Jun 19, 2025 | Featured News and Events, Tax News
Purchasing a vacation home and renting it when you are not using it is an excellent way to help finance the property. However, the tax aspects of renting your vacation home while also using it as a personal residence can get tricky. By involving a tax professional at... 
Jun 12, 2025 | Personal Financial Planning, Tax News
The IRS is calling taxpayers’ attention to the ominously named Coalition of Scam and Scheme Threats: “[A] coalition representing the Internal Revenue Service, state tax agencies and the spectrum of the nation’s tax industry today announced a new... 
May 29, 2025 | Business Planning, Personal Financial Planning, Tax News
In Rev. Proc. 2025-19, released in May 2025, the IRS announced the following changes to Health Savings Accounts (HSA). HSA Inflation Adjusted Items. For calendar year 2026, the annual limitation on deductions for an individual with self-only coverage under a high... 
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... 
