Category Archives: Maryland

2025 Tax Foundation’s State Tax Competitiveness: Some New Winners, But the Usual Losers

Posted on October 31, 2024 by Russ

The Tax Foundation released its 2025 State Tax Competitiveness Index (formerly the Business Tax Climate Index).  While taxes aren’t everything in where you situate a business, they’re absolutely an important factor. If I have to pay an extra 10% in … Continue reading →

Posted in Alaska, California, Connecticut, District of Columbia, Florida, Maryland, Montana, Nevada, New Jersey, New York, South Dakota, Wyoming | Comments Off on 2025 Tax Foundation’s State Tax Competitiveness: Some New Winners, But the Usual Losers

We’re Not Gonna Take It…

Posted on July 21, 2018 by Russ

You may have heard that earlier this week four states sued to stop parts of the new tax law from going into effect. The states–New York, New Jersey, Connecticut, and Maryland–don’t like the new $10,000 cap on deducting state and … Continue reading →

Posted in Connecticut, Legislation, Maryland, New Jersey, New York | Tagged | Comments Off on We’re Not Gonna Take It…

Maryland Suspends Processing Tax Returns from 23 Liberty Tax Service Locations

Posted on February 4, 2016 by Russ

Maryland Comptroller Peter Franchot announced on Tuesday that he has suspended processing from 16 more Liberty Tax Service locations (bringing the total suspended to 23). The decision was made based on suspicious characteristics found on the returns: Business income reported … Continue reading →

Posted in Maryland, Tax Fraud | Tagged | Comments Off on Maryland Suspends Processing Tax Returns from 23 Liberty Tax Service Locations

How to Wynne Your Money Back in Maryland

Posted on September 29, 2015 by Russ

Earlier this year the US Supreme Court ruled that Maryland had to issue full tax credits–including the county add-on tax–to individuals facing double taxation (typically, Maryland residents who earned income taxed in other states). Kay Bell in Don’t Mess With … Continue reading →

Posted in Indiana, Iowa, Maryland, Michigan, North Carolina, Pennsylvania, Wisconsin | Tagged | 1 Comment

The Real Impact of the Wynne Decision

Posted on May 19, 2015 by Russ

Yesterday’s decision in Comptroller of the Treasury of Maryland v Wynne Et Ux generated some reporting in print media. Yet much of what I saw was incorrect in part or in whole. New York does give full tax credits for … Continue reading →

Posted in Kentucky, Maryland, New York, North Carolina, Supreme Court, Wisconsin | Tagged | 2 Comments

A Wynne for the Dormant Commerce Clause

Posted on May 18, 2015 by Russ

The US Supreme Court today decided Comptroller of Maryland v. Wynne. The Wynnes, Maryland residents, had out of state income duly reported on both their Maryland tax return and on other state tax returns. They wanted a full credit for … Continue reading →

Posted in Maryland, Supreme Court | 2 Comments

Did a Maryland Tax Increase Cause Taxpayers to Flee the State?

Posted on July 9, 2012 by Russ

An organization called ChangeMaryland has a new study that states that 31,000 individuals left the state from 2007 to 2010. ChangeMaryland believes that it’s the tax hikes in the state that have caused the exodus. Maryland is a decidedly liberal … Continue reading →

Posted in California, Maryland | 2 Comments

Sales Tax on Services Under Consideration in Maryland

Posted on February 28, 2012 by Russ

For those who haven’t followed Clayton Financial and Tax, we now have an office in Maryland. Our charges for preparing your return aren’t dependent on whether you’re in our Las Vegas or Bethesda office. However, that may soon change. Shiela … Continue reading →

Posted in Maryland, Sales Tax | Comments Off on Sales Tax on Services Under Consideration in Maryland

Two Baltimore Bail Bondsmen Found Taxes to be the Least of Their Problems

Posted on July 11, 2011 by Russ

Many businesses require licenses. In Maryland, you need a license to be a bail bondsmen (I suspect you do in most states). One of the rules in Maryland is that you can’t be a convicted felon if you’re a bail … Continue reading →

Posted in Maryland | Comments Off on Two Baltimore Bail Bondsmen Found Taxes to be the Least of Their Problems

A Bong Tax

Posted on February 3, 2008 by Russ

If a Maryland State Senator has his way, buyers of bongs in Maryland will soon have to pay a special tax. C. Anthony Muse (D-Prince Geoerge’s County) introduced two bills on Wednesday that would add a $20 tax for all … Continue reading →

Posted in Legislation, Maryland | Comments Off on A Bong Tax