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IRS offers relief on Maryland college savings rollovers

Accounting Today

The Internal Revenue Service and the Treasury Department issued a notice to provide relief to parents who got snagged by problems with Maryland's prepaid college savings program.

Maryland 130
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Cherry Bekaert Acquires DeBlanc, Murphy & Murphy in Maryland

CPA Practice

This acquisition strengthens our partnerships with our valued clients in the DMV [District of Columbia, Maryland, and Virginia],” said Christoper DeBlanc, managing principal of DeBlanc, Murphy & Murphy. “It Founded in 1978, DeBlanc, Murphy & Murphy has built a solid reputation in the greater Washington, D.C.

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Thousands of 1099-G Tax Forms Sent to Incorrect Addresses in Maryland

CPA Practice

4 by the Maryland comptrollers office warned. A printing malfunction caused about 6,000 1099-G forms to end up at the wrong addresses,a notice posted Feb.

Maryland 111
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Are Digital Ad Taxes Spreading?

TaxConnex

Maryland has a n ew tax on digital advertising and has extended the state ’ s existing sales and use tax to the sale of such digital goods as digital code, streaming, music, ring tones, e-books and audio books, movies, online newspapers and cable, satellite and pay-per-view television programming.

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Online Ads: Who Taxes Them and Who Doesn't?

TaxConnex

In an ever-increasing expansion of the tax base, last year Maryland lawmakers overrode a gubernatorial veto and greenlighted a digital advertising tax, the first of its kind in the nation. Maryland’s move is not without complications (see below), but it does seem to signal a new wave of taxation. And what are some of the larger issues?

Maryland 244
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And That’s 10, Folks! Maryland Paid Family Leave Signed Into Law

Patriot Software

Thanks to the passage of its new Time to Care Act, Maryland is now the tenth state to mandate paid family and medical leave for employees. If you’re a Maryland employer, the Maryland paid family leave program applies to you. You must make payroll changes and provide written notices to your employees.

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RSM Acquires Maryland Firm Wise Consulting

CPA Practice

RSM US LLP acquired the equity of Timonium, Maryland-based Wise Consulting Associates, Inc., The leaders and staff of Wise Consulting, a human capital management technology consulting firm, are joining RSM. on May 1, 2023.