SC&H Group Blog: "Expertise Beyond the Numbers"

Changes Regarding Power of Attorney for Tax Purposes in Maryland [Blog Post]

SC&H Group’s Tax Services team offers the following blog post about recent changes in the state of Maryland when it comes to designating a power of attorney for tax purposes.

As of July 1st, the Maryland Comptroller’s Office will now accept a completed Maryland Form 548 (Power of Attorney) or a completed Maryland Form 548P (Reporting Agent Authorization) as power of attorney forms for Maryland tax purposes.

Moving forward, the Form 548P will effectively replace the federal Form 8655 (Reporting Agent Authorization). The Comptroller’s Office will continue to accept a completed federal Form 2848 (Power of Attorney and Declaration of Representative) or a completed federal Form 8821 (Tax Information Authorization) as power of attorney forms for Maryland tax purposes through December 31, 2016.

However, beginning on January 1, 2017, the Comptroller’s Office will only accept the Maryland Form 548 (Power of Attorney) and Maryland Form 548P (Reporting Agent Authorization) as power of attorney forms for Maryland tax purposes.

For more information about this change, please click here. If you have any questions, please contact SC&H Group’s Tax Services team here.

Sign Up And Stay Informed

Your data is safe and secure. SC&H will never share or sell your information with any 3rd party vendors. Guaranteed.

Related Resources

Understanding and Planning for Section 280E as a Medical Cannabis Business [Blog Post]

View

Weekly News Round Up: Jobless Claims at 43-Year Low; AICPA Outlines Tax Reform Policies; and Personal Finance Myths

View

Weekly News Round Up: Trump Victory and Impact on Financial Arena; Retail Sales Rise; and 2016 Malware Moments

View

Supporting a Growing Industry: Mike Young Discusses New Advisory Practice Serving Maryland’s Medical Cannabis Companies [Video]

View