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

Tax Planning

The Treasury Green Book of Biden Proposed Tax Changes

The Treasury Green Book of Biden Proposed Tax Changes
The U.S. Treasury has released the Biden administration’s 2022 Fiscal Year Budget, which includes a general explanation of the administration…

Restaurants and Businesses Benefit from Temporary Tax Break

Restaurants and Businesses Benefit from Temporary Tax Break
Congress has provided businesses with a temporary tax break as a means of helping the restaurant industry, which has been devastated by the COVID pand…

Video tip: American Expats–Don’t Miss the June 15 Tax Filing Due Date

The June 15 due date for American citizens and resident aliens living in another country to file their U.S. tax return is here! If you need help to finish your return or to file an extension, please give us a call as soon as possible.

Haven’t Received Your Tax Refund Yet?

Haven't Received Your Tax Refund Yet?
You are not alone. We have been hearing from clients who are still waiting on refunds from returns filed early in the year. In normal times, unless th…

Video Tip: Do You Need an Amended Tax Return?

The complexity of life, coupled with the new tax laws surrounding the pandemic, can lead to changes in your tax situation after you have filed a tax return. This video will help you understand when you need to file an amended return to get the most benefits and avoid penalties.

Recordkeeping Tips to Keep the IRS Away

Record keeping Tips to Keep the IRS Away
With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make mistakes with bookkeeping and filing. One w…

Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation

Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation
Normally, unemployment insurance benefits are fully taxable for federal purposes. However, earlier this year, about the middle of the tax filing seaso…

Video tip: New Benefits for American Education in Biden’s Proposed Plan

In his newly proposed American Families Plan, President Biden is adding a number of education benefits that, if become laws, will bring great helps to low-income families and DREAMers as well as expanding opportunities for future teachers. Watch this video for details.

How Biden’s Proposed American Families Plan Might Affect You

How Biden's Proposed American Families Plan Might Affect You
President Biden presented his proposed American Families Plan (AFP) during his Joint Session of Congress address on April 29, 2021. What follows is an…

Consequences of Filing Married Separately

Consequences of Filing Married Separately
Couples who are married on the last day of the tax year basically have two filing status options when filing their tax returns: either married filing …

Scroll to top