How Divorce Attorneys Can Leverage a Financial Advisor | Free Webinar
Navigating Maryland’s New Tax Law Changes | Free Webinar

All About Tax (12)

Phantom Income: Pass-Through Entity Income Used for Support In Divorce Cases

Calculating income for support purposes, whether it be child support or alimony, can be complicated. For owners of pass-through entities (“PTEs”), it can be especially difficult.
Read The Full Blog
Filter Blog Posts By Topic

How Long Should I Keep Tax Records?

Figuring out how long you need to keep your tax records can be tricky. The easiest (and vaguest) answer is that it depends.
Read The Full Blog

6 Things to Know About Virginia’s New Budget Bill

On May 27, 2020 Virginia enacted a biennial budget bill containing various corporate and personal income tax provisions. Here is a summary of six key changes that’ll impact corporate and individual taxpayers.
Read The Full Blog

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...
Read The Full Blog

The Nonprofit “Parking Tax” Was Repealed

On December 20, 2019, the “parking tax” for nonprofits was repealed. The parking tax, otherwise known as the taxation of transportation fringe benefits by nonprofit employers under Section 512(a)(7), was first brought into law with the passing of the Tax...
Read The Full Blog

Exposure to Personal Liability of Business Owners and Employees Increases Thanks to Wayfair Court Decision

The Supreme Court’s decision in South Dakota vs. Wayfair continues to have a ripple effect for businesses with interstate sales. With the Wayfair decision adding potentially significant sales tax exposure to some businesses, there is also the potential...
Read The Full Blog

Get The Latest Business, Tax And Financial Insights.