Out-of-state Insurance Companies Ruled Exempt From Maryland Income Tax
Does the Maryland State Comptroller Require Income Tax From All Businesses With Customers in the State? As a general rule, all corporate income derived within the state of Maryland is subject to taxation – with, of course, several caveats and exceptions. In a case recently decided by the Maryland Tax Court…
Maryland Property Owners Initiate $2 Million Lawsuit Over Alleged Snake Infestation
What are my legal options if I discover a severe pest infestation in my new home? A new home purchase is one of the most important and sizable investments a family can make – and builders and/or sellers are bound by Maryland law to disclose known major issues with the…
Longman & Van Grack Sponsors the 2015 Potomac River Festival and Great Falls Race
Longman & Van Grack is proud to be one of the sponsors of the 2015 Potomac River Festival and Great Falls Race on July 11 and 12. Featuring hundreds of paddlers and dozens of events, the Potomac River Festival is one of the premier river sports events in the United…
Longman & Van Grack Attorney Elected Chair of Maryland State Bar Association’s Tax Section
Today, Longman & Van Grack Attorney Robb Longman was elected Chair of the Maryland State Bar Association's (MSBA) Tax Section at the MSBA's Annual Meeting in Ocean City, Maryland. The Firm is thrilled that Robb is being recognized for his many years of working on tax issues in Maryland, and…
Estate Planning For Single People in Maryland, Virginia, and Washington DC
Who has rights to assets of people without spouses or children in Maryland, Virginia, and Washington DC? Single people currently outnumber married people in Maryland, Virginia, and Washington DC. While married couples might be more likely to develop an estate planning, it is equally important for single people to do…
Regulators Approve Merger Between Pepco and Exelon
What considerations are important for merging companies? Regulators in Maryland and Delaware recently approved a merger between energy companies Exelon Corp. and Pepco Holdings. The companies need one more approval from the District of Columbia before moving forward with the merger. The proposed merger is worth $6.8 billion and affects…
Longman & Van Grack Welcomes Patent Attorney Kenneth Fagin as Of Counsel
The Bethesda and Rockville, Maryland law firm of Longman & Van Grack, LLC is proud to announce a new addition to its business law practice. Seasoned patent attorneyKenneth (Ken) Fagin joins the firm, as Of Counsel to the firm and as head of the Firms Intellectual Property Practice. Ken Fagin…
United States House Passes Legislation On Space Mining Rights
How will businesses determine property rights in space? Thirty years ago, the idea of owning anything in space seemed far-fetched. Recently, though, private enterprises have shown an interest in developing space tourism and exploration opportunities. Keeping America at the forefront of space exploration and development also seems to be on…
The Wynne Decision is a Win for Maryland Taxpayers
Last week, the Supreme Court of the United State of America issued a significant ruling in favor of Maryland taxpayers. In the case of Comptroller of the Treasury of Maryland v. Wynne et ux., the Court ruled thattaxpayers must be given a credit for taxes paid as out-of-state residents to…
Maryland Business Taxes
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 department, the state has the seventh lowest state and local…
The Importance of a Written Contract in Business Transactions in Maryland, Virginia, and Washington DC
Why do I need a Written Contract in Maryland, Virginia, and Washington DC? Times change, needs change, people change and memories fade. Therefore, when making a personal or business deal it is important to memorialize the terms in writing. Properly drafted written contracts preserve the understanding of the parties as to…
Will the Estate Tax Be Repealed?
How much is the federal estate tax Timed to coincide with April's income tax filing deadline, the House of Representatives passed a bill to repeal the federal estate tax. H.R. 1105, the Death Tax Repeal Act of 2015, is hardly destined for success (it is unlikely to pass the Senate,…
