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State Tax Filing Deadlines Pushed Back by MD Comptroller

Glenn Frank, CPA January 11, 2021 Tax Planning For Individuals, Tax Planning For Businesses, Tax Reform Leave a Comment

The Comptroller of Maryland has announced a new extension for filing and paying taxes and quarterly estimates.

IRS Issues Form 1099-NEC for Reporting 2020 Nonemployee Compensation

IRS Issues Form 1099-NEC for Reporting 2020 Nonemployee Compensation

Monica L. Sarver, EA January 4, 2021 Tax Planning For Individuals, Tax Planning For Businesses, Tax Reform Leave a Comment

Starting with the 2020 tax year, business taxpayers must report nonemployee compensation of more than $600 on new Form 1099-NEC instead of Form 1099-MISC.

Congress Passes & President Signs New COVID Relief Bill

Congress Passes & President Signs New COVID Relief Bill

Glass Jacobson Financial Group December 30, 2020 Tax Planning For Individuals, Economic Update, Tax Planning For Businesses Leave a Comment

The nearly 6,000-page Bill passed with overwhelming bipartisan support and was signed by the President.

tax strategies charitable giving

Time Running Out on Special Charitable Giving Provisions

Byron T. Deese December 7, 2020 Tax Planning For Businesses, Tax Planning For Individuals Leave a Comment

The holiday season always brings out the charitable inclinations in people, and this year will be no different. We may even see an increase in …

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Are Health Savings Accounts (HSA) the Ultimate Health Care Insurance Plan?

Byron T. Deese October 10, 2020 Personal Finance, Tax Planning For Individuals Leave a Comment

The Health Savings Account (HSA) has been around for more than 15 years, yet it remains one of the best-kept secrets as a tax savings …

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529 Plan Reimbursements for Off-Campus Living

Michael K. Creamer, CPA, CFP®, CDFA, ADPA October 5, 2020 Investing, Coronavirus, Personal Finance, Tax Planning For Individuals Leave a Comment

With college campuses opting for online classes during the COVID-19 outbreak, many students have been taking classes from home, and all indications are this will …

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About Glass Jacobson

Unlike other full-service accounting firms, Glass Jacobson offers a proactive, integrated approach to financial services. Our integrated services include tax preparation & planning, accounting & audit, strategic business consulting, divorce & litigation support, financial advisor services, financial planning, and 401k services. Bringing these services together under one roof allows you and our advisors to see the big picture as you make decisions for your business and life. The result is a cohesive approach to your finances and your future. We serve the Baltimore-Washington greater DC metro area, and have clients across the US and worldwide.
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