Ocean City, MD 21842
1-410-524-2720

Month: December 2021

Video tips: How to Prepare for Your 2021 Tax Return

Preparing for your tax return beforehand can help avoid mistakes and reduce delays in receiving a tax refund. Watch this video for simple steps that you can take to be ready for your tax return in 2022.

What Is Tax Basis and Why Is It So Important?

What Is Tax Basis and Why Is It So Important?
For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a stock fo…

How One Small Company Found Its Opening and Disrupted an Entire Industry in the Process

How One Small Company Found Its Opening and Disrupted an Entire Industry in the Process
How Vuori found its opening and disrupted an entire industry in the process. Success story below….

Calculating and Using your MRR and ARR to Monitor and Forecast SaaS Subscription Revenue

Calculating and Using your MRR and ARR to Monitor and Forecast SaaS Subscription Revenue
One of the most important tasks that a SaaS company must do each year is to estimate and project future revenue.

Time is Running Out to Take Your 2021 RMD

Time is Running Out to Take Your 2021 RMD
Required Minimum Distributions (RMD) are required taxable distributions from qualified retirement plans and are commonly associated with traditional I…

What to do When a Loved One is Facing Mental Decline

What to do When a Loved One is Facing Mental Decline
Here are tips for what to do when a loved one is declining mentally….

Retroactive Termination of the Employee Retention Credit

Retroactive Termination of the Employee Retention Credit
If you claimed the employee retention credit (ERC) in the fourth quarter of 2021, you better read this about a retroactive change affecting the credit…

Tax Information Reporting Requirement for Cryptocurrency Added by Infrastructure Bill

Tax Information Reporting Requirement for Cryptocurrency Added by Infrastructure Bill
Over the last 3 years, the Internal Revenue Service has been engaged in a virtual currency compliance campaign to address tax noncompliance related to…

Video tips: Tax Benefits for Holiday Gifting

You may be giving out lots of gifts this holiday season, but do you know thoughtful holiday gift-givers can receive tax perks? Watch this video to see how holiday giftings can bring tax benefits to you.

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