Maryland Association of CPAs Outlines Crisis-Related Tax Guidance

An advisory group of the Maryland Association of CPAs (MACPA) has delivered to the state’s general assembly and comptroller’s office a series of tax-related recommendations related to the COVID-19 crisis.

The group’s whitepaper includes ideas for how Maryland might provide economic relief to help ease the ongoing financial burden for businesses and individuals, covering issues such as employer nexus and employee tax withholding, sales tax and admissions-and-amusement incentives, a compromise COVID-19 relief program, amnesty and extensions.

The group – consisting of CPAs David De Jong, Jeff Lawson, Karen Syrylo and Jim Wilhelm – also calls for the creation of a “Commission on Tax Policy, Reform and Fairness” tasked with identifying ways to make the state’s tax code more practical for the 21st century.

“Since the COVID-19 pandemic began, the Maryland Association of CPAs has been committed to providing its members, policymakers and business leaders with the information they need to make safe, socially responsible decisions,” says MACPA president and CEO Tom Hood. “Now our tax experts are joining the effort. Maryland CPAs with expertise in tax matters have curated their considerable knowledge to compile a list of issues that we believe should be considered by state tax officials.”

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