Blog
What You Need to Know about Virginia’s New Sales & Use Tax Collection Requirements
Many states have updated their laws since the Supreme Court issued its South Dakota v. Wayfair... more
Blog
Is Your Business Ready for the District’s New Paid Family Leave Payroll Tax?
In less than two weeks, the Department of Employment Services will begin requiring District of... more
Blog
IRS Announces Error in Instructions in Capital Gains Tax Calculation for Forms 1040 and 1041
The Internal Revenue Service (IRS) recently announced that the instructions for calculating tax on... more
Blog
IRS Releases HSA Contribution Limits for 2020
The Internal Revenue Service (IRS) recently released the 2020 annual contribution limits for health... more
Blog
Retirement Plan Voluntary Correction Program Enhanced
One of the longstanding, basic tenets of the qualified retirement plan world is the concept of... more
Blog
Guidance Issued on Calculating and Reporting the QBI Deduction for Tax-Exempt Trusts
The IRS has issued guidance to tax-exempt trusts with unrelated business income, which claim the... more
Blog
House Takes First Step to Changing Retirement Plans
For several months, we have heard that some changes to retirement plan were on the horizon. The... more
Resource
Lease Accounting Under ASC 842
One of the most significant accounting overhauls to impact businesses is here. Are you ready for... more
Blog
Maximizing Tax Benefits from Charitable Contributions after Tax Reform, Part II
The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated or impacted many aspects of individual income... more
Blog
Maryland Comptroller Clarifies GILTI Treatment
On April 17, 2019, the Comptroller of Maryland issued a Tax Alert to provide guidance to taxpayers... more
Blog
Virginia is for Lovers—and Internet Sales Tax
Virginia became the latest jurisdiction to implement an economic nexus standard for sales and use... more
Blog
The Deductibility of an Estate’s Excess Deductions to Beneficiaries
As we planned for and now prepare estate and trusts returns for 2018, beneficiaries and executors... more