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
Inherited an IRA? It’s Not Always 100% Taxable
Beneficiaries of an inherited individual retirement account (IRA) are typically not privy to the... 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
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
Blog
Employer-Owned Life Insurance Policies: Tax Treatment & Reporting Requirements
In the past, money received through a life insurance contract, paid by reason of the death of the... more
Past Speaking Engagement
Michael Colavito Spoke at a Praxity Webinar on Wayfair Fallout
Michael Colavito, a director in the state and local tax practice of Aronson’s Tax Services Group,... more
Blog
Junk Food Good, Nutritious Meals Bad?
The Tax Cuts and Jobs Act (TCJA) made significant changes to a company’s ability to deduct meal... 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
Social Security “No Match” Letters Are Back and Shouldn’t Be Taken Lightly
In March 2019, the Social Security Administration (SSA) announced that it will begin to notify... more
Blog
Artificial Intelligence to Help Resource-Strapped IRS More Efficiently Identify Tax Crimes
Tax criminals beware: like the hosts in Westworld, the Internal Revenue Service (IRS) is becoming... more
Blog
Donations of Food Inventory Equals Sizeable Charitable Deductions for Restaurants
Restaurants that donate food inventory to charitable organizations could have the opportunity to... more