Innocent Spouse Relief addresses the potential release tax liability of an individual spouse when they content that only their spouse is liable for the debt. When spouses file a joint tax return they are jointly and severally liable for the tax…
Longman & Van Grack is pleased to announce that Robb A. Longman has been elected as a fellow of American College of Tax Counsel (ACTC). The ACTC is a non-profit professional association that recognized tax attorneys who have made a…
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 The BBA legislation repealed the current unified partnership audit regime, which was enacted by…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…
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…
Recently, BNA Bloomberg published its Tax Management Memorandum which included an article titled "Buying and Selling Tax-Encumbered Businesses" authored by Longman & Van Grack attorney Robb Longman. The article discusses how when a party is purchasing a business, it is…
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…
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…
Statistics show that many individuals never create a last will and testament. While not everyone needs to have a will, there is almost always a benefit for an individual to have created a will to ensure that their families are…
