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From Markers to Face Masks, Classroom Supplies May Be Tax Deductible | IRS Tax Tip 2022-118 Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes. They …
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3 all-inclusive days down by the shore, 10+ hours of CPE, and access to Maryland’s top talent in the accounting and tax field. Register here! IRS Statement on balance due notices (CP-14)  The IRS is aware that some payments made for 2021 tax returns have not been correctly applied to joint taxpayer accounts, and these …
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The Comptroller is considering requiring PTEs to make the election to be taxed at the entity level on the 510D with first estimated payment of a tax year beginning after December 31, 2022. The election will be irrevocable for that tax year. The election will be made yearly.   The policy/ procedure change is intended …
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    3 all-inclusive days down by the shore, 10+ hours of CPE, and access to Maryland’s top talent in the accounting and tax field. Register here IRS Encourages Tax Professionals to Inform Clients About IP PIN Opt-In Program | IR-2022-140 The IRS and the Security Summit Partners have encouraged tax professionals to inform their clients …
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Registration and pricing details coming soon. RSVP here to get on the waitlist — limited spots are available.   SDAT Raises Business Personal Property Exemption From $2,500 TO $20,000  The Maryland State Department of Assessments and Taxation (SDAT) announced that HB268, which raises the exemption from personal property assessment for all Maryland businesses from $2,500 to $20,000, has …
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You’re invited to “Summer Wine Tasting.” Tap here to RSVP – Paperless Post Flyer   Pension Relief Coming For Union Workers And Retirees | via Wolters Kluwer IntelliConnect The Biden Administration announced it will be implementing the American Rescue Plan’s Special Financial Assistance program that will provide financial assistance to struggling multiemployer pension programs. “Under the …
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Click the image below for a special message to the MSATP Community ☺️ If you would like to speak to Gigi, call (800) 922-9672 or email ghawkins@msatp.org.   IRS Webinar: Sale of Partnership Interest – Comprehensive Case Study | Thursday, July 14, 2022 @ 2 PM EST This webinar will: Review the tax law relating to the sale of partnership interest …
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MSATP is excited to introduce our new Executive Director, Giavante’ Hawkins! Giavante’ earned a bachelor’s in Sociology at Saint Vincent College and a master’s degree in Non-Profit and Association Management at the University of Maryland University College. She has accrued considerable management and leadership experience working with various organizations, including McKinley Marketing Partners, Foundation for …
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    MSATP’s Executive Director, Bill Feehley, CPA, is retiring this month. We want to recognize Bill for his many years of hard work and dedication to MSATP — from being a volunteer on various committees to serving as president and now Executive Director, Bill has made a lasting impact on MSATP and will be …
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