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Maryland Supreme Court Revives State’s Digital Ad Tax

CPA Practice

By Dan Belson, Baltimore Sun (TNS) Maryland’s highest court issued an order May 9 reversing a ruling by an Anne Arundel Circuit Court judge that struck down the state’s first-in-the-nation tax on digital advertising. The Maryland Chamber of Commerce issued a statement Wednesday noting the court’s ruling was procedural.

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Maryland Digital Ad Tax Case Leaves States in Limbo, But Digital Taxes Aren’t Going Away

CPA Practice

This has been playing out in Maryland over the last few years as the state has become a national litmus test for the legality of taxing companies based on their digital advertising revenue. Controversial From the Start In 2021, Maryland enacted the Digital Advertising Gross Revenues Tax (DAGRT) [1]. The tax levies a rate of 2.5%

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Digital advertising tax blocked

TaxConnex

A new tax law in Maryland seemed ready to rattle every company that sold digital products in the U.S. But a court has now invalidated the Maryland Digital Advertising Tax. Opponents, including Maryland Republicans, called the ruling a victory for small business. Maryland does not tax nondigital advertising. Gives pause.

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Opinion: On-the-Job Experiential Learning Credit to Meet the 150-hour Requirement Makes Sense

Going Concern

Joe currently serves on the Maryland State Board of Accountancy and the board of directors of the NASBA Center for the Public Trust. Becoming a CPA requires five years of college education including a baccalaureate degree, an additional year of work experience and passing the very difficult Uniform CPA Examination. Petito, Esq.

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Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. Accounting services are often, but not always, exempt.

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Accounting Firms Continue to Prioritize Work-Life Balance

CPA Practice

Finding flexibility and efficiency Cryder said accounting is experiencing the same talent crunch many other professional services are seeing, but perhaps “more acutely” because of the specific educational requirements for public accounting. Grace Kowal, Molly Kowal’s twin sister, is also an accountant.

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State CPA Society News and Updates – August 2023

CPA Practice

The awards celebrate those who are emerging leaders, innovators, educators, volunteers and others who have made a substantial impact in accounting. Aspell was elected chair by the MACPA membership during the association’s 2023 Annual Meeting, held on June 22 at the Junior Achievement of Central Maryland offices in Baltimore.

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