11)](https://info.machen.cpa/blog/topic/business-valuation) - [News & Events (11)](https://info.machen.cpa/blog/topic/news-events) - [Tax News (11)](https://info.machen.cpa/blog/topic/tax-news) - [Individual Tax Planning (10)](https://info.machen.cpa/blog/topic/individual-tax-planning) - [Not For Profit (10)](https://info.machen.cpa/blog/topic/not-for-profit) - [Retirement Planning (9)](https://info.machen.cpa/blog/topic/retirement-planning) - [Estate Planning (8)](https://info.machen.cpa/blog/topic/estate-planning) - [Manufacturing Industry Insights (7)](https://info.machen.cpa/blog/topic/manufacturing-industry-insights) - [Individuals (1)](https://info.machen.cpa/blog/topic/individuals) - [Insider (1)](https://info.machen.cpa/blog/topic/insider) - [Professional Standard News (1)](https://info.machen.cpa/blog/topic/professional-standard-news) see all [![Returning\_Value](https://info.machen.cpa/hs-fs/file-2504250850-jpg/Machen-Blog-Image/Returning_Value.jpg)](http://machenmcchesney.com/about-us/mission-and-values/) - [![AICPA](https://machenmcchesney.com/img/logos/aicpa.jpg)](https://www.aicpa-cima.com/) - [![NACVA](https://machenmcchesney.com/img/logos/nacva.jpg)](http://www.nacva.com/) - ![2026 INSIDE Public Accounting Top 400](https://machenmcchesney.com/img/2026-ipa-top-400.jpg) - ![2026 Best of Auburn-Opelika](https://machenmcchesney.com/img/2026-best-of-auburn-opelika.jpg) - [![2025 Best of OA](https://machenmcchesney.com/img/2025-best-of-oa.jpg)](https://oanow.com/exclusive/readerschoice/ballot-2025/) - ![2026 Best of OA Winner](https://machenmcchesney.com/img/2026-best-of-oa-winner.jpg) - [![2025 Accounting Today Regional Leaders](https://machenmcchesney.com/img/2025-accounting-today-regional-leaders.jpg)](https://www.accountingtoday.com/) - [![ClearlyRated Best of Accounting](https://machenmcchesney.com/img/2024-best-of-accounting.jpg)](https://www.clearlyrated.com/accounting) - [![ClearlyRated Best of Accounting Employee](https://machenmcchesney.com/img/2024-best-of-accounting-employee.jpg)](https://www.clearlyrated.com/accounting) 1820 East University Drive, Auburn, AL 36830 | Tel: (334) 887-7022 | Fax: (334) 887-7221 1761 Taliaferro Trail, Montgomery, AL 36117 | Tel: (334) 244-8900 | Fax: (334) 364-0927 † This is not a CPA firm. \* Assurance, attest, and audit services provided by Frazier & Deeter, LLC. “Frazier & Deeter” is the brand name under which Frazier & Deeter, LLC\* and Frazier & Deeter Advisory, LLC† and its subsidiary entities provide professional services. 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