Recent Blog Posts
Maryland Business Owners, Are You Ready For The Great Onboarding Of 2022?
The Great Resignation of 2021 is yesterday’s news, and in just a few days, it will be last year’s news. For business owners, the new year is not only a time to get all your documents in order so you can file corporate taxes; it is also a time to reflect on what you… Read More »
Aging In Place Probably Means Remodeling Your Home Sooner Or Later
One of the worst things about ringing in the new year is the realization that you are another year older, and another year has passed without you and your spouse talking openly with each other or with other family members about the fact that you are getting old. Getting visits from your children and… Read More »
The New CFPB Rules Are Here: You Can Now Contact Customers About Payment Through Social Media
Social media has hardly improved anyone’s personal relationships, but it has been beneficial to businesses of all sizes. Businesses have benefited from user-generated content that mentions their brands or products, and the popularity of a business spreads even more quickly on social media than it does through old-fashioned word of mouth. During the lean… Read More »
Small Businesses Are Great For The Economy
If you are thinking about establishing a small business, you have everything to gain by doing so, and so does the community around you. As jobs that offer stability and generous benefits packages become harder to find among large employers, many industrious, enterprising people have been taking matters into their own hands and forming… Read More »
The Grinch’s Guide To The Annual Gift Tax Exclusion
In 2020, financial stress, travel restrictions, and caution about exposure to rapidly surging COVID-19 variants put a damper on many families’ holiday cheer. This year, some of those families are determined to have a fabulous celebration, but some realized, during quiet times at home and joyous exchanges of holiday greetings over Zoom, that going… Read More »
What Is The Difference Between A CID And EIN For Businesses?
Many industries have developed an “alphabet soup” of acronyms that make perfect sese to industry insiders but are utterly incomprehensible to anyone outside the occupation. Just listen to two people with federal jobs refer to the federal agencies with which they deal in the course of your work, or try reading your own medical… Read More »
Is It Time For Your Small Business To Pivot Away From Facebook And Instagram?
The feeling of panic was palpable when Facebook and other social media platforms under its control, including Instagram and What’s App, experienced an outage earlier this month. The outage lasted less than a day, but it was long enough to make people realize how much they depend on these platforms to stay socially connected. … Read More »
The Real Estate Business Could Soon Be Under Increased Scrutiny For Money Laundering
The real estate business is constantly changing. Tax deductions that were a boon to real estate investors one year disappear the next, and new tax breaks take their place, meaning that you must relearn how to qualify for them. Cryptocurrency and blockchain tokenization have also started to play a major role in the real… Read More »
Your Contact List Can Make Or Break Your Estate Plan
Even if you are the very antithesis of a procrastinator, the kind of person who files their tax returns in February and finishes their Christmas shopping before Thanksgiving, updating contact information can feel like a daunting task. Notifying the DMV and your health insurance company of your new address after moving into a new… Read More »
Widow Of Bakery Tycoon Withdraws Lawsuit Against Stepchildren Over His Estate
Almost everyone in Maryland has eaten a piece of bread or a sandwich bun that came from a bakery belonging to John Paterakis. His company, H&S Bakery, started out as a small family business, but by the time he died, his bakeries were producing two million hamburger buns per day for McDonald’s alone, not… Read More »
