Blog

Uncategorized

Advocating for Integrity: Our Stand Against Tax Preparer Fraud
In the ongoing fight against tax preparer fraud, the Maryland Society of Accounting and Tax Professionals (MSATP) has taken a decisive stand, championing legislation that promises to enhance protections for Maryland taxpayers and uphold the ethical standards of our profession. The heart of our advocacy efforts is centered around the support for House Bill 452, also known as the Stop Scam Tax Preparers Act. This critical piece of legislation represents a significant step forward in our commitment to integrity within the accounting and tax preparation industry. A Unified Front Against Fraud Led by Maryland's Comptroller Brooke Lierman, the initiative to...
MSATP Announces 2024 Legislative Priorities
As we enter the legislative session this January, MSATP will be at the forefront, advocating for policies that support tax, tax preparation, and small business interests. Our 2024 Legislative Priorities are thoughtfully designed to reflect and further our mission statement. Here’s how: Business Tax Environment: We stand against complex tax rules like the throwback rule and mandatory unitary combined reporting. Our stance is based on fostering a thriving business environment for our members, especially for solo practitioners and small to mid-sized firms. Sales Tax on Services: We oppose expanding sales tax on services, as it could adversely affect small and...