Tax Controversy and Litigation
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Marijuana in Maryland: Tax Considerations for Businesses as Legalization of Medical (and Recreational?) Use Become a Reality

With the creation of the Maryland Medical Cannabis Commission and the dispensary permitting process moving forward, Marylanders will soon have access to marijuana for medical use.  Many anticipate that the legalization of the recreational use of marijuana is not far behind.  In the most recent session of the Maryland General Assembly, multiple bills calling for…

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Deductions Up in Smoke?

In 2014, Maryland followed the path of many other states and passed legislation to legalize the sale of marijuana for medical use. Aside from the Maryland Medical Cannabis Program, some speculate that this action may usher in the legalization of marijuana for recreational use in the near future in Maryland. Given that monthly marijuana sales…

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Owe $100,000 or Less to the IRS? Immediate Action Needed! Limited-Time Pilot Program Ends September 30, 2017

The IRS recently announced the expansion of its Streamlined Processing of Installment Agreements (“Streamlined Processing”), which could potentially benefit thousands of taxpayers.  While Streamlined Processing has been around for some time, the new pilot program will extend to taxpayers who owe up to $100,000 in total taxes, interest, and penalties.  Those qualifying for Streamlined Processing…

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Tax Preparers Beware! Recent Actions Illustrate Severity of Potential Penalties

As is now an annual tradition occurring during the first few months of the year, the Internal Revenue Service (“the IRS”), Department of Justice, and Comptroller of Maryland recently publicized a number of enforcement actions taken against tax return preparers.  These enforcement actions serve as a reminder to both tax preparers and taxpayers alike that…

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What is an IRS CP2000 Notice?

Shortly after tax returns are processed by the IRS, many taxpayers unfortunately receive an IRS CP2000 Notice from the IRS.  These are computer-generated notices that are sent automatically when an item or items reported on a tax return either does not match or does not include items received from third parties by the IRS or…

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Recent Suspensions of Maryland Tax Preparers: Good Press for the Comptroller or Violations of Confidentiality Laws?

During the height of the most recent tax filing season, the Comptroller of Maryland (“the Comptroller”) announced a major step to try to thwart the filing of allegedly false or fraudulent tax returns.  Significantly, the Comptroller summarily suspended the processing of tax returns filed by those engaging in perceived “questionable” preparation practices, such as Liberty…

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Update: IRS Proposes Substantial Changes to Tax Withholding on Winnings from Pari-mutuel Bets

If Adopted, Many Exotic Wagers Will Avoid Burdensome Withholding Requirements (This post is an update from an earlier article, found here: “I won big on a horse racing bet…”) On December 30, 2016, the Internal Revenue Service (“IRS”) proposed rules that mark a striking change for tax withholding and reporting for a variety of gaming…

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IRS Expects Olympians To Pay Victory Tax

For the past two weeks, spectators around the world tuned in to the summer Olympic games broadcast from Rio de Janeiro. After each thrilling victory, all eyes fall on the podium as the winners stand, teary-eyed, as their national anthems are played and their flags waved. Likely the last thought in these athletes’ minds is, “how much…

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Understanding the IRS Collection Process: Collection Notices, Notices of Intent to Levy, and How to Respond

For a free consultation, call (410) 951-1149. If you owe taxes to the Internal Revenue Service (“IRS”), there is a significant chance that you have been flooded with a variety of harassing notices.  It is often difficult to make sense of everything. What do you need to know about this process and the notices received? A brief…

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Rosenberg Martin Greenberg

25 South Charles Street, 21st Floor MD 21201
Phone: 410-727-6600
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Rosenberg Martin Greenberg

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