| Jan 23, 2013
| 9:48 AM
A federal judge has ruled that the IRS doesn’t have the authority to regulate tax preparers. This stunning ruling, though, is unlikely to have much impact in Maryland, which also regulates this group.
“Maryland law was passed before the IRS...
| Jan 23, 2013
| 8:15 PM
This is the busiest time of year for Robin McKinney.
McKinney is the director and co-founder of the Maryland Creating Assets, Savings and Hope (CASH) Campaign, which provides free tax preparation for low- to moderate-income households in the state....
| Mar 9, 2013
An electrician sued a Bel Air payroll company five years ago, alleging that it failed to submit payroll taxes for his employees, so he wonders why it took until last week for the Internal Revenue Service to start an investigation.
"They know what's going...
| Jan 30, 2013
Tax season officially kicks off Wednesday, later than usual because lawmakers only this month passed legislation to address expired tax cuts. The IRS needed time to update its forms and systems.
Not a problem for procrastinators, but a problem for...
| Jan 25, 2013
| 8:34 AM
The National Society of Accountants says tax preparers on average charge $246 nationwide to fill out an itemized form 1040 with a Schedule A and a state tax return.
Fees differed around the country, though. In Maryland, the average fee for that work is...
| Jan 7, 2013
| 8:30 AM
By the time Baltimore Behavioral Health Inc. sought bankruptcy protection Dec. 28, the once-high-flying drug treatment and mental health clinic had been showing signs of financial trouble for two years.
But even as the private nonprofit's debts mounted,...
| Feb 19, 2013
| 11:04 AM
In his recent State of the State speech, Gov. Martin O'Malley said, "Our story, Maryland's story, is the story of better choices and better results."
This is certainly the kind of high rhetorical flourish we have come to expect from state leaders during...
| Dec 30, 2012
| 5:00 AM
It's difficult to catalogue all the negative impacts of Obamacare in one place. Nevertheless, my readers deserve to know a few of the uglier details as the new year rings in one of the most expensive, convoluted policy experiments in American history....
| Dec 31, 2012
| 3:58 PM
Mental health rehabilitation and addiction treatment center Baltimore Behavioral Health Inc. has filed for bankruptcy protection because it owes more than $5.5 million to creditors and estimates its assets are less than $500,000, according to federal...
| Jan 1, 2013
| 3:00 AM
We read about famous people like French film star Gerard Depardieu, who moved to Belgium to avoid a 75 percent income tax on millionaires proposed by France's Socialist government (a measure rejected last week by a French council, though French leadership...
| Dec 19, 2012
| 8:20 AM
Maryland’s Comptroller Peter Franchot this morning released a statement, refuting a report in the Washington Time’s that same-sex couples won’t be able to file joint returns in Maryland. Voters here recently approved same-sex marriage in...
| Dec 19, 2012
| 9:27 AM
For years, the right and left have been bickering in Maryland over whether or not people are coming or going, arguments that solved nothing, changed nothing and improved nothing. It's been a hot topic this year, with individual income tax hikes and...