Entries by S.H. Block Tax Services

FAQ: What Is the Assignment of Income?

Assignment of income allows you to assign part of your income directly to another person. While there are several valid reasons to assign your income to someone else, many taxpayers mistakenly believe that it can help lower their taxable income. While assignment of income allows you to divert income, you cannot divert taxes. In this […]

5 Tips for Lowering Your Tax Bill in 2019

Federal tax laws are continually changing, and it’s becoming harder to optimize your tax return. While recent tax changes have eliminated some of the breaks and deductions available to taxpayers, there are still ways you can legally reduce your tax obligation. In this article, we’ll discuss five tips for lowering your 2019 tax bill and […]

The Comptroller is Putting Forward a New Website, with Input from our own Eric Bielitz

10/19/19 Yesterday, our associate attorney, Eric Bielitz, participated in a focus group convened by the Comptroller of Maryland at its Annapolis headquarters.  The Comptroller invited Eric and other select tax professionals from business, accounting firms, and non-profits, to comment on the Comptroller’s new website, which it plans to unveil by year’s end.