Maryland’s New Tech Services Tax Takes Effect July 1 July 1, 2025 By: Adrienne G. Schlenker Starting July 1, 2025, Maryland will begin taxing a wide range of technology-related services. A … Read More
2025 Maryland Tax Law Changes: What You Need to Know May 28, 2025 By: Adrienne G. Schlenker The Maryland General Assembly passed a sweeping package of tax changes during the 2025 legislative … Read More
Changes to Premium Tax Credit Could Increase Penalty Risk for Some Businesses December 11, 2024 The premium tax credit (PTC) is a refundable credit that helps individuals and families pay … Read More
ASC-606 and Evaluating Variable Consideration December 11, 2024 Construction contractors are usually well-versed in contracts; however, the new revenue recognition standard will necessitate … Read More
How The SBA Standards For SMBs Impact GovCons November 20, 2024 The United States Small Business Administration (SBA) plays a pivotal role in shaping the landscape … Read More
Important Deadline Approaching for the ESCC Tax Credit Application August 19, 2024 Filing the Employer Security Clearance Costs (ESCC) Tax Credit application can provide income tax credits … Read More
The Latest Updates on 529 Plan Rules August 1, 2024 By: Lauren Owoc Welcome to another Your Net Worth In Focus blog! KatzAbosch’s Personal Financial Services Team provides … Read More
Is Social Security Taxable? June 28, 2024 By: Lauren Owoc Social Security benefits are a key source of income for many retirees, but there’s always … Read More
Changes To Financial Statement Presentation For Leases June 10, 2024 As businesses navigate through evolving financial regulations, understanding the changes in financial statement presentation becomes … Read More