News & Insights

Despite last minute efforts by Congress at the end of 2009, the estate tax has been repealed for one year - 2010. Thus, under current tax law, if you die in 2010 your estate will not be subject to federal estate tax. This one year repeal was set up by the 2001 tax cut legislation signed into law by ... Read more >

In an effort to create new Maryland jobs for unemployed Maryland residents, Governor Martin O'Malley has recently signed emergency legislation enacting the Job Creation and Recovery Tax Credit.  The Tax Credit makes available a $5,000 tax credit (that's $5,000 in real money - not just a tax ded... Read more >

FLSA Amendment re: Lactation Effective March 23, 2010, the Patient Protection and Affordable Care Act amended the Fair Labor Standards Act (FLSA) to require covered employers to provide breaks and space for nursing mothers to express breast milk. With minor exceptions, all employers covered by the ... Read more >

In an effort to create new Maryland jobs for unemployed Maryland residents, Governor Martin O'Malley signed emergency legislation enacting the Job Creation and Recovery Tax Credit.  The Tax Credit makes available a $5,000 tax credit (that's $5,000 in real money - not just a tax deduction) for e... Read more >

The Society for Human Resource Management (SHRM) has issued a notice informing employers that the U.S. Department of Labor (DOL) is targeting industry groups, specifically the health care industry, in its investigations of FLSA compliance.   We have seen a significant increase in audits by... Read more >

Take a look on the Maryland State Department of Assessments and Taxation Website and you’ll notice there are a lot of limited liability companies whose right to do business and name have been forfeited for failing to file personal property tax returns.  It happens.  The returns are among... Read more >

This is a time of joint ventures and partnerships.  With commercial financing still difficult to come by, business owners are entertaining loans and investments from private parties and joint ventures/partnerships with other businesses.  So, lots of Non-Disclosure Agreements ("NDAs") are b... Read more >

Unlike previous years, employers hiring specialized foreign workers now have it easy in some ways.  For example, the number of petitions received by the U.S. Citizenship and Immigration Services for H-1B specialty occupation visas is well below the established cap for fiscal year 2011, allowing... Read more >