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Navigating Maryland’s New Tax Law Changes: Your Questions, Answered

As a taxpayer, it’s essential that you understand the new tax law changes in Maryland’s Budget Reconciliation and Financing Act (BRFA) of 2025, effective July 1, 2025, and how you’re impacted.
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Guidance on Maryland’s Multiple Points of Use Certificate for New “Tech Tax”

Long-awaited guidance on Maryland’s Multiple Points of Use (MPU) certificate is here. This is paramount for businesses that purchase or use digital, data, IT and cloud services both in Maryland and other states. The MPU certificate will help businesses...
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Important Update for Maryland Landlords: New Lease Requirement Takes Effect July 1, 2025

If you are a landlord or developer who leases residential property in Maryland, there’s an important new requirement you need to be aware of.
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New Tax Laws Have Significant Implications for Maryland Taxpayers

The Maryland General Assembly recently passed the Budget Reconciliation and Financing Act of 2025. This new bill has significant tax implications for Maryland business owners and individuals. Let’s review the legislation’s provisions that will have the...
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Federal Government Says Goodbye to Paper-Based Payments

The federal government is officially waving goodbye to paper checks. On March 25, President Trump issued an executive order aimed at modernizing how the U.S. government sends and receives payments. Here’s a breakdown of what you need to know.
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FinCEN Scraps Beneficial Ownership Information Filing Requirement for Domestic Companies

The Financial Crimes Enforcement Network announced that entities created in the U.S. and their beneficial owners are now exempt from the requirement to report Beneficial Ownership Information (BOI) to FinCEN, alleviating a regulatory burden many business...
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