April 1st, 2024
March Federal Tax Updates
INDIVIDUALS In State of New Jersey v. Mnuchin, 133 AFTR2d 2024-________, a New York Federal District Court upheld an IRS Regulation nixing a “workaround” to the $10,000 state and local tax deduction maximum; the method…
April 1st, 2024
Estate Planning Jitters? You Asked, We Answered During This Key Month!
Why Do I Need a Will (or any estate planning for that matter)? First and foremost, you want to remain in control of your final dispositive wishes. If you die without a Will, you will die “intestate.” Dying intestate…
March 21st, 2024
Employment Law Update
Employers in the Maryland and D.C. areas should be aware of several recent legal updates that will impact employees. Employers should take note of the dates these laws go into effect and evaluate whether any…
March 6th, 2024
Blueprint for Progress: Spotlight on Women in Construction
The construction industry, long dominated by men, is undergoing a significant shift as more women break barriers, paving the path for future generations. As we mark Women in Construction Week from March 5 to March…
March 1st, 2024
February Federal Tax Updates
INDIVIDUALS In Turner v. Commissioner, TC Memo 2024-20, the Tax Court held that a grandparent was not eligible to claim head of household status or to receive the earned income credit despite year-round support inasmuch…
February 27th, 2024
Dos and Don’ts of Co-Parenting
Effective co-parenting involves navigating a delicate balance between shared responsibilities and respectful communication, all while dealing with some strong emotions. Open and honest communication becomes a crucial ally, with conversations focusing on your child’s continued…
February 11th, 2024
Winning the Heart of a Business Owner
As the season of love approaches, there will be many love letters making the rounds, but the “Be Mine” message that matters most to a business owner or an interested buyer courting the business owner’s…
February 9th, 2024
Navigating Slippery Slope of Winter Accidents
With winter in full swing, and slick road abounding, here are a few things to keep in mind before you hit the road. MD/VA/DC are all a “contributory negligence” states. This means that in order…
February 8th, 2024
Why Millennials Are Embracing the Pre-nup and You Should Too
Prenuptial Agreements (“pre-nups”) have historically been associated with a negative stigma or a bad omen for marriage. As well as the misconception that only wealthy individuals need them. However, the number of couples entering into…
February 5th, 2024
For Purposes of FLSA Many Workers Currently Treated as Independent Contractors May Need to be Reclassified
The U.S. Department of Labor (DOL) recently implemented a significant change in the classification of employees and independent contractors under the Fair Labor Standards Act (FLSA), which is a federal law that applies to most…