Tax Controversy News

5 Reasons to Work with a Baltimore Tax Lawyer

Aug 27, 2015

Advertisements for do-it-yourself tax solutions may sound attractive but there are times when there is simply no substitute for a Baltimore tax lawyer. The following are a few of the reasons you should draw on the expertise of a tax attorney at Rosenberg Martin Greenberg. You face tax penalties. We have seen the number of…

Enter Taxman: Income Taxation of Personal Injury Litigation Settlements

Aug 19, 2015

You represent a client in a difficult personal injury case and are close to finalizing an agreement that you believe would achieve a great result for your client.  Is it time to celebrate?  Not quite yet.  You have to consider and address one of the things that is certain in life:  TAXES.  Is Uncle Sam…

Maryland Couple Pleads Guilty to Fraud, Tax Evasion

Aug 12, 2015

In a case characterized by a blatant, elaborate plot to deceive and defraud, a Keymar, MD couple has agreed to a plea deal with the federal government, thereby subjecting themselves to the possibility of significant prison sentences and sizable fines and restitution requirements. Shaun and Joanne Tucker are scheduled to be sentenced on November 20 for…

Understanding the Distinction Between Income Tax Fraud, Simple Negligence and Criminal Tax Violations

Jul 31, 2015

The Internal Revenue Service (“Service” or “IRS”) can instill fear in the hearts of even those taxpayers who make every effort to remain in full compliance with tax laws, despite the fact that only a small number of criminal tax prosecutions and convictions take place each year. Even if a case is not ripe for criminal prosecution,…

2015 Maryland Tax Amnesty Program Offers Penalty Reductions, Other Benefits

Jul 17, 2015

In a stroke of good news for those who are a bit late on filing required tax returns in Maryland, the state has announced its “Act Now, File Now” tax amnesty program, offering delinquent taxpayers the opportunity to bring their accounts current, pay outstanding liabilities and owe only half of the interest amounts that would…

What is the 2015 Maryland Tax Amnesty Program? Should I participate?

Jul 16, 2015

(This was originally featured in The Baltimore Business Journal on July 10, 2015) The Tax Amnesty Program, which only runs from September 1 to October 30, 2015, allows businesses and individuals who have unfiled tax returns, unpaid tax debts, or previously filed inaccurate tax returns, to come into compliance with their state tax obligations.  The…

How To Request Penalty Abatement

Jul 6, 2015

Filing a tax return is a burden we all face every April 15th, but about 7 million taxpayers skip the deadline each year. That move is a costly one; those who fail to file their taxes on time can face a penalty of up to 25%. Luckily, Maryland tax attorneys at Rosenberg Martin Greenberg know the ins and outs of penalty…

Leigh Kessler Featured in AFDA Webinar on White Collar Crime

Jun 30, 2015

Watch Leigh Kessler speaking at the AFDA May Webinar on White Collar Crime here: http://afda.org/web/videos/AFDA_May_Roundtable

More Reporting Requirements for U.S. Owners of Foreign Businesses

Jun 23, 2015

Every five years, the Bureau of Economic Analysis (“BEA”) collects data on a BE-10 Benchmark Survey (“BE-10”) report from U.S. persons that had direct or indirect ownership or control of at least 10 percent of the voting stock of an incorporated foreign business enterprise, or an equivalent interest in an unincorporated foreign business enterprise. “Person”…

Responding Effectively to an IRS Notice of Tax Audit

Jun 19, 2015

If you have had the unpleasant, even panic-inducing experience of receiving a tax audit notice from the IRS, you probably want to know exactly what lies ahead. A tax audit is simply an accounting practice in which IRS representatives will review your personal or business finances in order to make certain that one or more…

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.