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Our lawyers are thinkers as well as doers—and have published numerous informative and insightful articles on topics related to their respective practices and our clients’ industries. Read what our people have to say about what’s important to you.

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Recent Articles

Family Businesses Beware: IRS Shifts Bullseye with Newly Proposed Tax Regulations

With the recent issuance of proposed regulations under Section 2704 of the Internal Revenue Code, the IRS continues to widen its net – this time focusing its efforts on ending, what some have long-perceived to be, preferential estate and gift tax treatment for owners of family-held business interests.

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Licensed Insurance Companies Exempt from Maryland Income Tax

Are insurers licensed to do business in Maryland subject to state income tax on profits derived from sources other than insurance policy premiums? Maryland Tax Court ruled that an insurer was not subject to Maryland income tax, regardless of the source of its profits in National Indemnity Company v. Comptroller of the Treasury, Dkt. No. 14-IN-OO-0433 (Md. Tax Ct. April 24, 2015). 

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What Should I Know About Maryland Estate and Gift Taxes in 2014?

On May 15, 2014, Governor O’Malley signed the Maryland legislature’s measure to ease the burden of the Maryland estate tax.

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2013 Maryland IDOT Legislation Expands Exemption Amount Applied For Recordation Tax

As a result of recent Maryland legislation, commercial property owners currently considering the financing or refinancing of their real estate may achieve significant recordation tax savings when using so-called “indemnity deeds of trust” (known as “IDOTs”). Last year, the General Assembly adopted legislation imposing a recordation tax upon IDOTs securing loans of $1 million or more. This year, Senate Bill 436 significantly amended the IDOT tax legislation, including expanding the exemption amount of $1 million so that tax savings can now be achieved for loan transactions up to $3 million.

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Past Articles

Judge awards $0 after Plaintiffs’ counsel seeks $1.1 million in attorneys’ fees after winning bad fa

In a scathing, 100-page opinion from the The U.S. District Court for the Middle District of Pennsylvania,…

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Impact of Overtime Regulations on Employers After DOL Files Reply Brief

Employers now have a clear picture of the Department of Labor’s position on its ability to…

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Filing a National Flood Insurance Claim in State Court is No Better Than Filing it in the Kitchen Dr

In Woodson v. Allstate Ins. Co., the United States Court of Appeals for the Fourth Circuit…

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Texas Federal Judge Enjoins U.S Department of Labor from Implementing and Enforcing its Final Rule R

U.S. District Judge Mazzant from the Eastern District of Texas issued a nationwide preliminary injunction…

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Family Businesses Beware: IRS Shifts Bullseye with Newly Proposed Tax Regulations

With the recent issuance of proposed regulations under Section 2704 of the Internal Revenue Code,…

read more »