Since 1997

Woods & Associates, P.C. is a CPA and financial planning firm in Towson, MD providing individuals and small businesses with sensible and relevant financial and tax advice.

From the blog

Taxes Paid Deduction

October 17, 2018

Probably the provision from last December’s Tax Cut and Jobs Act (TCJA) I hear the most questions about is the deductibility of taxes paid.  This issue has even been in the news quite a bit recently.  Several states (MD included) have sued over the perceive as an unfair reduction in this tax deduction for their … ...

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