Montgomery Community Media

When you decide to start a business, one of the most important decisions you’ll need to make is choosing a business entity. It’s a decision that impacts many things–from the amount of taxes you pay to how much paperwork you have to deal with and what type of personal liability you face, and with the […]

Small business identity theft is a big business for identity thieves. Just like individuals, businesses may have their identities stolen, and their sensitive information used to open credit card accounts or used to file fraudulent tax refunds for bogus refunds. As such, small business owners should be on guard against a growing wave of identity […]

Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes for 2016. Standard Mileage Rates The standard mileage rates in 2016 are as follows: 54 cents per business mile driven, 19 cents per mile driven for medical or moving purposes, and 14 cents per mile driven […]

There are a number of end of year tax planning strategies that businesses can use to reduce their tax burden for 2016. Here are a few of them: Deferring Income Businesses using the cash method of accounting can defer income into 2017 by delaying end-of-year invoices so payment is not received until 2017. Businesses using […]

“21 This Week” host Casey Aiken and his panel discuss how the 2014 Maryland Governor’s race may affect corporate taxes. Guests Mark Uncapher, Eric Hensal and Jim Shalleck comment. Take a look. Learn more about 21 This Week and watch previous episodes, on demand. Guests: Eric Hensal, Democratic Activist Jim Shalleck, Republican Attorney Mark Uncapher, […]