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How to Prevent Fraud at Your Small Business

When a small business has an issue with fraud, it’s usually for one key reason: a lack of internal controls. Internal controls are “checks” a business has in place to deter fraud.
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How to Claim a Home Office Deduction

With the rise in remote work, many people who would traditionally commute to an office or jobsite every day are now working from home. There may be tax benefits for individuals who find themselves setting up shop at home for the foreseeable future....
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How Long Should I Keep Tax Records?

Figuring out how long you need to keep your tax records can be tricky. The easiest (and vaguest) answer is that it depends.
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DC Paid Family Leave Program

Effective July 1, 2020, employees who work in the District of Columbia more than 50% of the time and whose wages are subject to DC unemployment tax are eligible for paid family leave.
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6 Things to Know About Virginia’s New Budget Bill

On May 27, 2020 Virginia enacted a biennial budget bill containing various corporate and personal income tax provisions. Here is a summary of six key changes that’ll impact corporate and individual taxpayers.
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Maryland Changes Tax Payments for Pass-through Entities

Taxpayers and tax professionals alike have debated the merits and faults of The Tax Cuts and Jobs Act of 2017 (TCJA) over the last two years. One change that has negatively affected many individuals who itemize their federal deductions is the $10,000...
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