Tax Reform and your Property-Related Deductions


H.R. 1, originally known as the “Tax Cuts and Jobs Act,” makes certain changes to mortgage interest and property interest deductions.
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Continuous Operations Clauses: Can Landlords Force Tenants to Remain in Business?


Amid the uncertainty plaguing brick and mortar retail establishments, some commercial landlords may find themselves with an extra tool in their arsenals to temporarily stave off tenant vacancies: continuous operations clauses.
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Goodbye Delaware and New York? Senate Bill Introduced That Could Significantly Impact Venue of Bankruptcy Cases


On January 8, 2018, Senators John Cornyn (R., Texas) and Elizabeth Warren (D., Massachusetts) introduced a bill that, if passed, would require companies to file for relief under the bankruptcy code in a court near its principal place of business or where the principal assets of the company are located.
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Montgomery County Senior Tax Credit – Consecutive Applications Required


On March 7, 2017 and June 27, 2017, respectively, the Montgomery County Council enacted Bills 42-16 and 13-17 to provide a property tax credit for elderly individuals and retired veterans.
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Treasury Suspends Sales of State and Local Government Series Securities


The U.S. Department of the Treasury’s Bureau of the Fiscal Service (the “Treasury”) announced on December 6, 2017 the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities, effective 12:00 noon Eastern Time, December 8, 2017.
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Deemed Dividends Under Proposed Tax Reform


2017 tax reform efforts may alleviate adverse deemed dividend tax treatment of foreign subsidiary support for the obligations of U.S. parent companies.
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Opioid Epidemic Likely to Become a Workplace Issue for Maryland-Area Employers


Drug overdoses are now the leading cause of death for Americans under the age of 50.
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An Inside Job: Highlights From November’s ACC Presentation


On November 8, 2017, Suzzanne W. Decker, a Principal in the Miles & Stockbridge Labor, Employment, Benefits & Immigration practice group, and Sandra McLelland, Managing Counsel at Under Armour, presented a webinar to members of the Association of Corporate Counsel (“ACC”) on preserving the attorney-client privilege in corporate investigations and the extent to which internal communications may be protected by the attorney-client privilege or the attorney work-product doctrine.
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Senate Tax Bill Maintains Private Activity Bonds While Terminating Advanced Refundings


Introduced on November 9, 2017, the Senate Tax Bill would maintain private activity bonds (“PABs”).
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The Estate Tax is Dead - Long Live the Repeal?


On November 2, 2017, a bill called the “Tax Cuts and Jobs Act” was introduced to the United States House of Representatives.
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