NEWS

December 11, 2024 | NEWSFLASH: Update on the Corporate Transparency Act (ACT) and the Beneficial Ownership Information (BOI) requirement

November 22, 2024 | $300 Maryland Annual Report Fee Waiver - Deadline is December 1 - MarylandSaves

In September of 2022, MarylandSaves was launched by The Maryland Small Business Retirement Savings Program, which was authorized by House...

November 19, 2024 | Corporate Transparency Act - Required Reporting for Business Owners

This is an additional reminder about the Corporate Transparency Act (CTA). The CTA requires the disclosure of beneficial ownership...

Oct 13, 2024 | IRS Releases Tax Inflation Adjustments for 2025

The IRS recently announced their annual inflation adjustments (including tax brackets) for the 2025 tax year, that will impact individual...

May 24, 2024 | Bormel, Grice & Huyett Presents Business Scholarship Award

Congratulations to the 2024 recipients of the Bormel, Grice & Huyett Business Scholarship Award! Sophia Piedrahita Moreno and Myon Davis...

May 10, 2024 | Scam Alerts for Business Owners

Business owners should be on the lookout for Scam letters requesting a fee in exchange for services. Among the many scam letters...

February 12, 2024 | Maryland Tax Connect - Welcome Letter & PIN

As a reminder from our earlier blog, the Maryland Comptroller launched Maryland Tax Connect on February 6, 2024. Maryland Tax Connect is...

February 2, 2024 | Get Ready for the Launch of the Maryland Tax Connect Client Portal

Beginning on February 6, 2024, the Maryland Comptroller will launch Maryland Tax Connect. Maryland Tax Connect is intended to be...

January 11, 2024 | 2024 Maryland Local Tax Rates

The State of Maryland has released the 2024 local tax rates for individual taxpayers. The Maryland local income tax rates remain...

December 27, 2023 | Electronic Filing Mandates Expanded by IRS beginning in 2024

The IRS has issued final regulations which state that any organization that files 10 or more IRS returns, or any type of statement...

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