Comments for Towson Tax Attorney

Comment on Taxes and Bankruptcy in Maryland by Tax Installment Agreements – Payment Plans « Towson Tax Attorney

Tax Installment Agreements – Payment Plans « Towson Tax Attorney — Thu, 12 Jan 2012 03:28:26 +0000

[...] are excessive, the taxpayer may be eligible for an offer in compromise or may want to consider filing for bankruptcy to reduce the tax debt. Further a tax attorney may assist you by appealing unreasonable payment requirements or rejected [...]

Comment on Voluntary Disclosure Agreements by 2009 Maryland Tax Amnesty Summary « Towson Tax Attorney

2009 Maryland Tax Amnesty Summary « Towson Tax Attorney — Wed, 30 Jun 2010 15:09:45 +0000

[...] payments and reduce your penalties for past due taxes. For instance, you may be able to use a Voluntary Disclosure Agreement. Feel free to contact my office for more [...]

Comment on California to Slash and Burn Amazon As Well by » California’s Amazon Tax: AB 178, Sales Tax, and Web Publishers [Mark Welch's Perspective]

Wed, 23 Jun 2010 04:23:12 +0000

[...] Towson Tax Attorney [...]

Comment on 10 Ways to Spot Tax Settlement Scams by Namaste Jones

Namaste Jones — Sat, 03 Apr 2010 12:49:22 +0000

Very nice list. Very helpful! Thank you so much!

Comment on Voluntary Disclosure Agreements by Pennsylvania Tax Amnesty 2010 Summary « Towson Tax Attorney

Pennsylvania Tax Amnesty 2010 Summary « Towson Tax Attorney — Mon, 08 Mar 2010 21:03:51 +0000

[...] to assess your possible tax liabilities to other states as well. Most states offer ongoing voluntary disclosure programs that will allow you or your company to come into compliance without excessive [...]

Comment on Maryland Sales Tax Audit Defense by State Tax Nexus Reviews & Studies « Towson Tax Attorney

State Tax Nexus Reviews & Studies « Towson Tax Attorney — Mon, 28 Sep 2009 23:51:45 +0000

[...] your company’s tax nexus issues, you can minimize your company’s exposure to unexpected tax audits and assessments. Tax professionals can assist you with these nexus determinations and are trained to minimize the [...]

Comment on Maryland Sales Tax Audit Defense by Managed Compliance & Effective Tax Rate Agreements « Towson Tax Attorney

Mon, 24 Aug 2009 16:10:50 +0000

[...] The companies realizing the most significant results are those making a large number of purchases, companies whose purchases include both items for use and items for resale, and companies making significant purchases of materials, supplies, and repairs. The company can request an agreement at any time, including after a favorable sales tax audit. [...]

Comment on Maryland Sales Tax Audit Defense by Voluntary Disclosure Agreements « Towson Tax Attorney

Voluntary Disclosure Agreements « Towson Tax Attorney — Mon, 24 Aug 2009 16:06:41 +0000

[...] tax system. States will not allow enrollment if the state already contacted the taxpayer for audit, though some states do not consider a nexus questionnaire to be a contact. Voluntary disclosure [...]

Comment on Maryland Sales Tax Audit Defense by Sales Tax Matrices and Taxability Guides « Towson Tax Attorney

Sales Tax Matrices and Taxability Guides « Towson Tax Attorney — Mon, 24 Aug 2009 16:05:20 +0000

[...] matrix or guide should cite all relevant laws for future use by the company or for audit purposes. As an additional benefit, the tax consultant may locate substantial refunds during [...]

Comment on Managed Compliance & Effective Tax Rate Agreements by Maryland Sales Tax Audit Defense « Towson Tax Attorney

Maryland Sales Tax Audit Defense « Towson Tax Attorney — Mon, 24 Aug 2009 15:59:59 +0000

[...] able to take the information obtained from a satisfactory audit and lock-in those results through a managed compliance or effective tax rate agreement whereby your use tax payments can be automated. Such an agreement [...]

Comment on Voluntary Disclosure Agreements by State Tax Nexus Reviews & Studies « Towson Tax Attorney

State Tax Nexus Reviews & Studies « Towson Tax Attorney — Wed, 05 Aug 2009 04:33:12 +0000

[...] tax adviser may offer voluntary disclosure services to minimize the past returns required to be filed and minimize the penalties and interest. With [...]

Comment on Managed Compliance & Effective Tax Rate Agreements by State Voluntary Disclosure Agreements « Towson Tax Attorney

State Voluntary Disclosure Agreements « Towson Tax Attorney — Wed, 05 Aug 2009 04:22:48 +0000

[...] filing for a certain period. But this could provide an opportunity for the company to request a managed compliance or effective rate agreement. The company likely performed a self-audit for the voluntary disclosure request, so the company [...]

Comment on Additional States Require Pass-Through Entity Withholding by Guido Van Hemelryck

Guido Van Hemelryck — Sat, 01 Aug 2009 04:44:53 +0000

Awesome article Jeff! I always found interesting that one can “evade” sales taxes that one would pay at a store by purchasing merchandise online from online retailers like amazon. I am sure that in the current “dire straits” many states find themselves, many are going to try and follow the example of NY and California.

Thanks for sharing this info.
P.S.: Awesome website!
Guido V.H.

Comment on Buying or Selling a Maryland Business – Commercial Leases by Buying or Selling a Maryland Business – The Basics « Towson Tax Attorney

Wed, 08 Jul 2009 04:48:53 +0000

[...] to the business sale documents, an attorney will often be needed to assign or negotiate the commercial leases, to amend the companies’ standard contracts with suppliers and customers, and to draft the [...]

Comment on Buying or Selling a Maryland Business – Employment Agreements by Buying or Selling a Maryland Business – The Basics « Towson Tax Attorney

Wed, 08 Jul 2009 04:46:26 +0000

[...] are truthful, obtaining relief from past or potential liabilities, ensuring the seller will not compete with his former business, and improving the business’s tax attributes, such as the tax basis [...]

Comment on 10 Ways to Spot Tax Settlement Scams by Jeff Rogyom

Jeff Rogyom — Mon, 06 Jul 2009 23:03:08 +0000

Agreed Mellisa,

A simple online search on these tax settlement companies would save people a lot of time, money, and heartache. I cringe when I hear their advertisements knowing some desperate person may call them. Unfortunately, the government’s only response has been to make it more difficult for those truly needing assistance.

Jeff
http://towsontax.com

Comment on Buying or Selling a Maryland Business – Commercial Leases by Buying or Selling a Maryland Business – Transferring Assets « Towson Tax Attorney

Sun, 14 Jun 2009 21:04:10 +0000

[...] All desired assets will need to be documented for an asset sale. A bill of sale can be used to account for most equipment, inventory, and supplies. New deeds must be issued for each transferred real estate parcel. Company vehicles will need to be retitled with Maryland’s Motor Vehicle Administration. If leased equipment is included in the asset sale, then the lease will need to be assigned to the new owner. Real property transfers and leases are discussed in more detail in a separate article. [...]

Comment on Buying or Selling a Maryland Business – The Basics by Buying or Selling a Maryland Business – Transferring Assets « Towson Tax Attorney

Sun, 14 Jun 2009 21:04:07 +0000

[...] as either an asset sale or a stock sale, including tax and liability issues. When utilizing an asset sale, the transferring documents must reference and account for all assets purchased. Even if the [...]

Comment on Buying or Selling a Maryland Business – Past & Future Liabilities by Buying or Selling a Maryland Business – Transferring Assets « Towson Tax Attorney

Sun, 14 Jun 2009 21:04:04 +0000

[...] as to whether to structure a sale as either an asset sale or a stock sale, including tax and liability issues. When utilizing an asset sale, the transferring documents must reference and account for [...]

Comment on Buying or Selling a Maryland Business – Taxes by Buying or Selling a Maryland Business – Transferring Assets « Towson Tax Attorney

Sun, 14 Jun 2009 21:04:01 +0000

[...] considerations as to whether to structure a sale as either an asset sale or a stock sale, including tax and liability issues. When utilizing an asset sale, the transferring documents must reference and [...]

Comment on 10 Ways to Spot Tax Settlement Scams by Mellisa

Mellisa — Thu, 11 Jun 2009 21:54:41 +0000

I think we need to check the forums and find out more about the companies. Questions posted in yahoo finance section would also help

Regards
Mellisa

Comment on Buying or Selling a Maryland Business – Taxes by Buying or Selling a Maryland Business – The Basics « Towson Tax Attorney

Thu, 11 Jun 2009 18:13:07 +0000

[...] the seller’s primary concerns are reducing taxes to be paid, obtaining relief from future liabilities, and ensuring any deferred payments are [...]

Comment on Buying or Selling a Maryland Business – Taxes by Buying or Selling a Maryland Business – Commercial Leases « Towson Tax Attorney

Wed, 10 Jun 2009 13:18:59 +0000

[...] power, this may be either favorable or unfavorable. The transfer of a lease can have tax ramifications as well, so your attorney should be notified of both the assignment and any changes [...]

Comment on Buying or Selling a Maryland Business – The Basics by Buying or Selling a Maryland Business – Taxes « Towson Tax Attorney

Buying or Selling a Maryland Business – Taxes « Towson Tax Attorney — Sun, 07 Jun 2009 05:27:50 +0000

[...] the tax consequences of a partnership sale in a separate article. The seller generally favors a stock sale because the seller is taxed upon sold stock using the capital gains rate (15%). In contrast, an [...]

Comment on Buying or Selling a Maryland Business – Past & Future Liabilities by Nebraska Mesothelioma Attorney, NE , malignant mesothelioma, NE Legal advisors

Nebraska Mesothelioma Attorney, NE , malignant mesothelioma, NE Legal advisors — Fri, 05 Jun 2009 07:04:38 +0000

[...] Buying or Selling a Maryland Business – Past & Future Liabilities [...]

Comment on Buying or Selling a Maryland Business – Past & Future Liabilities by Buying or Selling a Maryland Business – The Basics « Towson Tax Attorney

Buying or Selling a Maryland Business – The Basics « Towson Tax Attorney — Thu, 04 Jun 2009 23:04:25 +0000

[...] the seller’s claims about the business are truthful, obtaining relief from past or potential liabilities, ensuring the seller will not compete with his former business, and improving the business’s [...]

Comment on Buying or Selling a Maryland Business – The Basics by Buying or Selling a Maryland Business – Past & Future Liabilities « Towson Tax Attorney

Thu, 04 Jun 2009 12:34:34 +0000

[...] transaction can be structured to limit some forms of liability. If the buyer purchases a business using a “stock [...]

Comment on 2009 Maryland Tax Amnesty Summary by John A. Lally, Attorney at Law

John A. Lally, Attorney at Law — Fri, 22 May 2009 21:28:17 +0000

Please update me on Tax amnesty for Maryland Comptroller. Thank you.

Comment on 2009 Maryland Tax Amnesty Summary by Maryland Senate Proposes Tax Amnesty « Towson Tax Attorney

Maryland Senate Proposes Tax Amnesty « Towson Tax Attorney — Tue, 05 May 2009 17:31:25 +0000

[...] Tax, Maryland, Sales & Use Tax, SYL, Tax Amnesty by Jeff Rogyom Updated: I now provide a new article summarizing the final Maryland tax amnesty bill being sent to the governor and some policy [...]

Comment on Maryland Estate Planning by Maryland Estate Planning « Towson Tax Attorney

Maryland Estate Planning « Towson Tax Attorney — Wed, 22 Apr 2009 16:06:08 +0000

[...] Maryland Estate Planning [...]