article thumbnail

Here’s Why Maryland Paid the IRS $5.4 Million in Taxes

CPA Practice

2—Maryland has paid $5.4 Smith School of Business, told The Baltimore Sun he wasn’t surprised to see the IRS conduct a payroll audit, even if he wasn’t sure how often the agency examines state governments. But I don’t think it’s malicious or cause for concern for the average Maryland taxpayer.” It’s very labor intensive.”

Maryland 111
article thumbnail

Maryland Joins IRS Direct File Program For 2025

CPA Practice

By Sam Janesch Baltimore Sun (TNS) Marylanders who have relatively straightforward tax returns will have the chance to ditch independent—and sometimes costly—tax preparers and instead file their federal taxes directly with the IRS for free in 2025, state and federal officials said Wednesday. Treasury Deputy Secretary Wally Adeyemo.

Maryland 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

If You’re Looking For Career Options, Give Government Auditing a Look

Going Concern

note: This post brought to you by the Big Government Auditing lobby. Just kidding, it’s a guest post from Parker Skaats, CPA, an experienced government worker who’s here to pitch the joys of government work to the unwashed overworked masses. Enter the world of government auditing. But government gigs?

article thumbnail

Sales and Use Tax Updates from February

TaxConnex

In another possibly trendsetting development, Maryland has greenlighted the country’s first tax on digital advertisements sold by companies such as Facebook, Google and Amazon. Maryland has also extended time free of interest and penalties to file sales and use tax returns due between Jan. 20 and April 14 to April 15, 2021.

Sales 246
article thumbnail

Sikich Acquires Saggar & Rosenberg in Maryland

CPA Practice

Antony Nettleton “Over the last 25 years, Sandy Saggar has built an impressive company that dovetails nicely with our own offerings and specialized services to non-profits and the government sector, where we have a strong presence,” Antony Nettleton, co-managing principal, CPA, at Naperville, IL-based Sikich, said in a statement. “We

article thumbnail

Video Conferencing: Has the Pandemic Created a New Taxation?

TaxConnex

With the recent boom of video conferencing brought on by the necessity of a way to meet during the pandemic, businesses and governments alike are trying to figure out how to best apply sales tax to these services, or if they are even taxable. That’s a lot like understanding the taxes on videoconferencing services right now.

Maryland 246
article thumbnail

How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

Connecting entry-level accountants to necessary environmental, social, and governance (ESG) functions would benefit both new entrants to the field and the businesses that employ them. in finance and accounting from the University of Maryland Robert H. He earned an MBA from NYU Stern School of Business, a B.S.