Longman & Van Grack is proud to announce that our attorney, Robb Longman, has been elected Assistant Secretary of the American Bar Association ("ABA")'s Section of Taxation this afternoon. Previously, Mr. Longman, who is the Chair of the Firm's Tax…
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 The BBA legislation repealed the current unified partnership audit regime, which was enacted by…
Maryland Sales Tax is a tax assessed by the Comptroller of Maryland and collected by businesses who provide goods and certain services. While the sales tax is actually due from the person or entity that is purchasing the taxable item…
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…
Beginning today through this weekend, Longman & Van Grack Tax Attorney Robb Longman will be presenting at multiple Programs at the American Bar Association (ABA)'s Section of Taxation to the 2017 Midyear Meeting in Orlando Florida. First, Robb will be…
Longman & Van Grack Attorney Robb Longman, who is the current Chair of the Maryland State Bar Association’s (MSBA) Tax Section, has been named the Vice Chair of the American Bar Association's (ABA) Section of Taxation Closely Held Businesses Committee. The…
Last week, John Oliver, on Last Week Tonight with John Oliver, purchased the medical debt of numerous individuals totaling an amount of approximately $15,000,000. John Oliver set up a company and then purchased the medical debt of $15,000,000 for approximately…
Recently, many online travel companies are being assessed taxes from different state and local governments. Specifically, the online travel companies are being assessed a rental tax in many circumstances. Maryland House of Delegates Bill 209 ("HB 209") recently amended the Maryland…
Everyone is fearful of an audit from the Internal Revenue Commission (IRS). An IRS audit causes panic and fear in most individuals and businesses. However, the IRS has recently announced some good news for individuals regarding IRS audit rates. The IRS's…
The IRS has reported that email phishing tax scams have increased by 400% for the 2016 filing season. Taxpayers should be aware that the IRS does not email taxpayers. In addition, taxpayers should be cautious about which tax filing software…
