Tax Controversy and Litigation
Call for Free Consultation (410) 727-6600

Tax Controversy News

What to Know About Wayfair and Its Impact on Maryland Sales Tax Audits

Brandon N. Mourges | Nov 12, 2018

Earlier this year, the Supreme Court decided on the much-anticipated case of South Dakota v. Wayfair, 585 U.S. ___, 138 S.Ct. 2080 (2018).  At issue was the validity of a statute applying sales tax to internet retailers that had very limited economic nexus to the state (i.e., without property or employees in the state).  By…

Tax Deductions for Small Business Owners

Oct 29, 2018

Small business owners make up the bulk of American businesses. According to the Small Business Administration, in 2010, there were nearly 28 million small businesses, making up 99.7% of U.S. employer firms. More than 50% of the small businesses were home-based, and nearly 75% were sole proprietors. The vast majority of Maryland businesses, then, can…

The Business Tax Audit: Risks and Consequences

Jul 19, 2018

At best, a business tax audit will consume only time and personnel resources. At worst, you and your business could face criminal charges and payments of additional taxes, fines, and penalties. Moreover, if the audit uncovers fraudulent activity, substantial underpayments of taxes, or unreported income an audit can be expanded from three to six years,…

To File Jointly? Or Separately? Considerations for Married Couples in Maryland

Jul 19, 2018

For married couples who reside in Maryland, the question of whether to file taxes jointly or separately can be a burdensome task. Many people assume that joint filing is expected or more advantageous, but the interaction of federal and state tax laws can complicate the decision. Baltimore-based tax law firm Rosenberg Martin Greenberg can help…

Colliot and Its Effect on Penalties for Potential FBAR Violations: Ruling Provides for Significant Limitation on Amount of Penalties

Brandon N. Mourges | Jun 5, 2018

On May 15, 2018, the United States District Court for the Western District of Texas issued an important ruling concerning the application of willful FBAR penalties under 31 U.S.C. § 5321.  In United States v. Colliot, Case No. AU-16-CA-01281-SS (W.D. Tex. 2018), the court held that the Internal Revenue Service (“the Service”) could not assess…

Who Qualifies for This Massive Tax Break?

May 8, 2018

Small and medium sized businesses (SMBs) were quick to cheer the new 20% deduction on pass through income that Congress included in the new tax law. As with so many tax and legal issues, however, the devil is in the details. The tax attorneys at the Baltimore law firm, Rosenberg Martin Greenberg LLP, note that…

Responding to an IRS Letter 5935 and IRS Form 15023: What to Do (and Not Do) to Resolve Your Offshore Tax Issues

Brandon N. Mourges | May 2, 2018

In recent months, the Internal Revenue Service (“the Service”) began the process of issuing follow-up letters to taxpayers who either requested preclearance to participate in the Offshore Voluntary Disclosure Program (“OVDP”) or who submitted a voluntary disclosure letter within the OVDP.  For those that receive these letters – IRS Letter 5935 and IRS Form 15023…

Planning to Travel Abroad? Don’t Let the IRS Stop You at the Border. Understanding Recent Guidance Regarding Passport Revocation Rules Under I.R.C. § 7345

Brandon N. Mourges | Apr 30, 2018

As part of the Fixing America’s Surface Transportation Act (“FAST Act”) of 2015, Congress mandated that the State Department deny any passport application for an individual, or revoke any previously issued passport for an individual, if the Internal Revenue Service (“the Service”) certifies that the individual has a “seriously delinquent tax debt.”  In early 2018,…

Reporting Cryptocurrency Gains and Hard Forks

Michael J. March | Apr 18, 2018

Due to the inherent structure of cryptocurrency trading most users consider their transactions completely anonymous. The Internal Revenue Service (“IRS”) estimates three million individuals transact in cryptocurrency each year. However, only about 800 to 900 people disclose the capital gains on their Federal Income Tax Returns. Due to the lack of disclosure, in November of…

2017 Tax Act: Pass-Through Tax Cut Raises Questions

Mar 9, 2018

Since Congress passed the Tax Cuts and Jobs Act (the “Act”) on December 20, 2017,  tax professionals and the general public alike have been grappling to understand the Act’s full implications. One noteworthy change brought about by the Act is a new 20 percent deduction of certain business income for qualifying pass-through entities. The pass-through…

Talk to a Baltimore Tax Attorney Today

If you are seeking counsel for a tax related legal matter, contact the Rosenberg Martin Greenberg Tax Controversy experts.

Rosenberg Martin Greenberg

25 South Charles Street, 21st Floor MD 21201
Phone: 410-727-6600
Map & Directions

Rosenberg Martin Greenberg

705 Melvin Avenue Annapolis, MD 21401
Phone: 410-727-6600
Map & Directions