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Showing posts from August, 2019

Contract Disputes: Three Basic Types of Dispute Resolutions

Disagreements over certain decisions sometimes lead to contract disputes and since people don’t know ways to resolve them, these disputes can turn bad. Here are three basic types of dispute resolutions disputants can apply to their situation accordingly. 1. Mediation A neutral third-party known as a mediator is involved in the mediation process to help disputants resolve their dispute. A professional mediator works with opposing sides and exposes them to the interests on their side. Mediation takes place when both parties vent their feelings for a while to explore their complaints. Bethesda Legal services allow mediation and we prefer this over the other two. 2. Arbitration While mediators play the role of helping disputants to explore problems of one another, the arbitrator is also a third party that works as a judge between the two and decides how to resolve the dispute after hearing all the parties. The arguments with relevant evidence mostly get the resolution in th

Two More States Now Allow Businesses to Absorb Sales Tax

The recent changes in the tax law of two states Pennsylvania and Texas saw major changes. According to the newly passed legislation, businesses are allowed to absorb sales tax. This means that rather than collecting from the customer, businesses can now pay the due tax on the consumer’s behalf. As top law firm Rockville , we know that this is already legal in many states. This felt more like following a trend that was already there in states such as Maryland and which can be coming in other states soon.  As per Pennsylvania laws before, absorbing sales tax was illegal but this decision will be welcomed by businesses as well as consumers. Prior to this new law, sellers were required to collect all the tax from the buyers and it was a punishable misdemeanor if businesses failed. It wasn’t a trifling matter since they used to pay up to $1000 or serve in prison for up to 1 year or both. The flaw in the previous Pennsylvania law was that it allowed sellers without nexus from other s

Can You Get Jailed For Not Paying Tax?

It is very common to find some people overlooking their tax deadlines and not paying taxes for the year. And we, as widely experienced tax attorney Rockville , have seen individuals who neglect their tax payments for two or more years due to various reasons. If you somehow are standing in this position, there’s bad as well as good news for you. The bad news is that unfortunately, you can go to jail for not paying taxes. The good news is that it can still be fixed easily. But you should understand one thing, you cannot go to jail if you don’t have money to pay your taxes.  What Can Get You in Jail It is a fact that the IRS never files criminal charges against a taxpayer just because he or she doesn’t have enough money to pay. It’s just that you pay much higher penalties while paying late than you pay the taxes on time. However, these things can get you in jail. 1. Tax evasion: Filing fraudulent returns is one of the tax evasion actions, and it can get you in prison for up to