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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 121
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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.

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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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RS&F Acquires Mister, Burton & Associates in Maryland

CPA Practice

A deal between two Maryland CPA firms commenced a couple weeks ago, as top 300 accounting firm Rosen, Sapperstein and Friedlander (RS&F), based in Towson, acquired Hunt Valley-based Mister, Burton & Associates (MBA). Financial terms of the transaction weren’t disclosed.

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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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The Best States for Minority Entrepreneurs

CPA Practice

Wyoming, South Dakota, North Dakota, New Hampshire, Montana, Maine, Utah, Kansas, Minnesota, Maryland, Idaho, Oregon, Colorado, Missouri, Nebraska, Florida, Ohio, Wisconsin, and Massachusetts also made the list. California, Georgia and Maryland), only Maryland made the top 20 list.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. Larry Hogan vetoed the levy.