Intuit to pay $141M in settlement with all states over ‘free’ TurboTax ads

May 4, 2022 Leave a comment

The company behind the TurboTax tax-filing program will pay $141 million to customers who were deceived by misleading promises of free tax-filing services.

Tagged with: Attorney General Brian Frosh Taxes

On Tax Day, an extension may be better than rushing a return

April 18, 2022 Comments Off on On Tax Day, an extension may be better than rushing a return

Monday is Tax Day, and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.

Tagged with: IRS Taxes

Supreme Court rejects appeal from Md., other states over cap on tax deductibility

April 18, 2022 Comments Off on Supreme Court rejects appeal from Md., other states over cap on tax deductibility

The Supreme Court rejected a challenge from Maryland, New York, New Jersey and Connecticut to the 2017 tax law that capped federal tax deductions for state and local taxes.

Tagged with: Supreme Court Taxes

Hogan, lawmakers announce agreement on $1.86B in tax relief

March 28, 2022 1 Comment

Gov. Larry Hogan and leaders in the legislature have reached a $1.86 billion agreement for tax relief over five years for retirees, small businesses and low-income families.

Tagged with: 2022 Maryland General Assembly Taxes

Hogan signs gas tax suspension into law; talk of other actions continues

March 18, 2022 Comments Off on Hogan signs gas tax suspension into law; talk of other actions continues

Temporarily cheaper gas prices in Maryland are here, and the state’s top tax collector is vowing to bring down the hammer on recalcitrant gas station owners.

Tagged with: 2022 Maryland General Assembly gas prices Taxes

Hogan, top lawmakers agree to 30-day gas tax suspension

March 11, 2022 Comments Off on Hogan, top lawmakers agree to 30-day gas tax suspension

Gov. Larry Hogan and top legislative leaders agreed to a 30-day suspension of the state's gas tax amid rising prices at the pump.

Tagged with: 2022 Maryland General Assembly gas Taxes

GOP effort to insert gas tax cut into baby products bill fails

March 1, 2022 Comments Off on GOP effort to insert gas tax cut into baby products bill fails

A vote in the House of Delegates on a bill to eliminate taxes on some purchases for babies turned into a skirmish over the state's gas tax.

Tagged with: 2022 Maryland General Assembly gas tax Taxes

Maryland lawmakers discuss tax relief package

February 18, 2022 Comments Off on Maryland lawmakers discuss tax relief package

Maryland House Speaker Adrienne Jones announces a tax-relief package of legislation that would steer about $300 million over five years to help working families during a news conference in Annapolis on Feb. 18, 2022. (AP Photo/Brian Witte)

Lawmakers in the Maryland House of Delegates outlined a tax-relief package on Friday that would steer about $300 million over five years to working and middle class families.

Tagged with: 2022 Maryland General Assembly Taxes

Revenue windfall pushes Maryland, other states to consider range of tax cuts

February 2, 2022 Comments Off on Revenue windfall pushes Maryland, other states to consider range of tax cuts

Soaring tax revenue and billions in pandemic aid from the federal government have left many states, including Maryland, with an unusual problem — too much money.

Tagged with: Taxes

Taxpayers face overloaded IRS as filing season opens

January 24, 2022 Comments Off on Taxpayers face overloaded IRS as filing season opens

Ethan Miller works on his taxes at home in Silver Spring on Jan., 21, 2022. Tax filing season started Monday, and people can expect the task to be more cumbersome than usual this year thanks to an overloaded and understaffed IRS workforce and new complications from pandemic-related programs.(AP Photo/Jacquelyn Martin)

An IRS worker shortage, an enormous workload from administering pandemic-related programs and stalled legislation will combine to cause taxpayers pain this filing season.