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Maryland: Ask an Expert CPA for Tax Help in the state

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Why CPAs in Maryland are better online

If you use a CPA for expert tax advice and to help prepare your taxes, you're probably used to searching your home office for all your receipts and tax records and dragging yourself across town to a brick and mortar CPA's office. If you've kept good records like spreadsheets and other recorded data, your CPA would spend several hours (also if you're lucky) going over everything with you. Then you would emerge into the daylight with a big bill for your CPA's services, and the CPA would file your taxes. You would spend the next couple weeks hoping that you would get a refund that would be at least enough to cover the CPA's bill. But times have changed, and it doesn't have to be that way anymore. Thanks to digital technology and just about everything being done online, you can find tax services in Maryland online and have an even better experience with an expert who is well-versed in Maryland CPA services. This is probably no surprise, since we can now order just about anything on the internet, talk to our loved ones 1,000 miles away, and start a small business online with almost no start-up cash. But it may not yet be common knowledge that you don't have to keep records manually using spreadsheets or keep your receipts for every single business purchase. In fact, there's an app that uses a powerful A.I. to track your expenses and catch every possible tax write-off. When tax time comes, all of your information is stored in the app, so there's no need to keep records manually. FlyFin's CPA team has your back with unlimited tax advice in the app, instead of costly consultations with CPA firms in Maryland. Their 100+ combined years of tax knowledge on the system in Maryland is combined with CPA services in Maryland that pertain to the needs of self-employed individuals of all types, plus knowledge about LLCs, S-Corporations, sole proprietorships and other business structures.

Facts and figures about
taxes in Maryland

12,128

CPAs across the state

maryland
population

6,177,224

Residents as of 2022

population

416,140

People claiming self- employment tax deductions

population

149,890

S-Corps statewide

population

650,030

People taking itemized deductions

population

444,130

People claiming the QBI deduction

😵‍💫 Smart CPAs are accessible and affordable, but there's only 1 Maryland CPA for every 300 residents.

😓 19 million taxpayers filed late last year. Smart CPAs can help taxpayers be prepared.

😨 Smart CPAs can help the 30 million Americans who miss tax deductions each year.

😣 Smart CPAs can put an end to the overpaying on taxes that half of Americans do every year.

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How to set up an LLC in Maryland

Maryland State Income Tax Rates & Brackets for 2023

The following tables represents Maryland's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

$0 - $1,000

2.00%

$1,000 - $2,000

3.00%

$2,000 - $3,000

4.00%

$3,000 - $ 1,00,000

4.75%

$ 1,00,000 - $ 1,25,000

5.00%

$ 1,25,000 - $ 1,50,000

5.25%

$ 1,50,000 - $ 2,50,000

5.50%

$ 2,50,000+

5.75%

MARRIED FILING JOINTLY

Brackets

Rates

$0 - $1,000

2.00%

$1,000 - $2,000

3.00%

$2,000 - $3,000

4.00%

$3,000 - $ 1,50,000

4.75%

$ 1,50,000 - $ 1,75,000

5.00%

$ 1,75,000 - $ 2,25,000

5.25%

$ 2,25,000 - $ 3,00,000

5.50%

$ 3,00,000+

5.75%

Filing Status

Standard Deduction Amt.

Single

$2,350

Couple

$3,525

Maryland State Sales Tax Rates for 2023

County

Tax Rate

Allegany County

6%

Anne Arundel County

6%

Baltimore County

6%

Calvert County

6%

Caroline County

6%

Carroll County

6%

Cecil County

6%

Charles County

6%

Dorchester County

6%

Frederick County

6%

Garrett County

6%

Harford County

6%

Howard County

6%

Kent County

6%

Montgomery County

6%

Prince George's County

6%

Queen Anne's County

6%

Somerset County

6%

St Mary's County

6%

Talbot County

6%

Washington County

6%

Wicomico County

6%

Worcester County

6%

Maryland State IRS Statistics of Income for 2020

Size of adjusted gross income

Item
(All amounts are in 1000s of dollars)

Number of returns

Number of single returns

Number of joint returns

Number of head of household returns

Number of individuals

Adjusted gross income (AGI)

Total income: Number

Amount

Salaries and wages in AGI: Number

Amount

Business or profession net income (less loss): Number

Amount

Partnership/S-corp net income (less loss): Number

Amount

Self-employed health insurance deduction: Number

Amount

Student loan interest deduction: Number

Amount

Charitable contributions if took standard deduction: Number

Amount

Total itemized deductions: Number

Amount

State and local income taxes: Number

Amount

State and local general sales taxes: Number

Amount

Qualified business income deduction: Number

Amount

Child and dependent care credit: Number

Amount

Child and other dependent tax credit: Number

Amount

Self-employment tax: Number

Amount

Earned income credit: Number

Amount

Refundable education credit: Number

Amount

Recovery rebate credit: Number

Amount

Total tax liability: Number

Amount

Total additional Medicare tax: Number

Amount

Net investment income tax: Number

Amount

Tax due at time of filing: Number

Amount

Total overpayments: Number

Amount

All returns

3,135,300

1,618,460

964,230

442,930

5,618,780

263,800,796

3,083,190

266,922,852

2,496,350

184,561,190

615,190

6,559,434

149,890

13,918,307

61,420

553,961

178,460

145,322

727,230

185,712

650,030

20,403,507

607,860

8,359,916

34,180

60,309

444,130

2,981,504

134,510

79,276

782,150

1,694,483

416,140

1,383,890

401,570

859,900

119,150

104,301

569,060

799,232

2,417,070

37,732,005

134,490

219,838

133,820

509,290

728,060

3,829,485

2,312,170

8,562,621

Under $1

80,040

61,500

11,210

4,470

103,340

0

27,970

0

9,890

445,454

14,130

0

6,290

0

1,660

14,719

1,660

1,885

10,740

2,632

0

0

0

0

0

0

0

0

0

0

40

52

3,610

10,277

4,670

6,094

1,910

1,758

42,510

65,488

4,700

14,568

370

563

0

0

2,130

4,683

57,150

207,176

$1 under $10,000

373,380

318,000

21,030

27,140

367,900

1,747,002

373,340

1,821,568

225,860

1,236,233

102,640

240,525

3,580

0

2,310

7,891

4,530

3,846

42,350

9,344

5,980

115,209

2,800

11,087

2,130

972

1,240

294

20

7

190

72

81,140

47,213

94,860

96,566

12,330

10,806

83,870

130,345

94,180

52,539

20

21

0

0

62,320

26,782

257,500

354,186

$10,000 under $25,000

490,210

336,710

46,340

94,500

716,000

8,510,917

490,210

8,688,493

364,450

5,643,390

110,340

719,001

7,490

0

4,740

17,372

13,470

11,461

86,370

21,037

17,750

371,693

11,190

23,078

4,920

3,309

38,460

25,050

5,000

1,729

49,550

18,537

85,240

140,956

148,900

427,284

24,940

21,491

109,450

169,195

297,760

285,361

60

81

20

19

57,020

64,396

419,380

1,117,993

$25,000 under $50,000

677,830

395,210

97,970

157,380

1,138,290

24,810,617

677,830

25,117,137

582,840

19,498,172

107,640

612,360

13,250

38,221

7,660

35,240

43,680

36,046

151,780

38,087

61,690

1,365,234

52,590

142,781

7,160

8,239

72,220

109,542

30,150

20,425

201,170

262,098

65,860

154,982

148,950

327,705

29,140

24,738

107,190

149,140

540,520

1,286,191

130

134

0

0

104,900

153,879

569,700

1,577,189

$50,000 under $75,000

440,200

236,390

107,370

73,230

763,160

27,140,970

440,200

27,426,695

375,810

21,305,419

68,130

422,930

13,700

107,163

6,620

39,665

47,840

41,373

116,850

29,807

98,500

2,299,100

92,110

386,933

5,190

8,857

55,500

120,710

18,040

11,080

125,310

283,595

38,380

112,265

4,190

2,251

15,670

14,120

71,390

92,099

413,790

2,107,905

150

217

10

5

97,270

199,614

341,870

944,423

$75,000 under $100,000

299,780

125,450

119,020

40,300

579,450

26,018,724

299,780

26,234,651

253,550

19,758,206

51,100

380,951

13,130

126,528

5,330

37,457

23,240

14,991

82,950

21,609

103,610

2,634,514

99,460

587,251

3,450

7,655

48,360

120,112

13,640

8,192

93,750

242,369

28,930

93,973

0

0

10,790

9,107

57,960

58,158

294,480

2,482,631

250

151

10

3

78,820

214,922

220,350

717,649

$100,000 under $200,000

539,270

124,320

355,920

40,240

1,280,840

74,706,724

539,270

75,358,003

471,710

57,191,368

104,340

1,330,016

38,340

778,397

13,740

118,302

44,030

35,720

170,740

45,255

224,660

6,674,390

217,720

2,127,624

6,060

16,164

124,560

439,685

41,280

23,987

215,670

607,751

63,980

270,018

0

0

24,380

22,281

94,670

133,976

537,130

9,029,328

12,270

3,180

5,010

961

199,940

782,444

338,250

1,435,872

$200,000 under $500,000

200,300

17,920

175,110

4,940

568,620

56,051,148

200,300

56,749,092

182,470

41,307,774

47,120

1,925,066

35,270

2,522,375

11,930

149,289

0

0

58,620

16,026

112,890

4,178,325

108,460

2,338,765

4,100

11,235

81,840

638,774

23,430

12,171

96,240

279,747

36,870

285,247

0

0

0

0

2,010

831

200,220

9,648,745

94,850

66,746

97,930

84,183

108,640

1,042,253

90,870

807,044

$500,000 under $1,000,000

23,720

1,950

21,050

510

70,130

15,850,820

23,720

16,168,328

21,010

9,315,279

6,820

694,603

11,240

2,755,691

4,200

69,955

0

0

5,260

1,470

16,550

875,028

15,620

877,874

800

2,306

14,120

276,776

2,320

1,276

240

262

7,670

108,415

0

0

0

0

0

0

23,720

3,916,164

18,320

57,484

21,000

81,798

12,630

498,604

10,960

365,950

$1,000,000 or more

10,590

1,010

9,200

220

31,060

32,312,351

10,590

32,655,105

8,760

8,859,895

2,920

584,796

7,610

9,075,935

3,220

64,071

0

0

1,580

445

8,400

1,890,014

7,900

1,864,523

370

1,572

7,850

1,250,561

640

409

0

0

4,450

160,544

0

0

0

0

0

0

10,580

8,908,573

8,070

91,261

9,830

342,321

4,390

841,908

6,140

1,035,139

Frequently Asked Questions

How does Maryland tax filing work online?

Exactly what is a Maryland CPA?

What does an online Maryland Certified Public Accountant do?

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How do FlyFin CPAs save freelance taxpayers time and money?

Unlike employees, who have taxes automatically deducted from their paychecks, freelancers, sole proprietors, gig workers and independent contractors have to be responsible for everything tax-related. FlyFin was designed to meet all of their unique tax needs in one place. The A.I.-powered tax app automatically tracks business expenses to find every write-off and lets taxpayers of all kinds file their taxes. FlyFin CPAs answer any tax question at no cost and take 95% of the effort of doing taxes out of taxpayers' hands by filing 100%-accurate state and federal tax returns and saving taxpayers $3,500 on average.
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