Maryland Hopes Tax Preparers & Massage Parlors Soothe Deficit
by AccountingWeb on
Faced with a $1.5-billion budget deficit, Maryland legislators are focusing on widening the list of taxable services to extend the tax base. And they’ve lumped tax preparers in among escort services and massage parlors as targets of new sales taxes.
Under bill MD HB 448, Maryland would charge the state’s sales and use tax for such commercial services as tanning salons, massage parlors, escorts and tax preparation.
The bill is scheduled for a hearing on March 14.