03/11/2025
New legislation to propose a 2.5% sales tax on business-to-business services. The hearing is tomorrow!
In case you were like me and weren't aware of the proposed Maryland bill HB 1554/SB 1045 until today, I'm passing along the information below. I have already voiced my opposition to our lawmakers. If you would like to do the same, here is a link to find the House and Senate leaders contact
information for your district.
https://mgaleg.maryland.gov/mgawebsite/members/district
Services to be Taxed
* Accounting, payroll and bookkeeping services
* Office administrative support services
* IT services, data processing and web hosting
* Employee and contractor placement services
* Consulting services
* Scientific and development services
* Photography, design and printing services
* Marketing and PR services
* Landscaping and property maintenance
* Repair services (electronics, machinery and vehicles)
* Financial planning and tax preparation
* Appraisal services (non-real estate)
* Valet and parking services
https://www.mdchamber.org/2025/03/05/2025-small-business-services-tax-impact
s/
If passed, this legislation is only going to mean higher costs for consumers and businesses alike, as well as, lost revenue for our small businesses who are going to lose customers to out of state competitors.
