State and Local Tax
Maryland Commerce Department, Montgomery County, Prince George’s County, and District of Columbia Announce Disaster Recovery Loan Programs
This blog was updated as of 4/24/2020. Montgomery County, MD On March 31, 2020, Montgomery County, Maryland passed the Public…
States Continue to Adopt Federal SALT Limitation Workaround
In the past year, several states have created a pass-through entity tax (PET) to circumvent the $10,000 cap for the…
States Begin Applying Wayfair Decision to Income Taxes
Many states have been slow to change their income tax nexus rules to comply with the more aggressive sales and…
Estate Tax vs. Inheritance Tax: What’s the Difference?
Many taxpayers understand that when they die, assets belonging to their estate could be subject to a federal estate tax….