AP
Washington Hispanic:
The collector Maryland’s tax agency announced Wednesday an extension of tax filing and payment deadlines to help people weather financial stress due to the pandemic.
Maryland businesses and estimated quarterly income tax returns and payments due in January, February, and March will not be paid until 15 April.
Businesses and the self-employed or independent contractors with estimated income tax returns and payments due on 15 January will also receive an extension until 06 April.
While the g The entity will still have to pay its taxes, Comptroller Peter Franchot said it adds up to a total of between $ 1. 00 0 million and $ 1. 500 million in temporary relief. There will be no penalties, and people do not have to request an extension.
The state extended the deadlines last year from 06 April to 15 July.
“That turned out to be budget neutral,” Franchot said. “We have all the taxes that were owed to us. It was just that we gave people 90 days to have a cushion of their own money in their own bank accounts.