Traveling for Business in 2024? What’s Deductible?
If you and your employees will be traveling for business this year, there are many factors to keep in mind. Under the tax law, certain requirements for out-of-town business travel… Read More
If you and your employees will be traveling for business this year, there are many factors to keep in mind. Under the tax law, certain requirements for out-of-town business travel… Read More
A Royal Refuge, Brideshead Revisited, and a 170-Year-Long Lawsuit Recall from two earlier monthly columns that Thomas Ligon/Lygon, the progenitor of the American Ligon line, is my proven great-g-g-g-g-g-g-g-g-grandfather, and… Read More
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or maybe you’re launching a… Read More
The 2023 individual income tax return filing season will open soon. Even if you typically don’t file until much closer to the April 15 deadline (or you file for an… Read More
In July 2023 I was privileged and lucky to be able to attend the reunion of the Ligon/Lygon family at the astounding Madresfield Court, in Worcestershire, England. As described in… Read More
Winter break and the holidays are fast approaching. For many people, this is an enjoyable time to spend time with family and friends, get a break from school and work,… Read More
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset… Read More
The last month of the year is flying by. But don’t worry! There are still plenty of fun, senior-friendly holiday activities in the area that you’re sure to love. So,… Read More
As we approach the end of the year, it’s time to take stock of our financial well-being and ensure that we’re on the right track for the year’s end and… Read More
Seneca residents took in a bit of holiday magic when Ballet Mobile visited residents at The Seneca bringing a festive ballet performance to The Seneca just in time for the… Read More
Under Section 179 of the Internal Revenue Code, companies can “expense” the full cost of qualifying fixed assets to reduce their taxable income. This means they can deduct the purchase… Read More
My first observation of Maryland’s quarterback, Tualia Tagovailoa, was shortly after his arrival in College Park from the University of Alabama in 2020 as a redshirt sophomore. He was at… Read More