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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.

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Sales tax and accounting services

TaxConnex

It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how? Several states levy their sales tax or its equivalent on services, among them Hawaii (which has a general excise tax, or GET), and New Mexico.

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Feds Cracking Down on Unlawful Tax Return Preparers

CPA Practice

“Taxpayers must look out for unscrupulous preparers, who often will promise refunds that are too good to be true,” said Deputy Assistant Attorney General David A. Hubbert of the Justice Department’s Tax Division. “If Over the last year, the Tax Division has worked with U.S.

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Prosperity Partners acquires Wiener and Garg

Accounting Today

The Chicago-based accounting business backed by private equity, has completed the acquisition of a tax preparation, planning, advisory and accounting firm based in Rockville, Maryland.

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Indiana Owner of D.C.-area Tax Preparation Business Pleads Guilty to Tax Refund Fraud Scheme

CPA Practice

According to court documents and statements made in court, Awett Tedla of Indianapolis was the owner and operator of Speedy Tax Services, L.L.C., a tax preparation business in Washington, D.C., and District Heights, Maryland.

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Prosperity Partners Adds Wiener and Garg in Maryland

CPA Practice

Coming on the heels of its acquisition of Cendrowski Corporate Advisors a couple of weeks ago, private equity backed tax and accounting firm Prosperity Partners said on Oct. 1 that it has acquired Wiener and Garg, a Rockville MD-based tax preparation, planning, advisory, and accounting firm.

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10 Best States to Pursue a Career in Accounting

CPA Practice

Maryland Total Number of Accounting Jobs Available: 2,997 Total Number of Finance Jobs Available: 2,206 Accounting and Finance Average Salary: $109,000 Average World University Rankings Accounting and Finance Score: 54.50 Finance Career Score /10: 8.20 All contents copyright 2023 The Kiplinger Washington Editors Inc.

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