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All About Tax

Important Update for Maryland Landlords: New Lease Requirement Takes Effect July 1, 2025

If you are a landlord or developer who leases residential property in Maryland, there’s an important new requirement you need to be aware of.
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Tariffs 101 for Manufacturing Business Owners

In today’s global economy, suppliers stretch across the world. Business owners rely on the easy movement of goods and materials. However, international trade policies — specifically tariffs — can disrupt these flows. As political tensions rise and new...
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New Tax Laws Have Significant Implications for Maryland Taxpayers

The Maryland General Assembly recently passed the Budget Reconciliation and Financing Act of 2025. This new bill has significant tax implications for Maryland business owners and individuals. Let’s review the legislation’s provisions that will have the...
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How Manufacturers Can Claim the R&D Tax Credit [Video]

Many manufacturers don’t realize they could be leaving money on the table. If your business invests in innovation — whether that’s developing new products, improving processes or enhancing existing technologies — you could qualify for the research and...
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Federal Government Says Goodbye to Paper-Based Payments

The federal government is officially waving goodbye to paper checks. On March 25, President Trump issued an executive order aimed at modernizing how the U.S. government sends and receives payments. Here’s a breakdown of what you need to know.
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FinCEN Scraps Beneficial Ownership Information Filing Requirement for Domestic Companies

The Financial Crimes Enforcement Network announced that entities created in the U.S. and their beneficial owners are now exempt from the requirement to report Beneficial Ownership Information (BOI) to FinCEN, alleviating a regulatory burden many business...
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