Normally, any type of income that you earn is taxable under the United States tax code, unless the income is specifically excluded from tax. Income earned from renting real estate is definitely taxable. However, under […]
Business
During Tax Season, Beware of Scams
This is the time of year where some virtual criminals try to take money that is not theirs. With everyone needing to have a financial transaction with the IRS and States, there is plenty of […]
Ball’s 2025 State of Business Address for Howard County
ELLICOTT CITY, MD – Howard County Executive Calvin Ball yesterday delivered his annual State of Business Address and embraced Howard County as the “Gateway to opportunity” during the Business Outlook Luncheon hosted by the Howard […]
Community Foundation of Howard County’s Beverly White-Seals to Retire
COLUMBIA, Md. — Beverly White-Seals, president and CEO of the Community Foundation of Howard County, announced that she will retire from her role later this year after 13 years of dedicated service to the organization. […]
How to Get the Most Out of Your CPA
You have made the decision to retain a CPA to help you with your taxes or your business books. How do you maximize the value that you will receive for your dollar? Retaining a CPA […]
Seven Steps to Determining the Need for a Financial Professional
The decision to retain a professional to maintain the financial records of your business and/or help you understand the story behind the numbers is certainly a big decision for many people, as well as a […]
Converting to an S-Corp is Not Always the Best Move
One of the questions I often get asked by my small business clients is whether it would be better to convert the LLC to an S-Corp. The thinking is that as an S-Corp owner, I’ll […]