Four states have petitioned the U.S. Supreme Court to take up the issue of federalism as it applies to the federal cap on state and local tax (SALT) deductions. In …
Gov. Hogan Introduces More Tax Relief for Individuals and Businesses
On January 19, Maryland Gov. Larry Hogan presented a $58.2 billion budget proposal based on an unprecedented level of surpluses and revenue growth for the state. The plan proposes generous …
All Time High Anxiety
Investors should take comfort knowing that share prices are not fighting the forces of gravity when they move higher and have confidence that record highs only tell us the system is working just as we would expect—nothing more.
Market Review and Outlook: Q4 2021
Read more below to find our market review and outlook on the recent activity in the US market over the fourth quarter of 2021.
More States Adopt the Pass-Through Entity (SALT Cap Workaround)
With the passage of the 2017 Tax Cuts and Jobs Act (TCJA), many higher earners were hit with a rude surprise. The TCJA placed a $10,000 cap on allowable state …
Employee Retention Credit Ends With New Infrastructure Bill
The $1.2 trillion Infrastructure Investment and Jobs Act signed into law by President Biden contains a provision effectively ending the Employee Retention Credit, also known as the Employee Retention Tax …