Taxpayers in Maryland who receive tips as compensation for their services should be aware of the Internal Revenue Service Chief Counsel Memorandum regarding cash payments issued from tip boxes. According to the IRS, the company in question had people on its premises...
In the state of Maryland, there are several scenarios in which a business must collect and pay sales and use taxes. Even if a company does not have any taxable sales in a given quarter, it must still file a report by the 21st of the month following the end of that...
For years, people have told you that sports betting is illegal. Unless you go to Las Vegas, Nevada, you can't wager money on the outcome of games. That has not stopped people from doing it. Even that office pool regarding who wins the Super Bowl could have breached...
In the last six months, cultural awareness of cryptocurrency has become a powerful cultural and economic force. What was once only used to fund untraceable purchases of items on the dark web is now used by some to purchase homes or even fund new business operations....
