News
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…
Read MoreProfessional Liability Insurance: 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. Here, the qualified Maryland attorneys at Bowie & Jensen discuss items that you should look out for in your professional liability insurance coverage, and how our team can make sure you are properly protected.…
Read MoreLock-Out Or Not, the Washington Redskins Lost
Lock-out or not, the Washington Redskins lost today. In court. A federal appeals court upheld a decision that the team violated the Americans With Disabilities Act by not providing three individuals who are deaf or hearing-impaired, with access to the lyrics to music played over the speakers at the Redskins’ home stadium, FedEx Field. The…
Read MoreConstitutionality of Requiring Vaccines for School Children
Yesterday the United States Court of Appeals for the Fourth Circuit, which is the federal appeals court that has jurisdiction over federal courts in Maryland and other Mid-Atlantic states, upheld the constitutionality of a West Virginia law requiring all children to be immunized for diphtheria, polio, rubella, tetanus, and whooping cough as a condition to…
Read MoreBusiness Law: SBA Makes Changes to the 8(a) Business Development Program
On March 14, 2011, revisions to the U.S. Small Business Administration 8(a) Business Development Program become effective, marking the first time in 10 years that comprehensive changes will be made. The revisions include technical and substantive changes to ensure small businesses can properly compete and win federal government contracts. The revisions encompass changes to numerous…
Read MoreBusiness Law: How To Work With Your Banker When Loan Default Looms
Mark T. Jensen, co-founder of Bowie & Jensen and head of the firm’s transaction department, gives tips for businesses struggling with loans Towson, MD: Mr. Jensen is a co-founder of Bowie & Jensen and leads the firm’s transactional department. He has received numerous legal awards and most recently was named to SmartCEO’s legal elite. As…
Read MoreEstate Planning: Congress Increases Tax Exemptions and the Opportunity for People to Share Them
Last December Congress enacted estate tax legislation that substantially increases exemptions and the opportunity for married couples to share them. Unfortunately, the new law expires at the end of 2012, again creating uncertainty for estate tax planning beyond the near term. Under the new legislation, each individual estate is exempt from federal estate tax up…
Read MoreWorst CEOs of 2010 – What Not To Do In 2011
Tony Hayward of BP, Mark Hurd, CEO of HP and William Weldon of Johnson & Johnson have been identified by Sydney Finkelstein, Steven Roth Professor of Management at the Tuck School of Business at Dartmouth College, as the worst CEO’s of 2010. Professor Finkelstein found that they all share the “unfortunate combination of believing they’ve…
Read MoreBaltimore County Loses Appeal; Forced to Pay $700,000 Plus Interest in Breach of Contract Suite
Baltimore County Loses Appeal; Forced to Pay $700,000 Plus Interest in Breach of Contract Suit; Monetary award has been accruing interest at a rate of 10% as allowed by Maryland law. Today the Fourth Circuit Court of Appeals issued an opinion affirming that Baltimore County is liable for breach of contract by wrongly terminating its…
Read More