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Maryland Waives Late Withholding Tax Penalties Until May 31

Maryland will waive penalties and interest for late withholding for Maryland businesses from January 1 to May 31, 2024, in the wake the Key Bridge collapse.  Provided payments are made by May 31, 2024, any late payments during that period will not be subject to late penalties or interest.  The waiver is automatic and applies to all businesses.

Source Sovos


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