Tax Controversy and Litigation
Call for Free Consultation (410) 727-6600

2015 Maryland Tax Amnesty Program

Maryland imposes hefty penalties and charges a whopping 13% interest on delinquent taxes.  This fall, however, taxpayers will have the opportunity for relief under a new Maryland Tax Amnesty Program.

The Maryland Comptroller will declare an amnesty period from September 1, 2015 to October 30, 2015, (“Amnesty Period”) applicable to most State and local taxes.  Taxpayers that participate in the new Maryland Tax Amnesty Program and meet certain requirements will receive a waiver of all civil penalties (except previously assessed fraud penalties) and 50% of the interest associated with their delinquent taxes (“Amnesty Waiver”).

Amnesty Waiver

The Amnesty Waiver applies to taxpayers who, on or before December 31, 2014, failed to file a tax return or failed to pay a tax liability for:

  1. Individual income tax;
  2. Corporate income tax;
  3. Withholding tax;
  4. Sales and use tax; or
  5. Admissions and amusement tax.

To qualify for the Amnesty Waiver, the taxpayer must do the following during the September 1st through October 30th Amnesty Period:

  1. File a delinquent return and pay the tax in full, including 50% of the interest due, on that return;
  2. Pay any outstanding tax plus 50% of any interest due on a previously filed return.

Amnesty Payment Agreement

If a taxpayer is unable to pay the tax in full during the Amnesty Period, then the taxpayer must enter into a written payment agreement with the Comptroller (“Amnesty Payment Agreement”) to fully pay the tax and 50% of the interest due on or before December 31, 2016.  The taxpayer must comply with the terms of the Amnesty Payment Agreement or the Amnesty Waiver will be void.

Criminal Amnesty

In addition to the Amnesty Waiver, a taxpayer generally may not be charged with a criminal tax offense arising out of any return filed and tax paid during the Amnesty Period or in accordance with an Amnesty Payment Agreement (“Criminal Amnesty”).

However, Criminal Amnesty does not apply to:

  1. Any criminal charges already pending in Maryland courts during the Amnesty Period; or
  2. Any criminal charges under investigation by certain Maryland agencies such as the Maryland Attorney General’s Office, the Office of the State Prosecutor, and the Office of the State’s Attorney.   (criminal charges under investigation by the Office of the Comptroller will not disqualify a taxpayer from Criminal Amnesty)

Taxpayers should consult a tax professional at Rosenberg Martin Greenberg, LLP to discuss participation in the new Maryland Tax Amnesty Program.

For more information or to make an appointment, call Giovanni Alberotanza at 410.649.4990 or email galberotanza@rosenbergmartin.com or Brian Crepeau at 410.649.4981 or email bcrepeau@rosenbergmartin.com.

Talk to a Baltimore Tax Attorney Today

If you are seeking counsel for a tax related legal matter, contact the Rosenberg Martin Greenberg Tax Controversy experts.

Tax Controversy News

Dec 12, 2017

Estimated Tax Payments: What You Need to Know

If you receive income during the year which does not have tax withheld from it, you may be required to pay estimated taxes. This type of income includes funds from your own business, a job that does not withhold taxes, capital gains, dividends, alimony and more. You may also pay estimated taxes if you have…

Dec 12, 2017

Year End Tax Preparation Tips

As the tax landscape shifts with political maneuvering in Washington, individuals and business owners might be distracted from thinking about their own taxes as the 2017 tax year comes to a close. The tax attorneys at the Baltimore law firm of Rosenberg Martin Greenberg have prepared these year-end tax preparation tips to help everyone get…

Dec 11, 2017

Coinbase and the IRS: The Takeaway for Virtual Currency Investors (Comply with Tax Obligations or Face Real Consequences)

On November 28, 2017, a federal judge in California ordered Coinbase, Inc. (“Coinbase”), a major virtual currency exchange, to provide the Internal Revenue Service (“the Service”) with account information for thousands of individuals trading virtual currency through its exchange.  (A copy of the entire Order in United States v. Coinbase, Inc., et al., No. 17-cv-01431-JSC…

Full Bio | Articles

Rosenberg Martin Greenberg

25 South Charles Street, 21st Floor MD 21201
Phone: 410-727-6600
Map & Directions

Rosenberg Martin Greenberg

705 Melvin Avenue Annapolis, MD 21401
Phone: 410-727-6600
Map & Directions