by Longman & Van Grack, LLC | Jul 27, 2017 | Blog, Business & Corporate Issues, Business Law, Tax Controversy, Tax Planning
On June 13, 2017, the IRS re-released proposed regulations that spell out partnership audit procedures under the 2015 legislation known as the Bipartisan Budget Act (“BBA”). The BBA legislation repealed the current unified partnership audit regime, which...
by Longman & Van Grack, LLC | Jul 20, 2017 | Appellate Law, Blog, Business & Civil Litigation, Business & Corporate Issues, Business Law, Commercial Litigation
Teaming Agreements are created to allow prime contractors and subcontractors to agree to combine resources to bid on major government contracts. A properly-drafted teaming agreement in Maryland addresses just how the prime contractor and subcontractor will combine...
by Longman & Van Grack, LLC | Jul 18, 2017 | Blog, Business & Corporate Issues, Business Law, Firm News, Sports & Recreation Law
On July 10, 2017, the United States Coast Guard published an Interim Rule in the Federal Register [82 FR 31719] which — as of the publication date, July 10, 2017 — allows the Coast Guard to close an approximately two-mile long section of the Potomac River...
by Longman & Van Grack, LLC | Jul 17, 2017 | Blog, Business & Corporate Issues, Business Law
Your mom always used to say that “an ounce of prevention is worth a pound of cure.” When it comes to your business, no truer words have ever been spoken. Given the many and relatively easy ways entrepreneurs can insulate themselves from liability, it is truly shocking...
by Longman & Van Grack, LLC | Jul 2, 2017 | Appellate Law, Commercial Litigation, Tax Controversy, Tax Planning
The United States Supreme Court recently ruled in South Dakota v. Wayfair, Inc. that states have the right to apply sales tax to online sellers who sell items on the internet that are shipped into their respective states. This is a major change to the sales tax law...
