As anybody who has paid even a little bit of attention to the news recently surely knows, the federal government recently passed this year's budget reconciliation (Big Beautiful Bill), touching on hundreds of pieces of federal law. Our industry watched the bill's progress closely because of efforts to deregulate certain National Firearms Act (NFA) weapons. … Continue reading Could SBR’s Soon Be Cheaper than Rifles? A Possible Side Effect of the BBB
Tag: tax
If You Thought ITAR Was Bad…Firearm and Ammunition Manufacturing, Importing (and Gunsmithing) Taxes
Recently, attorney Adam Kraut with Firearms Industry Consulting Group, a division of Prince Law Offices, P.C., blogged about the guidance recently issued by the Directorate of Defense Trade Control (DDTC) relating to its interpretation of what constitutes manufacturing under the Arms Export Control Act (AECA) and its implementing regulations, the International Trafficking in Arms Regulations … Continue reading If You Thought ITAR Was Bad…Firearm and Ammunition Manufacturing, Importing (and Gunsmithing) Taxes
Taxation on Legal Services in PA Likely Unless You Act Now!
Next Monday or Tuesday there will likely be a vote on Senate Bill 76 which will potentially affect the cost to obtain legal services within the state. The proposed legislation would implement a 7% tax on legal services within the state. This tax would be detrimental to those who have a difficult time affording legal services … Continue reading Taxation on Legal Services in PA Likely Unless You Act Now!
NEWSFLASH: Feds Actually Put Gun Tax Revenue to Good Use
Recently, there have been several politicians who have attempted to introduce bills aimed at curbing our 2nd Amendment rights. Many of these bills are either absurd, frivolous, unconstitutional, or seek to impose draconian punishments for even trying to otherwise lawfully possess firearms and ammunition. One of the current tactics for anti-gun politicians at both the … Continue reading NEWSFLASH: Feds Actually Put Gun Tax Revenue to Good Use
Can the Non-Custodial Parent Ever Claim the Children on Federal Taxes After a Separation or Divorce?
By Matthew T. Hovey, Esquire It's tax season again and the April 15th deadline is quickly approaching! As a result, as a family law attorney, a lot of tax related questions are coming in from my clients. A common question is: can the non-custodial parent ever claim the children on federal taxes after a separation … Continue reading Can the Non-Custodial Parent Ever Claim the Children on Federal Taxes After a Separation or Divorce?
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