Insights

Tax

3 min read

Tax Relief for Businesses and Individuals - Pending Bill

The House Ways and Means Committee voted January 19th to advance a $79 billion tax bill that includes several key individual and business tax breaks....

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2 min read

Maryland PTES -  Payment processing delays &  Erroneous Notices

Comptroller of Maryland Issues Letter Acknowledging Delays Processing PTE Payments and the Issuance of Erroneous Notices.

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1 min read

Maryland Declared the Digital Gross Revenues Tax not constitutional

On May 9, The Maryland State Supreme Court breathed new air into the sails of a state sales tax on digital advertising services. On that day, the...

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1 min read

Tax Relief For Combined State and Local income Taxes over $10,000

Virginia's residents can now avoid the effects of the $10,000 ceiling on state and local taxes enacted by Congress in 2017. In making the change,...

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1 min read

New Corporate Minimum Tax & Excise Tax on Stock Repurchases

On August 7, 2022, the Senate passed the Inflation Reduction Act of 2022 (IRA). The extensive bill, among other things, includes a new corporate...

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1 min read

Renewable Energy Update

On August 7, 2022, the Senate passed the Inflation Reduction Act of 2022 (IRA). The extensive bill, among other things, affects renewable tax credits...

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1 min read

Avoiding Problems with 1031 Exchanges

A 1031 exchange is a transaction allowed under the IRS code that allows an investor to sell one property and buy another without incurring immediate...

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