Jul 2, 2026 | Business Planning, Tax News
All businesses have tax filing and compliance obligations. The taxes owed and applicable types vary by business and activity. Common federal taxes include income, estimated, self employment, employment, and excise taxes. Not all taxes apply to every business. Most...
Jun 30, 2026 | Business Planning, Tax News
Choosing the right recordkeeping system is essential because you need a clear summary of every transaction your business makes. In most cases, small-business owners track this information in accounting journals and ledgers. These records typically reflect gross...
Jun 25, 2026 | Featured News and Events, Tax News
Reposted from the Maryland Comptroller, June 15, 2026 email news article. ANNAPOLIS, Md. (June 15, 2026) — The Office of the Comptroller of Maryland announced today that Maryland Tax Connect, the agency’s secure, self-service tax portal, will expand to serve...
Jun 24, 2026 | Featured News and Events, Tax News
In Terry W. Kwong v. The United States, taxpayer Terry Kwong argued that between Jan. 20, 2020, and July 10, 2023, various pandemic-related rules delayed certain key deadlines. The IRS disagreed. As a result, a huge number of taxpayers may be due refunds. According to...
Jun 18, 2026 | Business Planning, Closely Held Business, Tax News
One of the worst things we can do as taxpayers is assume we know everything. There’s always more to learn, and as much as you might know about taxes, you may be missing out on key tax deductions just because you haven’t heard about them. Tax deductions to consider...
Jun 16, 2026 | Personal Financial Planning, Tax News
Even though the tax filing deadline for tax year 2025 is in the rearview mirror, it’s not too early to start planning for next filing season. Planning now can help taxpayers avoid surprises next year. One action that can be taken is checking for proper tax...
