This issue of the Tax Update Newsletter provides a summary of key changes to the tax code for 2008 and offers ideas to help you reduce your taxes.
In addition to the preprogrammed changes discussed and charted to the right, three federal tax laws passed in 2006 could result in substantially more tax savings when your 2007 tax return is filed. Here is a summary of some important changes for 2007 that apply to many clients.
Local Maryland Tax News HeadlinesGroup calls for increasing Md. taxes to support education spending Maryland Daily Record
A left-leaning budget policy think tank is calling for sweeping changes to the state's tax code to pay for billions in increased public education spending.Tax assessments rise in every Maryland county in 2019, an average of 9.1 percent Baltimore Sun
Assessments on residential and commercial property will rise around the state an average of 9.1 percent, continuing an upswing in values used to calculate how ...Marylands Property Tax Rate Not As High As You Think Annapolis, MD Patch
Maryland's Property Tax Rate In Middle Of Pack - Annapolis, MD - Contrary to complaints, Marylanders don't pay the highest property taxes in the country.Tax Refunds Not Delayed In Maryland This Year: Comptroller Patch.com
Tax Refunds Not Delayed In MD: Comptroller - Across Maryland, MD - Maryland's 'Tax Man' gave an update on state returns and processing amid the ...Here's how much the shutdown has cost Virginia, Maryland in income tax (so far) Washington Business Journal
Both jurisdictions are home to lots of federal workers and are feeling the impact.