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All About Tax (15)

New Tax Law Brings About Accounting Method Changes for Construction Businesses

There’s one aspect of the new tax law that hasn’t gotten a lot of attention, but is worth considering — the $25 million average gross receipt.
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Here's How the New Tax Reform Law Will Affect You and Your Business

The new tax reform law, commonly called the “Tax Cuts and Jobs Act” (TCJA), is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers.
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The Impact of Built In Gains Tax On Business Valuation

Prior to the Tax Reform Act of 1986, a C corporation could sell its appreciated assets, or liquidate, and avoid any tax inside of the company. The shareholder would only pay a single capital gains tax.
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Increase Your Tax Savings With These Tax Credits for Maryland Manufacturers

Manufacturers, like most businesses, are always looking for ways to minimize expenditures, yet many fail to realize they are leaving money on the table every year when they file their taxes. The following are just a few federal and state credits that...
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3 Things You Must Know to Qualify for Maryland’s Job Creation Tax Credit

If your business is creating new full-time jobs in Maryland, you may be entitled to state income tax credits. The Maryland Job Creation Tax Credit rewards businesses that create a minimum number of new full-time positions in Maryland before January 1,...
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3 Tax Planning Strategies that Cost You Little But Provide Immediate Tax Savings

With so many of my high net worth clients being philanthropically inclined, there’s nothing I like better than a good tax savings strategy that ties into their charitable activities. Typically, charitable contributions will result in a reduction of your...
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