by Longman & Van Grack, LLC | Dec 27, 2024 | Business & Corporate Issues
The Corporate Transparency Act is a law that was passed to address ownership transparency, and it became effective January 1, 2024. The Corporate Transparency Act requires a business that has filed paperwork with their Secretary of State or other Corporation...
by Longman & Van Grack, LLC | Jun 28, 2024 | Business & Corporate Issues, Business Law, Tax Controversy, Tax Planning
While the Internal Revenue Service (“IRS”) is continuing to process thousands of the Employee Retention Credits (“ERC”), the IRS has recently announced that it will begin to deny the highest risk claims while processing the lower risk claims....
by Longman & Van Grack, LLC | Mar 1, 2024 | Blog, Business & Corporate Issues, Tax Controversy, Tax Planning
The IRS has launched a new initiative targeting high-income individuals who have not filed tax returns since tax year 2017. This IRS initiative is being funded by the Inflation Reduction Act. Currently, there are 125,000 taxpayers in the purview of the IRS (25,000...
by Longman & Van Grack, LLC | Feb 9, 2024 | Blog, Business & Civil Litigation, Firm News
Once again, Longman & Van Grack attorneys Adam Van Grack and Robb Longman have been recognized by Maryland Super Lawyers Magazine as top attorneys in Maryland. Mr. Van Grack has been recognized as a “Maryland Super Lawyers” for 2024 in the area of Civil...
by Longman & Van Grack, LLC | Dec 11, 2023 | Blog, Business & Corporate Issues, Business Law, Commercial Litigation
The Corporate Transparency Act is a law that was passed in 2021 to address ownership transparency, and it becomes effective January 1, 2024. The Corporate Transparency Act was passed to enhance transparency of corporate ownership and structure and to prevent money...
