The SAFE Banking Act was a big step toward removing barriers for cannabis businesses. But other obstacles loom. Among them, the tax code.

Or: how to deduct the sportscar of your dreams. 

It’s not rocket science, but could it be a clever scheme to make a living and avoid the IRS?

It's often smart to file your tax returns early. But is that the case this year?

Those crowdfunding contributions you made or received last year, amid the hardships of the COVID-19 pandemic, are they tax deductible?

And why it might have you feeling a bit more charitable than usual.

When COVID-19 prompted a mid-March campus “Terp” shutdown it also halted TerpTax, a 6-year-old, free on-campus tax-filing service. Maryland students – mostly Maryland Smith accounting majors and including both master’s students and undergrads – had been assisting student peers and low-income members of the surrounding community, as both walk-ins and by appointment, from 6-9 p.m. Mondays through Thursdays in Room 3522 of Van Munching Hall.

For the fourth consecutive year, students of the University of Maryland’s Robert H. Smith School of Business are preparing income tax returns for UMD students and staff, as well as individuals from the surrounding community. Smith’s Master Service Club has been providing the service from 6-9 p.m. Mondays through Thursdays, in 3505 Van Munching Hall. 

SMITH BRAIN TRUST – College-tuition-paying tax filers should be extra careful when claiming that tax credit – at least for one more year. In the following piece, lecturer Samuel Handwerger at the University of Maryland's Robert H.