May 15, 2025 | Business Planning, Closely Held Business, Tax News
The MarylandSaves program has posted the following notice on its website, at MarylandSaves.com. Businesses in Maryland are required to file their Annual Reports to the Maryland Department of Assessment and Taxation (SDAT) as part of their annual business tax filings.... 
May 8, 2025 | Business Planning, Featured News and Events, Tax News
Deciding to open a new business comes with a set of responsibilities. Obviously, providing a good service to your clients and building up a customer base are important. But so is understanding the financial concepts you need to know and measure to be sure your... 
Apr 29, 2025 | Personal Financial Planning, Tax News
A tariff is a tax imposed on imported goods with the aim of protecting domestic industries and generating revenue. The importer pays the tariff to U.S. Customs and Border Protection, and often the cost is passed on — fully or partially — to consumers in the form of... 
Apr 24, 2025 | Not-for-Profit, Tax News
If you’re planning to enter the world of tax-exempt organizations, you first need to understand what a tax-exempt organization actually is. According to the IRS, the organization must fall into one of the following categories: charitable, religious, educational,... 
Apr 15, 2025 | Personal Financial Planning, Tax News
When you seek guidance from a qualified financial expert, you’ll find that you’ll not only maximize tax planning and accounting, but also get put on a path to financial success. Your CPA will assess your financial situation and create a tailored financial... 
Apr 10, 2025 | Business Planning, Closely Held Business, Tax News
Business meals: yes or no on deductions? In brief, you cannot take a deduction for any expense related to activities generally considered entertainment, amusement or recreation. However, you can deduct 50% of the cost of business meals if you (or your employee) are... 