As baby boomers plan for retirement, there is a growing need for long-term care. At the same time, costs for nursing home care, assisted living …
Rent Your Home on Airbnb? How New Tax Code Impacts MD, VA, and DC
If you’re renting out a property through Airbnb or a similar short-term rental platform, or plan to, you should know that local law requires you …
Unclaimed Money in the Billions Awaits Rightful Owners
Did you know that billions of dollars are sitting unclaimed in accounts in the United States? The proper beneficiaries are not claiming their money – …
Maryland Taxpayers May Qualify for Student Loan Debt Relief Tax Credit
At Glass Jacobson, our tax preparation team is always looking for ways to save our clients money. If you live in Maryland, you may not …
Investing in Qualified Opportunity Zones (QOZ) Can Reduce Capital Gains Taxes
In 2017, Congress established the Qualified Opportunity Zone (QOZ) program as part of the Tax Cuts and Jobs Act. The purpose of the new program …
New Tax Laws Are Impacting Homebuyers as They File Their Tax Returns
Are you a recent homebuyer preparing your 2018 taxes? You’ll definitely want to know about some important tax law changes that have come into effect …
