A transportation funding bill signed into law earlier this month (December 2015) includes a controversial tax collection measure that may affect U.S. citizens’ freedom to travel. Beginning in 2016, the new provision allows the IRS to disclose to the U.S. State Department the identities of taxpayers with “seriously delinquent tax debt.”Read More
The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.
On June 25, 2015, in the eagerly anticipated case of King v. Burwell, the Supreme Court (in a 6-3 vote) ruled in favor of the Obama Administration, upholding the IRS’ authority to provide federal subsidies to individuals in states where the health insurance exchange is run by the federal government (rather than the state).Read More
Paley Rothman was honored to host a lively question and answer lunch with Maryland Comptroller Peter Franchot along with several other officials from the Comptroller’s office on Friday, June 5. Comptroller Franchot and his colleagues graciously answered many questions raised by the attorneys here.Read More
In Comptroller of Treasury of Md. v. Wynne, Maryland taxpayers received a victory when the U.S. Supreme Court struck down as unconstitutional Maryland’s practice of providing only a partial rather than full tax credit against Maryland income tax for income tax paid by its residents to other states.Read More
As April 15 – Tax Day – approached, many people scrambled to meet the April 15 filing deadline, oftentimes dreading the anticipated tax hit. In fact, some people believe that the weeks leading up to Tax Day are some of the most stressful financial times for families.Read More