As of July 1, 2019, employers in the District of Columbia (DC) are required to pay a 0.62% quarterly payroll tax that will go towards …
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 …
Use Trusts to Navigate Complex Inheritance and Tax Issues
Trusts are an excellent wealth management tool that can help you legally navigate inheritance and tax issues. Depending on your objectives, you can choose from …
Special Needs Trust: What It Is and When to Use It
A special needs trust should be considered by parents or other caretakers of someone with a physical or mental disability. This financial vehicle offers several …
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 …
