This month, Longman & Van Grack attorney Robb Longman was selected as the Tax Law Contributing Editor of the Greater Baltimore Edition of Attorney at Law Magazine. Robb's Feature Article this month in the magazine is titled "An Overview of Maryland Sales…
With tax filing season in full swing, taxpayers should be aware of their responsibility for the content of their own tax returns, even if they do not prepare the tax return. A significant portion of taxpayers will hire an accountant…
The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 restructures the due dates and filing deadlines for partnership and C corporation tax returns beginning with the 2016 tax year. Once the new rules take effect, partnerships will…
In a move designed to ease the paperwork and record keeping burdens faced by small businesses, the IRS on November 24 announced an increase to the de minimis safe harbor thresholds that permit taxpayers to fully deduct expenditures for certain…
The Comptroller of the State of Maryland Peter Franchot announced today that his office will be proposing the Maryland Taxpayer Protection Act. The legislative act will need to be approved by the General Assembly of Maryland (Maryland's legislative body), but if…
The Internal Revenue Service’s Offer in Compromise program provides taxpayers with the ability settle their tax debts for less than the full tax liability. The Offer in Compromise program is available for both individuals and business/corporate taxpayers. The Offer in Compromise program can…
Beginning today through this weekend, Longman & Van Grack Attorney Robb Longman will be presenting at multiple CLE Programs at the 2015 American Bar Association (ABA) Section of Taxation and Section of Real Property, Trust & Estate Law, Trust & Estate…
Last week, the Supreme Court of the United State of America issued a significant ruling in favor of Maryland taxpayers. In the case of Comptroller of the Treasury of Maryland v. Wynne et ux., the Court ruled thattaxpayers must be…
How Great a Tax Burden Do Maryland Businesses and Individuals Bear Marylands Department of Business & Economic Development (which tries to bring more businesses into the state) claims that the states tax climate is advantageous to businesses. According to the…
Under a law designed to catch drug lords, organized crime bosses, and terrorists, the IRS has been seizing funds of ordinary citizens without even alleging that they committed a crime. Their offense has been to make bank deposits of cash…
