Since Maryland passed Senate Bill 523 on May 8, 2020, providing a state and local tax (SALT) workaround, professionals in the accounting industry have been waiting for additional guidance on how this new bill would work. When Maryland issued Administrative Release No....
This is a very brief outline of several complex bills. We recommend speaking with your accountant or attorney to determine the best course of action for your specific circumstances. CARES ACT Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was...
