TaxConnex

MARCH 23, 2021

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.

West Virginia 246

West Virginia Maryland Tax Montana 246

Patriot Software

MAY 2, 2022

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.

Maryland 98

Maryland payroll 98

CPA Practice

MAY 3, 2023

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.

Maryland 98

Maryland payroll Technology accounting firms 98

TaxConnex

MAY 6, 2021

In the trendiest sales tax news (aside, of course, from Florida finally passing economic nexus legislation), Connecticut lawmakers have proposed a digital advertising services tax similar, experts say, to one recently enacted in Maryland. Observers say the Maryland refinements are expected to become law without the governor’s signature.

Sales 246

Sales North Carolina Tax Maryland 246

CPA Practice

FEBRUARY 7, 2025

The fee would apply once per transaction even if the items are delivered in multiple shipments, so long as the purchase contains one item of tangible personal property subject to Maryland sales tax.

Maryland 71

Maryland Retail Tax Sales 71

TaxConnex

MARCH 10, 2022

Maryland has greenlighted the nation’s first tax on digital advertisements ; the gross receipts tax on digital ads ranges from 2.5% to 10% on advertising businesses with global revenues exceeding $100 million, so long as they have at least $1 million in advertising revenue within Maryland for the calendar year.

South Dakota 262

South Dakota Sales Tax Maryland 262

TaxConnex

DECEMBER 30, 2021

Even then, however, such states as Massachusetts, Michigan, South Carolina and Maryland were among those continuing to extend filing and sales tax payment relief that had started during the pandemic. About this time, Maryland started popping up in the news for spearheading a new effort in sales tax. Illinois, on Jan. New players.

Sales 246

Sales Tax Maryland West Virginia 246

CPA Practice

NOVEMBER 14, 2024

A day after announcing it had acquired Signature Analytics , a San Diego-based outsourced accounting and advisory firm, top 20 accounting firm Citrin Cooperman has gobbled up another firm, this time Owings Mills, MD-based Clearview Group. Financial terms of the deal, which is expected to close this month, weren’t disclosed.

Maryland 52

Maryland cpa firm New York Management Consulting 52

TaxConnex

JANUARY 11, 2022

Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming. In Maryland, the shipping charge becomes taxable when it’s combined with handling. Taxability can also depend on how the bill/invoice is presented.

Sales 246

Sales Rhode Island South Dakota North Dakota 246

Withum

NOVEMBER 5, 2024

A recent alert from Maryland-based cybersecurity firm Huntress highlights a concerning vulnerability for construction companies using on-premise accounting and project management software with default login credentials.

accounting software 130

accounting software Construction accountant Account 130

Accounting Today

SEPTEMBER 4, 2024

The state of Maryland has become the latest to sign up for the IRS Direct File program for filing season 2025, offering residents a free way to file their taxes.

Maryland 69

Maryland Tax 69

CPA Practice

AUGUST 27, 2024

Top 30 accounting firm Sikich on Tuesday said it’s acquiring Saggar & Rosenberg, a full-service CPA firm based in Rockville, MD. Financial terms of the deal weren’t disclosed.

Maryland 97

Maryland Real Estate Non-Profits cpa firm 97

TaxConnex

APRIL 9, 2024

The products incur sales tax in most states (Massachusetts casts an especially wide net) but are more or less exempt in Connecticut, Florida, Maryland, Michigan, New Jersey, New York, Texas, West Virginia and Wyoming.

Sales 264

Sales West Virginia Tax Virginia 264

TaxConnex

MARCH 2, 2021

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

Sales Tax Missouri Wisconsin 246

TaxConnex

NOVEMBER 2, 2021

The products are tax-exempt (more or less) in the District of Columbia, Florida, Maryland, Michigan, New Jersey, New York, Texas, Vermont, West Virginia and Wyoming. Here’s a rundown of what some other states do (this changes frequently – check with an individual state if you have questions and want the latest regulations).

Sales 246

Sales West Virginia Tax Vermont 246

TaxConnex

DECEMBER 10, 2020

Maryland lawmakers might soon revive a proposal to expand the state’s sales tax to sales of digital products, both downloads and streaming. The state – one of only two with a sales tax that don’t require remote sellers to collect and remit those taxes – is looking at a $2.7 billion budget shortfall.

Sales 240

Sales Tax Ohio Nebraska 240

TaxConnex

JULY 15, 2021

Maryland is offering a vendor credit of up to $3,000 on sales tax returns for the months of March, April and May 2021. The Maryland Comptroller has issued a revised version of Business Tax Tip #29 , which clarifies the Comptroller’s interpretation of its sales and use tax on “digital products,” including software.

Sales 219

Sales Tax Louisiana North Carolina 219

TaxConnex

AUGUST 5, 2021

announced last year that it would start collecting local utility and communications taxes in California, New York, Maryland, and Virginia. Zoom Video Communications Inc. The specific taxes and their rates vary depending on the state and locality in which the user is located.

Maryland 246

Maryland Virginia New York California 246

TaxConnex

NOVEMBER 3, 2022

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.

Maryland 130

Maryland West Virginia South Dakota Tax 130

CPA Practice

OCTOBER 17, 2024

in finance and accounting from the University of Maryland Robert H. Prior to Extend, Mike held various finance and accounting roles at IAS, BSE Global, MLB Advanced Media, and Deloitte. He earned an MBA from NYU Stern School of Business, a B.S. Smith School of Business, and holds his CPA license.

Technology 124

Technology accountant Account accounted 124

CPA Practice

MAY 24, 2024

Twenty emerging accounting and finance leaders learned the skills they’ll need to take their teams, their careers, and their profession to the next level during the Maryland Association of CPAs’ 2024 Leadership Academy. Spending time with these 20 emerging leaders gave me great pride in Maryland CPAs and great hope for our future.”

Maryland 59

Maryland cpas accounting and finance Finance 59

CPA Practice

MAY 2, 2024

The Maryland-based accounting firm Simon, Krowitz, Meadows & Bortnick, P.A. In combining with SKMB, Marcum reinforces its commitment to client-focused services and gains the regional insights of a firm with a 75-year legacy in Maryland. SKMB”) has joined Marcum LLP, effective May 1, 2024. The terms of the deal remain confidential.

Maryland 52

Maryland accounting firms accountant Account 52

Accounting Today

JUNE 14, 2022

(..)

Maryland 98

Maryland cpas 98

TaxConnex

MARCH 1, 2022

In recent years, Connecticut, Maryland, and California toyed with levying state sales tax on accounting services but found it a tough fight in the face of intense lobbying from accountants’ groups. 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.

South Dakota 246

South Dakota Sales West Virginia Tax 246

CPA Practice

MAY 11, 2023

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.

Maryland 52

Maryland Tax Education Legal 52

CPA Practice

DECEMBER 9, 2024

Department of Labor and the Maryland Department of Labor. Jason Perkins-Cohen, Deputy Secretary of the Maryland Department of Labor, delivered an inspiring keynote address about the opportunities that apprenticeships provide, while Jeffrey Smith of the U.S.

Maryland 52

Maryland accounting and finance Finance CPA 52

TaxConnex

MAY 10, 2022

Maryland held that a for-profit company’s purchases for non-profit hospitals were subject to the state’s sales and use tax because there was no agency relationship between the company and the hospitals and, even if an agency relationship existed, that alone would not entitle the for-profit company to an exemption.

Sales 242

Sales Mississippi Tax Non-Profits 242

TaxConnex

JANUARY 3, 2023

Digital products can also create complex sale tax situations, though recently Maryland suffered a setback in court regarding its proposed taxing of digital ad sales. Note that services may also increasingly create economic nexus in a growing number of states (Colorado might be next). Economic nexus is in addition to physical presence rules.

South Dakota 246

South Dakota Sales Alaska Tax 246

TaxConnex

JANUARY 19, 2023

Rules allow states to demand payment under certain circumstances against any responsible person (which means possibly other leaders in your company – see the Maryland statutes, for instance). You’re not the only one potentially on the hook.

Wisconsin 246

Wisconsin Georgia Texas New York 246

TaxConnex

AUGUST 30, 2022

Maryland (a state famous for spearheading efforts to levy sales tax on digital advertising ) also recently broadened its sales and use tax definition to include apps. Apps are specifically mentioned in the sales tax regs of D.C., Pennsylvania and the state of Washington (check thoroughly in the case of the latter), among many others.

Sales 246

Sales Tax Wisconsin Massachusetts 246

TaxConnex

MARCH 3, 2022

States also continue to debate taxing digital advertising services, especially in the wake of Maryland enacting the nation’s first digital advertising tax. Many states have recently mentioned taxing services; it cropped up notably in West Virginia’s 2021 State of the State address.

Indiana 246

Indiana Connecticut Nebraska Maryland 246

TaxConnex

JANUARY 16, 2024

This includes whether you’re selling to a business or a consumer (as in Iowa, Maryland and Ohio), unique state sales tax rates (Connecticut), home-rule jurisdictions (Colorado and Illinois), partial exemptions (Texas), to name a few. SaaS incurs sales tax in roughly half the states. Many nuances affect sales tax and SaaS in various states.

Iowa 264

Iowa Connecticut Maryland Colorado 264

PYMNTS

NOVEMBER 16, 2020

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.

Maryland 60

Maryland Technology Tax Tennessee 60

TaxConnex

JULY 8, 2021

Other states like Maryland, Missouri, Texas, and Virginia have holidays for energy-efficient devices. Many states grant a holiday for going back to school and exempt sales tax on such items as clothes, footwear, computers, calculators, school supplies, books, and backpacks.

Sales 246

Sales South Carolina E-commerce Tax 246

TaxConnex

JULY 25, 2023

Other states also impose a gross receipts tax specifically on telecommunications services: Pennsylvania has a 5-percent gross receipts tax, for instance; Maryland is 2-percent and New York is 2.5-percent. These are annual corporate-type taxes, many times requiring an estimated payment like a corporate income tax.

Tax 246

Tax Florida Missouri Maryland 246

Accounting Today

OCTOBER 25, 2022

(..)

Maryland 75

Maryland Tax 75

TaxConnex

FEBRUARY 2, 2021

Pennsylvania , Maryland and New York impose a gross receipts tax specifically on communications services: These are annual corporate-type taxes, often requiring an estimated payment like a corporate income tax.

Tax 189

Tax Missouri Maryland Pennsylvania 189