Close

Articles

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.

Articles

Recent Articles

GOP Tax Bill Proposes Estate Tax Repeal…Hooray?

On November 2, the GOP released its tax reform bill, known as the Tax Cuts and Jobs Act (H. R. 1), which proposes to phase out the federal estate tax, a.k.a. the “Death Tax,” over the next five years and beginning in 2018 increase the federal estate tax exemption to $10,000,000 per person. The proposed repeal of the estate tax - while flashy for headlines – does not impact the overwhelming majority of estates, which will be affected by several important factors: the extent of your wealth, and where you live.

read more »

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.

read more »

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). 

read more »

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.

read more »

Past Articles

SEC Imposes New Requirements for Brokers and Advisers in Adoption of Regulation Best Interest

On June 5, 2019, the Securities and Exchange Commission (SEC) approved the Regulation Best Interest,…

read more »
Representations & Warranties Policies: A Coverage Primer

Representation and Warranties policies (R&W policies) insure representations made by a Seller…

read more »
Reported Data Breaches Involving Maryland Residents on the Rise

Data breaches continue to occur on a spectrum of small to significant scale that can affect businesses…

read more »
Maryland Takes on the SEC in Debate Over Fiduciary Standard of Care

The Maryland legislature may soon be considering legislation that would require Maryland-licensed…

read more »
Baltimore City Increases Recordation & Transfer Taxes for Some Real Estate Transactions

In a bid to provide a reliable source of funding for an affordable housing trust, Baltimore City Council…

read more »