July 5, 2018 / by bmc_admin / Tax
The massive changes the Tax Cuts and Jobs Act (TCJA) made to income taxes have garnered the most attention. But the new law also made major changes to gift and estate taxes. While the TCJA didn’t repeal these taxes, it did significantly reduce the number of taxpayers who’ll be subject to them, at least for […]
Read more
Accounting | Insurance | Financial Planning| Call us at 301.698.0795
Subchapter V: A silver lining for small businesses mulling bankruptcy
May 14, 2020 / by Sherie Johnson / Newsletter, Small Business
Many small businesses continue to struggle in the wake of the coronavirus (COVID-19) pandemic. Some have already closed their doors and are liquidating assets. Others, however, may have a relatively less onerous option: bankruptcy. Although bankruptcy obviously isn’t an optimal outcome for any small company, there may be a silver lining: A new bankruptcy law […]
Read more
The Tax Impact of the TCJA on Estate Planning
July 5, 2018 / by bmc_admin / Tax
The massive changes the Tax Cuts and Jobs Act (TCJA) made to income taxes have garnered the most attention. But the new law also made major changes to gift and estate taxes. While the TCJA didn’t repeal these taxes, it did significantly reduce the number of taxpayers who’ll be subject to them, at least for […]
Read more