Blog
COVID-19 Relief Provided for Qualified Opportunity Funds and Investors
To provide relief in response to the COVID-19 pandemic for Qualified Opportunity Funds (QOFs),... more
Blog
Is your ITIN Expiring?
Is your ITIN Expiring? At the end of this year, certain Individual Taxpayer Identification... more
Blog
Prolonged Telecommuting Presents Difficult State Tax Reporting Issues
The COVID-19 pandemic has resulted in many businesses changing the way they conduct their... more
Blog
Can Bankruptcy Resolve Your Federal Tax Debt?
The filing of bankruptcy puts an immediate halt on all IRS collection activities and a release on... more
Blog
AICPA Asks IRS for Blanket 2019 Penalty Relief Due to COVID-19 Pandemic
As the COVID-19 pandemic continues to create unprecedented disruption and economic uncertainty, the... more
Blog
CARES Act Triggers Maryland’s Automatic Decoupling
On June 12, 2020, the Maryland Comptroller issued its report to the Governor and General Assembly... more
Blog
IRS, You’ve Got Mail…Eleven Million Pieces of It
As the Internal Revenue Service (IRS) begins to recall its employees throughout the month of June,... more
Blog
Maryland Expands Pass-through Entity Tax to Circumvent Federal SALT Limitation
Maryland has become the most recent state to adopt a workaround to the federal $10,000 state and... more
Blog
New HSA Contribution Limits Released for 2021
The IRS recently released Revenue Procedure 2020-32, the 2021 annual contribution limits for... more
Blog
Home Office Deduction During COVID-19
Historically, the home office deduction has been available to anyone who has had to work from home... more
Blog
IRS to Permit Mid-Year Health Plan Changes
As part of the Federal Government’s ongoing response to the COVID-19 pandemic, the IRS issued... more
Blog
Qualified Improvement Property Changes Under the CARES Act
As businesses and individuals continue to deal with COVID-19 and look to survival and recovery, the... more