In Maryland, we are fortunate to have the geographic location that provides many government contractors with direct access to our Federal government and associated contracts. But, to be a successful government contractor, you will likely need to engage a knowledgeable
Nov, 2018
What You Need to Know About Net Operating Loss Tax Changes
The 2018 tax reform made many good changes in the tax law for the small-business owner. But the changes to the net operating loss (NOL) deduction rules are not necessarily in the good-changes category. They are designed to put money
Sep, 2018
How Will Recent Tax Law Changes Affect Your 2018 Return?
Now is a good time to start preparing for the 2019 tax season so you won't be surprised with tax bills when the new year rolls around. This year, it's even more important to review your situation with the new
Sep, 2018
Qualitax Becomes Emerald Financial Partners
For Immediate Release
It’s an exciting time here at Qualitax and I wanted you to be among the first to know! Over the next few weeks and months, you’ll notice that Qualitax will now become Emerald Financial Partners.
For
Aug, 2018
Good News for S-Corps
Tax reform gives you a new 20% Section 199A deduction on pass-through income. But be aware the IRS requires that you pay yourself "reasonable compensation." If you don't, you can torpedo your deductions and be forced to pay extra
Aug, 2018
3 Reasons Your Business Needs a Strong Financial Partner
Whether you are a new business start-up or a business with years of history, the most important aspect of your business is the financials. Many business owners burn out because they try to wear too many hats or just don’t … Read More