Insights

Blog

Payroll Tax Deferral – Guidance Issued

The IRS has issued Notice 2020-65 to provide guidance on President... more
September 1, 2020
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
August 31, 2020
Blog

Is your ITIN Expiring?

Is your ITIN Expiring? At the end of this year, certain Individual Taxpayer Identification... more
August 31, 2020
Blog

D.C. Council Eliminates Most QHTC Tax Incentives

The District of Columbia’s Fiscal Year 2021 Budget Support Emergency Act of 2020 (A23-0404),... more
August 31, 2020
Blog

Payroll Tax Deferral – What this Means to Your Business and Employees

In a memorandum issued on August 8th , President Trump has directed the Secretary of the Treasury... more
August 24, 2020
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
August 19, 2020
Blog

Preparing for the Next Transaction

More than half of transactions that make it to a letter of intent fall apart during due diligence.... more
August 5, 2020
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
August 4, 2020
Blog

COVID-19 Distress May Present an Estate Planning Opportunity – Why Now May be the Time to Gift Business Interests

The COVID-19 pandemic has exerted significant downward pressure on the value of many businesses.... more
July 29, 2020
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

PPP Loan Forgiveness Updates: Future Planning Restaurant and Hotel Owners Should Pay Attention To

On June 5, 2020, the Paycheck Protection Flexibility Act of 2020 was signed into law which provided... more
July 27, 2020
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
July 16, 2020