January 7th, 2021 by WCBC Radio
Maryland Comptroller Peter Franchot is extending tax filing and payment deadlines to April 15, 2021 as businesses and individuals continue to struggle financially during the pandemic. The extension is for certain business taxes and quarterly estimated income tax returns and payments that would be due in January, February and March. It also will be provided for withholding and estimated income tax filings and payments. It follows a similar extension granted in 2020 during the beginning of the pandemic. The comptroller’s office said no interest or penalties will be assessed and you do not need to file a request for the extension. Businesses and self-employed people or independent contractors with estimated income tax returns due January 15, 2021 will also be granted the extension. Franchot told WCBC News that these tax extensions immediately alleviate financial pressures during challenging times…
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