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
Blog
Late Tax Return Filing May Mean Reduced Social Security Benefits
Late filing your tax returns? Here’s another reason to quickly get into compliance: You may be... more
Blog
Virginia Amends Residency Definition for Estates and Trusts
On February 15, Virginia amended its estate/trust residency statute by removing one of the... more
Blog
Tax Saving Strategy: Hire Your Kids
One often overlooked tax saving strategy is to hire your children to work for your business,... more
Resource
Revenue Recognition Lessons Learned
When it comes to revenue recognition, time is not on your side. The effective date for Accounting... more
Blog
State Legislatures Tackling TCJA Conformity or Nonconformity
States have had a year to consider the impact of the Tax Cuts and Job Act of 2018 (TCJA), and now... more
Blog
Normalizing Owner Compensation
When performing a business valuation, I always consider making adjustments to revenue and/or... more
Blog
Notice and Reporting Deadlines Approaching for Incentive Stock Option and Employee Stock Purchase Plans
Under Section 6039 of the Internal Revenue Code, corporations are required to furnish statements to... more