Maryland extends some tax filing deadlines to June 1, 2020
The Comptroller of Maryland recently announced that Maryland will extend business-related tax filing and payment deadlines to June 1, 2020. The tax filing and payment extension applies to certain business tax returns with deadlines in March, April, and May for business entities filing the following types of returns:
- Sales and use tax
- Withholding tax
- Admissions and amusement tax
- Alcohol, tobacco, and motor fuel excise taxes
- Tire recycling fee
- Bay restoration fee
Interest and penalties will be waived for those who file and pay by the extended due date.
According to the Comptroller’s release, Maryland also will conform to whatever the IRS decides regarding the April 15 filing deadline for corporate and individual income tax returns.
Businesses can send extension-related questions to firstname.lastname@example.org or call the Comptroller’s Ombudsman at 410.260.4020.
What Does CohnReznick Think?
As the situation resulting from the COVID-19 outbreak continues to evolve, we expect more states to extend deadlines. Access the AICPA’s updated list of states that have provided relief for updates. We recommend checking back frequently.
Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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