Many companies are unaware that their retirement plans have problems until they are audited by the IRS or investigated by the Department of Labor. However, by self-auditing your plan with the help of a our firm, you can identify and correct any problems before the federal government initiates an investigation. It’s a good...
Read more →The Maryland Comptroller’s Office has issued guidance on the recently enacted 9% sales tax on the sale of alcoholic beverages. The new rate for alcoholic beverages is effective for sales on and after July 1, 2011 and replaces the 6% sales tax rate that still applies to sales of other types of tangible personal...
Read more →Unpaid Taxes? Slow Down… You won't get your license or car registration renewed if you don't pay up! The Motor Vehicle Administration, Department of Labor, Licensing and Regulation (DLLR), and the Comptroller are partnering to make sure that everyone pays their fair share. Effective June 1, 2011, state law requires that individuals and businesses...
Read more →From tornadoes and floods to tsunami waves on the Pacific coastline to severe winter storms in the Northeast, the United States has witnessed a wide variety of damaging natural disasters in 2011 — and the year is less than half over. Although it will probably come as a small solace if you’ve been victimized,...
Read more →The IRS has again delayed the implementation of mandatory 3 percent withholding on payments to government contractors. It is now postponed to apply to payments beginning on January 1, 2013. (The previous implementation dates were January 1, 2012 and January 1, 2011.) Reason for the delay: The Treasury Department and the IRS received numerous...
Read more →