News

Maryland Laws Affecting Contractors Effective July 1, 2011

Maryland Laws Affecting Contractors Effective July 1, 2011 Effective July 1, 2011 certain laws passed by the Maryland General Assembly and signed by the Governor will go into effect. The following Laws may have an impact on your business as a contractor: Senate Bill 120/House Bill 456 – Minority Business Participation This Bill extends the…

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Maryland MBE and DBEs: Online Resources for MBE and DBE Applicants

Numerous online resources exist to assist potential Maryland MBE/DBEs navigate the application process. The following list contains important websites that any potential minority business enterprise or disadvantaged business enterprise should consult prior to filing of an application to the Maryland Department of Transportation. These online resources will assist in clarifying any potential questions that may…

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How to Work with Procurement Officers on MBE Contracts

Contractors in Maryland familiar with State and County procurement have likely experienced the heavy handed scrutiny of their Minority Business Enterprise (“MBE”) participation forms contained in their bid submissions. Quite often the procurement officer will reject bids for very minor irregularities in the MBE forms. For example, this law firm represented a contractor who submitted…

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Timing Your Bond Claim

As private construction projects remain scarce, many subcontractors are focusing on public work. While the government will certainly eventually pay its general contractor, delays are likely and you can expect the party with whom you contracted to drag its feet on payment as well. However, you should not let your bond rights slip in trusting…

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Maryland General Assembly Update

The 2011 regular legislative session of the Maryland General Assembly was relatively quiet as far as changes to tax law are concerned. Nonetheless, there were a few changes of note for businesses and their owners: The sales and use tax on alcoholic beverages will increase from the generally applicable rate of 6% to 9% on…

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Protecting Your Work Online

Dilemma: You find out that a company has copied an article that you created from your website, and it is using it on its website as if it had written the article itself. You want to stop them from using your article but you do not have a copyright registration for anything on your website.…

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Calling All Authors – Protect Yourself Before You Publish

You have finally finished your manuscript and are looking to close your publishing deal. The next, critical step is to retain counsel to provide legal advice on any publishing agreement. Publishing companies, in general, will use a form agreement in negotiations with an author. Keep in mind, however, that form agreements are usually drafted by…

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Built to Last – Business Succession

Building a successful business can take much of a lifetime; passing it along to the next generation should not consume all the rest. Succession planning, especially if the intended successors are family members, is essential both for purposes of estate planning and ensuring that the business legacy continues in capable hands. Numerous strategies are available.…

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New Tax Law Provides Greater Certainty in Business Tax Planning

Until the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “Tax Relief Act of 2010”) became law on December 17, 2010, the fate of a number of existing tax relief provisions were unclear. In the waning days of December 2010, it was widely believed that current tax provisions would be extended…

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Are You Really Covered?

An interesting federal appeals court case affirms an insurance coverage rule that all businesses that carry professional liability insurance should know. The case involved an accounting firm’s professional liability policy that started on July 1, 2008, which covered the firm in the event that it was held to be liable for, “an act or omission…

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