fbpx

Finance

State officials, brewers anticipate compromise over ‘taproom tax’

For nearly a year, craft brewers have railed against a plan by the state Department of Revenue that would require breweries to start charging a 6 percent sales tax on all their taproom products, including draft beers served on site and six-packs and growlers to go. The state is scheduled to begin enforcing the taproom tax in July, but a legislative fix is in the works.

Read More »

Guest view: An “opportunity” to eliminate federal capital gains tax?

Sounds too good to be true, right? Over the past nine months, I have received calls from a number of my clients asking about a new investment opportunity being pitched to them. Whether it was a downtown York restaurant or an apartment complex in Baltimore, a primary draw of these investment opportunities was the potential tax savings. Many of these clients I would label “sophisticated investors,” so they are all well aware of various investment and tax-deferral strategies, such as 1031 like-kind exchanges. But permanent tax abatement? That almost seems too good to be true.

Read More »