Oct 22, 2026 | Closely Held Business, Personal Financial Planning, Tax News
Reposted from the Maryland Department of Labor The Maryland Department of Labor (MD Labor) is in the process of establishing our state’s Family and Medical Leave Insurance (FAMLI) program. Chapters 1-5 of the FAMLI regulations are now in effect and published in the...
Oct 22, 2026 | Personal Financial Planning, Tax News
Everyone knows from watching Law & Order or similar shows that you have rights if you get into a legal jam, and the police have to inform you about them. If you have tax problems, you’ll be glad to hear, you also have rights. Indeed, the IRS recently issued...
Oct 20, 2026 | Personal Financial Planning, Tax News
The IRS recently issued a statement reminding taxpayers that self-employed individuals typically pay their federal income taxes through estimated tax payments. However, self-employed workers are not the only taxpayers who may need to make these payments. The federal...
Oct 1, 2026 | Personal Financial Planning, Tax News
The IRS has recently issued guidance on third-party authorizations. In short, who can get into your tax account? First, understand that there are different types of third-party authorizations with specific roles assigned. Additionally, taxpayers who want to have a...
Sep 24, 2026 | Personal Financial Planning, Tax News
An individual retirement account is a tax-advantaged account designed to help you save for retirement. The two most common types — traditional and Roth — differ mainly in when you pay income taxes. With a traditional IRA, your contributions may reduce your taxable...
Sep 22, 2026 | Personal Financial Planning, Tax News
Section 529 plans are sponsored by states or educational institutions. They were originally designed to cover college costs, but their use has expanded to include postsecondary education, K-12 tuition (up to $10,000 per year), apprenticeships and credentialing...