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Articles of Information

Maryland Sales Tax on Creative Design and Services

Posted on May 27, 2015

Historically, the ultimate factor in determining if sales tax was to be charged was whether the product being sold or the work completed was tangible. Tangible items in this case might include … Continued →

Posted in Articles of Information

How do I deduct a bad debt on my individual income tax return?

Posted on May 27, 2015

Nonbusiness creditors may deduct bad debts when they become totally worthless (i.e. there is no chance of its repayment). The proper year for the deduction can generally be established by showing … Continued →

Posted in Articles of Information

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