Maryland House Majority Leader David Moon wants to close the state’s projected $1.5 billion budget deficit by making spending ...
New projections show the state is on track to see structural deficits — in which it commits to spending more money than it brings in — in 2025, ’26 and ’27.
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Maryland lawmakers face a $1.4B budget gap in 2026, but a top House Democrat says new tax hikes are off the table as they ...
Statesman and founder Benjamin Franklin once called taxes one thing in life that is certain. For a week this month though, shoppers in Maryland will be free from that pecuniary addition to certain ...
The Southern Maryland Chronicle on MSN
Choosing Between Cash and Accrual Accounting in Maryland
Maryland business owners face many early decisions, but few affect day-to-day operations as much as selecting an accounting method. Cash accounting and accrual accounting each shape how revenue, ...
Maryland’s new 3% tax on IT and data services is set to take effect Tuesday, which is the first day of fiscal year 2026. State Democrats settled on the new tax during the 2025 legislative session as a ...
Maryland state government awarded $6 million in taxpayer funds to a nonprofit whose president owes more than $200,000 in taxes, according to court documents obtained by Spotlight on Maryland.
NATIONAL HARBOR, Md. — Shoppers can now take advantage of Maryland's yearly sales tax holiday, which runs through Saturday, August 17. Shop Maryland Tax-Free week, which began Sunday, suspends the 6 ...
Some Democratic lawmakers in Maryland are proposing a set of income tax hikes this year, but even bill sponsors have admitted that getting their colleagues on board will likely be a long-haul effort.
ANNAPOLIS, Md. (AP) — Maryland’s first-in-the-nation tax on digital advertising violated the Constitution, a federal appeals court says, because blocking Big Tech from telling customers about the tax ...
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