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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
August 31, 2020
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Is your ITIN Expiring?

Is your ITIN Expiring? At the end of this year, certain Individual Taxpayer Identification... more
August 31, 2020
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Prolonged Telecommuting Presents Difficult State Tax Reporting Issues

The COVID-19 pandemic has resulted in many businesses changing the way they conduct their... more
August 19, 2020
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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
August 4, 2020
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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
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CARES Act Triggers Maryland’s Automatic Decoupling

On June 12, 2020, the Maryland Comptroller issued its report to the Governor and General Assembly... more
July 16, 2020
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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
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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
May 26, 2020
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New HSA Contribution Limits Released for 2021

The IRS recently released Revenue Procedure 2020-32, the 2021 annual contribution limits for... more
May 21, 2020
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Home Office Deduction During COVID-19

Historically, the home office deduction has been available to anyone who has had to work from home... more
May 18, 2020
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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
May 13, 2020
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
May 7, 2020