November 5, 2021 | IRS Announces 401(k) Limit Increases to $20,500
The IRS has recently announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from...
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October 25, 2021 | Good News for Crypto – Gas Fees Have Tax Benefits
If you’re anything like me, you’re feeling the FOMO (fear of missing out) when you hear that someone just turned $40 into $20,000...
July 16, 2021 | Monthly Child Tax Credit Payments
The first batch of advance monthly payments were issued by the IRS on July 15, 2021. Under the American Rescue Plan, each payment is up...
June 24, 2021 | We Are Growing
We are growing and currently hiring in our Tax, Audit, Small Business Services and Administrative Departments! To view the full job...
June 2, 2021 | IRS Cracks Down On Unreported Virtual Currency Income
As the use of Virtual Currency increases, the IRS has signaled that they are beginning to step up their enforcement of tax on these...
April 23, 2021 | Restaurant Revitalization Fund
As part of the American Rescue Plan Act that became law in March 2021, the Small Business Administration (SBA) has set up a $28.6 billion...
March 2, 2021 | MD Unemployment Tax Rates Have Increased For 2021
Due to the COVID-19 pandemic, the Division of Unemployment Insurance has increased the range of unemployment tax rates for contributory...
March 1, 2021 | Scanning Documents Using Hand Held Devices
Did you know?? Hello BGH Friends and Family. Did you know you can scan a document on your phone or tablet just by taking a picture? ...
February 20, 2021 | Fraudulent Maryland Unemployment Claims continue into 2021
Maryland has been dealing with increased fraudulent unemployment claims since July 2020 but in the first six weeks of 2021 the fake...
Febuary 13, 2021 | Relief Act of 2021
Governor Larry Hogan has introduced the RELIEF Act of 2021, an emergency stimulus and tax relief package that will provide more than $1...
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