On June 13, 2017, the IRS re-released proposed regulations that spell out partnership audit procedures under the 2015 legislation known as the Bipartisan Budget Act ("BBA"). The BBA legislation repealed the current unified partnership audit regime, which was enacted by…
Teaming Agreements are created to allow prime contractors and subcontractors to agree to combine resources to bid on major government contracts. A properly-drafted teaming agreement in Maryland addresses just how the prime contractor and subcontractor will combine their respective resources…
On July 10, 2017, the United States Coast Guard published an Interim Rule in the Federal Register [82 FR 31719] which -- as of the publication date, July 10, 2017 -- allows the Coast Guard to close an approximately two-mile…
Your mom always used to say that “an ounce of prevention is worth a pound of cure.” When it comes to your business, no truer words have ever been spoken. Given the many and relatively easy ways entrepreneurs can insulate…
The Internal Revenue Service (IRS) aggressively litigates and pursues tax violators and, thus, they are not a party with whom you want to find yourself in a tax audit dispute with. The IRS is relentless in collecting the tax money they…
In Maryland, claims for misappropriation of trade secrets are governed by the Maryland Uniform Trade Secrets Act, Md. Code Ann., Com. Law §§ 11-1201. Any trade secret lawsuit in Maryland will be governed by this Maryland trade secrets law. The…
Purchasing a small business in Maryland, Virginia, or Washington, DC can be a complicated process fraught with anxiety. Since most large business purchases involve some degree of bank financing, the bank can dictate some of the trickier aspects of a…
Longman & Van Grack’s trial litigation and commercial litigation group recently received a full defense jury verdict for one of its small business clients who had been sued in the Circuit Court for Prince George’s County, Maryland for unfair competition,…
Buying or selling a business in Maryland, Washington DC, or Virginia can be a complicated process. There are numerous legal decisions which must be made by the both the seller and purchaser, and many different legal and tax ramifications of…
As you may have heard, earlier this week former Uber employee Susan Fowler shared a blog post detailing her brief though fascinatingly disturbing stint as an engineer at Uber. This issue directly addresses workplace harassment. The Internet was atwitter as…
