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Posts by Tyler von Lange

How to Claim a Home Office Deduction

With the rise in remote work, many people who would traditionally commute to an office or jobsite every day are now working from home. There may be tax benefits for individuals who find themselves setting up shop at home for the foreseeable future....
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Maryland Changes Tax Payments for Pass-through Entities

Taxpayers and tax professionals alike have debated the merits and faults of The Tax Cuts and Jobs Act of 2017 (TCJA) over the last two years. One change that has negatively affected many individuals who itemize their federal deductions is the $10,000...
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Accounting for Computer Software Costs

Computer software drives the world. Businesses use software to account for transactions, communicate with colleagues and customers, and design and manufacture new products. One thing is clear: without software, we’d be lost. Accounting for the costs...
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How to Report Cryptocurrency Transactions

The IRS recently publicized that it will be cracking down on taxpayers for not properly reporting cryptocurrency transactions. In this article, we’ll summarize different types of transactions and how the IRS has recommended they be reported.
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New Tax Benefit for Employers Offering Family and Medical Leave

There continues to be a lot of discussion about the Tax Cuts and Jobs Act, signed into law in December 2017. There are new tax rates for individuals and corporations and different ways to apply existing provisions of the tax code. One new credit,...
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