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...
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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...
May 10, 2024 | Corporate Transparency Act - Required Reporting for Business Owners
This is a reminder about the Corporate Transparency Act (CTA), previously discussed in our winter newsletter. The CTA requires the...
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...
December 15, 2023 | IRS Issues 2024 Mileage Rates
Beginning January 1, 2024, the standard mileage rates for the use of a car, van, pickup or panel truck is as follows: 67 cents per mile...
November 9, 2023 | $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 3, 2023 | IRS Announces 401(K) Limit Increase to $23,000 for 2024
The Internal Revenue Service announced on November 1, 2023 that the amount individuals can contribute to their 401(k) plans in 2024 has...
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