--- title: Machen McChesney Blog | Marty Williams, CPA (2) 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. (2) --- [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-re-cobrand-fd-blues](https://info.machen.cpa/hs-fs/hubfs/mm-re-cobrand-fd-blues.png?width=279&height=100&name=mm-re-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) - [Facebook](https://www.facebook.com/machenmcchesney) - [Google](https://plus.google.com/101356546927388458481) - [Twitter](https://twitter.com/machenmcchesney) - About Us - [Welcome](http://machenmcchesney.com/about-us/welcome/) - [Affiliations and Associations](http://machenmcchesney.com/about-us/affiliations-and-associations/) - [Community Events](http://machenmcchesney.com/about-us/community-events/) - [Family of Companies](http://machenmcchesney.com/about-us/family-of-companies/) - [History](http://machenmcchesney.com/about-us/firm-profile-history/) - [Mission and Values](http://machenmcchesney.com/about-us/mission-and-values/) - [Team Directory](http://machenmcchesney.com/about-us/team-directory/) - Services - [Accounting & Outsourcing](http://machenmcchesney.com/services/accounting-outsourcing/) - [Audit and Assurance Services](http://machenmcchesney.com/services/audit-assurance/) - [Business Advisory Services](http://machenmcchesney.com/services/business-advisory/) - [Business Valuation Services](http://machenmcchesney.com/services/business-valuation-services/) - [Family Office Services](http://machenmcchesney.com/services/family-care/) - [Financial Planning & Wealth Mangement Services](http://machenmcchesney.com/services/financial-planning-and-wealth-mangement-services/) - [Individual Services](http://machenmcchesney.com/services/individuals/) - [Taxation](http://machenmcchesney.com/services/taxation/) - Who We Serve - [Construction & Real Estate](http://machenmcchesney.com/industries/construction-real-estate/) - [Credit Unions](http://machenmcchesney.com/industries/credit-unions/) - [Government & Not-For-Profits](http://machenmcchesney.com/industries/governmental-not-for-profit/) - [Healthcare & Professional Services](http://machenmcchesney.com/industries/healthcare-and-professional-services/) - [Hospitality, Restaurant & Retail](http://machenmcchesney.com/industries/hospitality-restaurant-retail/) - [Manufacturing, Distribution & Automotive](http://machenmcchesney.com/industries/manufacturing-distribution-automotive/) - [Success Stories](http://machenmcchesney.com/success-stories) - Resources - [Blog](https://info.machenmcchesney.com/blog) - [E-Newsletter Archive](http://machenmcchesney.com/resources/e-newsletter-archive/) - [Financial Calculators](http://machenmcchesney.com/resources/financial-calculators/) - [Financial Terms Glossary](http://machenmcchesney.com/resources/financial-terms-glossary/) - [Helpful Articles](http://machenmcchesney.com/resources/newsletter/) - [Tax Calendar](http://machenmcchesney.com/resources/tax-calendar/) - [Tax Links](http://machenmcchesney.com/resources/tax-links/) - [Track Your Refund](http://machenmcchesney.com/resources/track-your-refund/) - [Sign Up for Our E-Newsletter](http://machenmcchesney.com/resources/e-newsletter/) - [Subscribe to Our Blog](http://machenmcchesney.com/resources/subscribe-to-the-machen-mcchesney-blog/) - News & Events - [Press Releases](http://machenmcchesney.com/news-events/press-releases/) - [Upcoming Events](http://machenmcchesney.com/news-events/upcoming-events/) - Careers - [Our Culture](http://machenmcchesney.com/careers/culture/) - [Benefits](http://machenmcchesney.com/careers/benefits/) - [Our Stories](http://machenmcchesney.com/careers/our-stories/) - [Current Openings](http://machenmcchesney.com/careers/current-openings-send-resume/) - [Accounting Internship Opportunities](http://machenmcchesney.com/careers/students/) - Contact Us - [Auburn-Opelika Office](http://machenmcchesney.com/contact-us/contact-us-auburn-office/) - [Montgomery Office](http://machenmcchesney.com/contact-us/contact-us-montgomery-office/) # Returning Value Blog ## Marty Williams, CPA 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. ### Recent Posts ## [We May Never See a Better Environment for Transferring Wealth](https://info.machen.cpa/blog/we-may-never-see-a-better-environment-for-transferring-wealth) ![](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 15, 2024 [![](https://info.machen.cpa/hubfs/Estate%20planning%20-824198358-1.jpeg)](https://info.machen.cpa/blog/we-may-never-see-a-better-environment-for-transferring-wealth) **We May Never See a Better Environment for Transferring Wealth … Here’s Why** It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025. Furthermore, legislation could curb lifetime exemption limits even sooner. The opportunity is even more pressing because the current market downturn represents an especially advantageous time to optimize your taxable estate before markets eventually recover. [Full Story](https://info.machen.cpa/blog/we-may-never-see-a-better-environment-for-transferring-wealth) Posted in [Retirement & Wealth Management Planning](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) ## [New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters into Effect.](https://info.machen.cpa/blog/new-requirement-to-cover-long-term-part-time-employees-in-401k-plans-enters-into-effect) ![](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 Jan 26, 2024 [![](https://info.machen.cpa/hubfs/401%20K-502127556-1.jpeg)](https://info.machen.cpa/blog/new-requirement-to-cover-long-term-part-time-employees-in-401k-plans-enters-into-effect) The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act of 2019) and the SECURE 2.0 Act of 2022 (collectively, SECURE) enacted a new mandate that, starting in 2024, long-term, part-time (LTPT) employees must be allowed to make salary deferrals into their employer’s 401(k) plan. [Full Story](https://info.machen.cpa/blog/new-requirement-to-cover-long-term-part-time-employees-in-401k-plans-enters-into-effect) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Planning Ahead for 2024: Should Your 401(k) Help Employees With Emergencies?](https://info.machen.cpa/blog/planning-ahead-for-2024-should-your-401k-help-employees-with-emergenices) ![](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 05, 2023 [![](https://info.machen.cpa/hubfs/401K%20908815234-1.jpeg)](https://info.machen.cpa/blog/planning-ahead-for-2024-should-your-401k-help-employees-with-emergenices) The SECURE 2.0 law, enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will soon be able to provide more help to staff members facing emergencies. This will be done through what the law calls “pension-linked emergency savings accounts.” [Full Story](https://info.machen.cpa/blog/planning-ahead-for-2024-should-your-401k-help-employees-with-emergenices) Posted in [Retirement Planning](https://info.machen.cpa/blog/topic/retirement-planning) ## [Selecting a Qualified Auditor for Your Employee Benefit Plan](https://info.machen.cpa/blog/selecting-a-qualified-auditor-for-your-employee-benefit-plan) ![](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 Aug 02, 2023 [![](https://info.machen.cpa/hubfs/Employee%20benefit%20plan%20-%20869815728-1.jpeg)](https://info.machen.cpa/blog/selecting-a-qualified-auditor-for-your-employee-benefit-plan) Does your organization offer health care and retirement benefits for its employees? Benefit plans with 100 or more participants are generally required to have their annual reports audited under the Employee Retirement Income Security Act of 1974 (ERISA). Here’s some guidance to help plan administrators fulfill their fiduciary responsibilities for hiring independent qualified public accountants to perform audits. [Full Story](https://info.machen.cpa/blog/selecting-a-qualified-auditor-for-your-employee-benefit-plan) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [What's Driving Margin Erosion in Healthcare?](https://info.machen.cpa/blog/whats-driving-margin-erosion-in-healthcare) ![](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 12, 2023 [![](https://info.machen.cpa/hubfs/Margin%20Erosion%20in%20Healthcare%202.jpeg)](https://info.machen.cpa/blog/whats-driving-margin-erosion-in-healthcare) Healthcare Has a Margin Erosion Problem The past few years have significantly destabilized the healthcare industry’s financial footing. According to our [2023 Healthcare CFO Outlook Survey](https://insights.bdo.com/2023-BDO-Healthcare-CFO-Outlook-Survey.html), 60% of healthcare CFOs could not meet the terms of their bond or loan covenants in 2022 — up from 41% in 2021. [Full Story](https://info.machen.cpa/blog/whats-driving-margin-erosion-in-healthcare) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Why Can't My Profitable Business Pay Its Bills?](https://info.machen.cpa/blog/why-cant-my-profitable-business-pay-its-bills) ![](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 23, 2023 [![](https://info.machen.cpa/hubfs/Invoices%201449221167-1.jpeg)](https://info.machen.cpa/blog/why-cant-my-profitable-business-pay-its-bills) If your profitable business has trouble making ends meet, it’s not alone. Many business owners mistakenly equate profits with cash flow, leading to shortfalls in the checking account. The truth is that there are many reasons these numbers might differ. [Full Story](https://info.machen.cpa/blog/why-cant-my-profitable-business-pay-its-bills) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Retirement Saving Options for Your Small Business: Keep It Simple](https://info.machen.cpa/blog/retirement-saving-options-for-your-small-business-keep-it-simple) ![](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 14, 2023 [![](https://info.machen.cpa/hubfs/retirement%20-921356620-1.jpeg)](https://info.machen.cpa/blog/retirement-saving-options-for-your-small-business-keep-it-simple) If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried 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) or a “savings incentive match plan for employees” (SIMPLE). [Full Story](https://info.machen.cpa/blog/retirement-saving-options-for-your-small-business-keep-it-simple) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Key Tax Issues in M&A Transactions](https://info.machen.cpa/blog/key-tax-issues-in-ma-transactions) ![](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 15, 2023 [![](https://info.machen.cpa/hubfs/M%26A%201283214845-1.jpeg)](https://info.machen.cpa/blog/key-tax-issues-in-ma-transactions) Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A transactions in North America in 2022 was down 41.4% from 2021, according to S&P Global Market Intelligence. [Full Story](https://info.machen.cpa/blog/key-tax-issues-in-ma-transactions) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [New Law Ushers in Major Retirement Changes](https://info.machen.cpa/blog/new-law-ushers-in-major-retirement-changes) ![](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 Jan 12, 2023 [![](https://info.machen.cpa/hubfs/Retirement%20plan%20-%20963506476-1.jpeg)](https://info.machen.cpa/blog/new-law-ushers-in-major-retirement-changes) There's been buzz about new retirement plan provisions for weeks, and now they're final, bringing about changes to various federal rules and adding flexibility for current and future retirees. The Secure 2.0 Act of 2022, part of the Consolidated Appropriations Act of 2023, includes the following modifications, some of which are immediate and others that will take effect in the future. [Full Story](https://info.machen.cpa/blog/new-law-ushers-in-major-retirement-changes) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Intangible Assets: How Must the Costs Incurred Be Capitalized?](https://info.machen.cpa/blog/intangible-assets-how-must-the-costs-incurred-be-capitalized) ![](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 Dec 16, 2022 [![](https://info.machen.cpa/hubfs/Intangible%20Assets.jpeg)](https://info.machen.cpa/blog/intangible-assets-how-must-the-costs-incurred-be-capitalized) These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. **What makes intangibles so complicated?** [Full Story](https://info.machen.cpa/blog/intangible-assets-how-must-the-costs-incurred-be-capitalized) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) [Previous](https://info.machen.cpa/blog/author/marty-williams-cpa/page/1) [Next](https://info.machen.cpa/blog/author/marty-williams-cpa/page/3) 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 (239)](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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