About this Course
This course reviews changes to Maryland tax law in 2016 and 2017 with the goal of updating the knowledge of accountants and tax preparers in the state.
Issues of interest in Virginia and Washington D.C. are also discussed as well as Federal and Maryland-specific ABLE Act topics.
- Identify the recent changes in legislation enacted in Maryland in 2016 & 2017
- Recall the process to file a resident income tax return
- Recognize the different subtractions from income that can be taken
- Recall the process to Register as a Tax Preparer in Maryland
- Differentiate between Services that are subject to sales tax in MD, DC and VA
- Recognize the penalties for not filing use tax or sales tax
- Recall both Federal and Maryland-specific guidelines for the ABLE Act
- Recognize benefits of the ABLE Act
- Recognize benefits of the ABLE Act
- Recall new legislation for the ABLE Act
