MD Unemployment Tax Rates Have Increased For 2021

Due to the COVID-19 pandemic, the Division of Unemployment Insurance has increased the range of unemployment tax rates for contributory employers for 2021.

The 2021 rate range is 2.20% to 13.50%, up from the former range of 0.3% to 7.5%.

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SCANNING DOCUMENTS USING HAND HELD DEVICES

Did you know??

Hello BGH Friends and Family.  Did you know you can scan a document on your phone or tablet just by taking a picture?  Click on the links below and follow the directions.  The scanned image will now be a pdf (instead of a photo/jpeg) that you can email as an attachment just like you would on your computer. 

Click here for iPhones and iPads

Click here for Google Drive (Android)

 

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Fraudulent Maryland Unemployment Claims continue into 2021

Maryland has been dealing with increased fraudulent unemployment claims since July 2020 but in the first six weeks of 2021 the fake claims have skyrocketed. Over 87% of claims investigated in Maryland were confirmed as fraudulent.  Fraudsters are using identities and personal information stolen from prior data breaches such as Equifax, Target and the Federal Office of Personnel Management to file fraudulent unemployment insurance claims.  Maryland continues to add new technology and safeguards to prevent and detect fraud, while working with banking institutions and federal partners to fight fraud.

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Relief Act of 2021

Governor Larry Hogan has introduced the RELIEF Act of 2021, an emergency stimulus and tax relief package that will provide more than $1 billion for Maryland working families, small businesses, and those who have lost their jobs as a result of the COVID-19 pandemic.

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Meals Will Now Be 100% Deductible In 2021 And 2022

On December 27, 2020, the President signed into law The Consolidated Appropriations Act, 2021, which is made up of the omnibus spending bill for the 2021 federal fiscal year and also $900 billion of stimulus relief for the COVID-19 pandemic in the United States.  According to Section 210 of the stimulus relief package, there will be a “temporary allowance of full deduction for business meals.”

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The Cultural Alliance of Greater Washington has worked with Bormel, Grice & Huyett, P.A., since 1988. Their knowledge of the arts and the arts community make their services invaluable. They can translate accounting terminology into a comprehensive language. For many organizations, the accounting firm of Bormel, Grice & Huyett provides the financial "information bridge." We whole-heartedly recommend Bormel, Grice & Huyett, excellent accountants who care about our arts organizations.
Jennifer Cover Payne, Executive Director, Cultural Alliance of Greater Washington

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