by Longman & Van Grack, LLC | Nov 21, 2021 | Blog, Estate Tax, Tax Controversy, Tax Planning
Winning or settling a lawsuit that results in a large cash payout may require the winning party to pay taxes on the judgment or settlement proceeds. However, the taxable nature of these types of payments are not simple and involve a series of questions to address....
by Longman & Van Grack, LLC | Oct 26, 2021 | Blog, Firm News, Tax Controversy, Tax Planning
Bethesda Magazine sends surveys to over 1,800 attorneys who practice regularly in Montgomery County, Maryland asking those attorneys to recommend an attorney in 25 practice areas, including Tax Law. Longman & Van Grack attorney Robb Longman was recently selected...
by Longman & Van Grack, LLC | Jul 15, 2020 | Blog, Tax Controversy, Tax Planning
Federal taxes are due Wednesday, July 15, 2020. With millions of people out of work, there is a concern that many taxpayers will not have the money to pay their income taxes when they file. Even if a taxpayer does not have the funds to pay their tax liability, such a...
by Longman & Van Grack, LLC | May 2, 2020 | Blog, Business & Corporate Issues, Business Law, Coronavirus, Firm News, Tax Planning
On Monday, May 4, 2020, Longman & Van Grack Tax Attorney, Robb Longman, will be speaking on a panel for the ABA Section on Taxation regarding supplemental COVID-19 relief funding for businesses as part of the Paycheck Protection Program (PPP) of the...
by Longman & Van Grack, LLC | Apr 15, 2020 | Blog, Business Law, Coronavirus, Tax Controversy, Tax Planning
Due to the COVID-19/Coronavirus Pandemic, the Internal Revenue Service (IRS), Maryland, and DC have extended the April 15, 2020 tax deadlines for the filing and payment of taxpayer’s Tax Year 2019 income taxes due. However, many tax deadlines occur throughout...
by Longman & Van Grack, LLC | Mar 26, 2020 | Blog, Business Law, Coronavirus, Tax Controversy, Tax Planning
In the wake of the Coronavirus COVID-19 Pandemic, the IRS is providing guidance and support with regard to all compliance programs. On March 25, 2020 the IRS unveiled the People First Initiative. The program is designed to assist taxpayers who have installment...
