by Longman & Van Grack, LLC | May 15, 2015 | Blog, Tax Controversy, Tax Planning
How Great a Tax Burden Do Maryland Businesses and Individuals Bear Marylands Department of Business & Economic Development (which tries to bring more businesses into the state) claims that the states tax climate is advantageous to businesses. According to the...
by Longman & Van Grack, LLC | Nov 25, 2014 | Blog, Tax Controversy
Under a law designed to catch drug lords, organized crime bosses, and terrorists, the IRS has been seizing funds of ordinary citizens without even alleging that they committed a crime. Their offense has been to make bank deposits of cash under $10,000. Making such...
by Longman & Van Grack, LLC | Nov 12, 2014 | Blog, Tax Controversy, Tax Planning
U.S. citizens and residents are required to report all of their worldwide income. In addition, taxpayers are required to report information regarding their foreign bank accounts and foreign owned assets. In recent years, the IRS has been enforcing these laws more...
by Longman & Van Grack, LLC | Oct 23, 2014 | Blog, Business & Corporate Issues, Business Law, Tax Controversy, Tax Planning
A taxpayer with income from an out-of-state S-corporation often has to pay out-of-state taxes. The taxpayer’s home state usually gives the taxpayer a tax credit for those tax payments. But, that is not quite what happens in Maryland. The constitutionality of...
by Longman & Van Grack, LLC | Aug 8, 2014 | Blog, Tax Controversy, Tax Planning
[vc_row][vc_column][vc_column_text] A recent report by the Government Accountability Office stated that 83,000 Defense Department employees or contractors owed more than $730 million in unpaid taxes. Although not paying taxes does not prevent an individual from...
