Earlier this month, our blog spent some time discussing how those individuals who find themselves in the unenviable position of not having made payment arrangements with the Comptroller of Maryland's office or being unable to comply with these arrangements should know...
Month: May 2017
Understanding the Foreign Account Tax Compliance Act (FATCA)
As someone who has foreign accounts in counties other than the United States, it's important that you understand the Foreign Account Tax Compliance Act (FATCA). This is an important act that was created to help eliminate tax evasion by those holding accounts outside...
Why the Comptroller’s Office calls a new tax law a ‘game-changer’
In our post last week, we discussed how the principal duty of the Comptroller of Maryland's office is the collection of taxes and how it has a host of tools at its disposal to assist with the fulfillment of this duty. Indeed, the agency collects an astounding $16...
A closer look at the enforcement options Maryland uses to collect tax debt
Given that we are nearly a month removed from Tax Day 2017, most individuals are free to redirect their attention to more pressing -- and likely more exciting -- matters.However, there are some for whom this is not an option owing to unresolved personal income tax...
Bill grants major tax breaks to Maryland manufacturers that create new jobs
One tradition of Maryland politics with which people might be unfamiliar is that the governor holds multiple bill-signing ceremonies following the adjournment of General Assembly's 90-day session, including one held the following morning after the final gavel sounds....