Explore November 2024’s top tax updates, including FSA limit increases, military tax benefits, and a $4.2M fraud penalty upheld in a landmark IRS case.
Rockville Tax Law Blog
Unintentional Mistake vs. Tax Fraud: Understanding the Difference
Tax fraud is a serious issue that can have significant consequences. Working with an IRS tax attorney can help reduce or avoid tax fraud penalties.
October 2024 Tax Insights
Key October 2024 tax updates: Hurricane Milton relief, Social Security changes, FBAR penalties, and IRS guidance on Employee Retention Credit, with insights from Kundra & Associates.
Understanding Penalty Abatement: How to Reduce or Eliminate IRS Penalties
Errors and financial trouble can cause you to miss filing your taxes. You can request a penalty abatement to minimize or eliminate certain IRS penalties.
IRS Reopens Employee Retention Credit Voluntary Disclosure Program
Learn how the IRS’s reopened Employee Retention Credit Voluntary Disclosure Program helps businesses correct ERC errors, avoid penalties, and more.
September 2024 Tax Updates
Maryland Joins IRS Direct File Program Governor Wes Moore announced that Maryland will join the IRS Direct File Program for the 2025 filing season. This will allow taxpayers to electronically file their taxes at no cost. Maryland is the ninth state to opt in and 21st...
Understanding the Statute of Limitations in Employment Tax Cases: U.S. vs. Fecondo (Part 3)
Explore the complexities of the statute of limitations in employment tax law through the case of U.S. vs. Fecondo, highlighting crucial timelines and legal consequences for non-compliance.
Mastering Tax Resolution: Offer in Compromise Insights from U.S. vs. Fecondo (Part 2)
Discover the pros and cons of the Offer in Compromise program through the U.S. vs. Fecondo case, and learn how to manage unresolved tax debt effectively.
Supreme Court’s decision on agency power: How will it impact my taxes?
In a landmark ruling, the Supreme Court recently addressed the Chevron deference, a doctrine that has significantly influenced administrative law since its establishment in 1984. This pivotal decision came during the review of two cases, Loper Bright Enterprises v....
Navigating Employment Tax Law: Key Insights from United States vs. Fecondo (Part 1)
Explore the complexities of employment tax law through the case study of United States vs. Fecondo, offering key insights and practical advice for business owners.