Bormel, Grice & Huyett P.A.

10/27/2026

Avoid paying Maryland’s $300 annual report filing fee — deadline December 31. Learn how employer participation in MarylandSaves or offering another qualified retirement plan can waive the fee for each eligible year. Read the full post for details and next steps: https://wix.to/CsVQMZw

In September of 2022, MarylandSaves was launched by The Maryland Small Business Retirement Savings Program, which was authorized by House Bill 1378 in 2016. The program requires most Maryland employers to offer their employees some sort of retirement savings. Participation in MarylandSaves or anothe...

09/30/2026

We’re proud to announce Bormel, Grice & Huyett has been ranked #18 in the nation on Accounting Today's 2026 Best Firms to Work For list! 🎉. Read more: https://wix.to/RqEopAN #18

🎉 We're excited to announce that Bormel, Grice & Huyett has been ranked #18 in the nation on Accounting Today's 2026 Best Firms to Work For list! 🏆 This recognition reflects the incredible people who make BGH a great place to work and a trusted advisor to our clients. We're proud of the cultur...

09/10/2026

Big update for Maryland taxpayers: Maryland Tax Connect now supports individual filers, replacing iFile. 🔔✅

This secure portal lets you file returns, pay taxes, view account history, check refund status, and access notices - all in one place. We’ve put together an easy, step-by-step registration guide and can help link your tax account if needed.

Read more and get instructions: https://wix.to/NWv3WlM

Need assistance? Call our tax team at 301-953-3259. 📞

08/25/2026

Maryland’s FAMLI (Family and Medical Leave Insurance) program launches soon — employees will begin receiving benefits in January 2028, with contributions starting Jan 1, 2027. Eligible workers can take up to 12 weeks of paid leave and receive up to $1,000/week. Read the key dates, who’s covered, and what employers need to know in our quick guide.

Read more: https://wix.to/tkDWky5

The Maryland General Assembly passed the Time to Care Act in 2022, which established a paid family and medical leave program (FAMLI) for Maryland workers. FAMLI allows eligible employees in Maryland up to 12 weeks off from work to care for themselves or a family member and still be paid up to $1,000...

07/14/2026

IRS updates: The optional standard mileage rate has increased effective July 1, 2026 — what that means for business, medical, moving, and charitable mileage deductions. Read the quick breakdown and how to apply the new rate to your records. Read more: https://wix.to/QVaM61C

The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self‑employed individuals, and other taxpayers to compute the deductible costs of operating automobiles (including vans, pickups, and panel truc...

07/06/2026

New blog: June 2026 | Trump Accounts: Investing & Saving for Your Children — Understand how the new custodial-style "Trump Accounts" (available as of July 4, 2026) can give kids a head start on savings, eligibility rules, and what parents need to know. Read more: https://wix.to/riKtYkC

Trump Accounts were introduced in 2025 through the issuance of the One Big Beautiful Bill and are intended to give the next generation a head start on savings. These custodial-style IRA investment accounts became available as of July 4th, 2026, and will initially be administered by the Treasury. Tru...

06/29/2026

The Maryland Tax Connect, already in use by businesses, extends the online self-service tax portal to individuals beginning September 1st. Check the upcoming action dates and what they mean for your personal or business taxes.

Read the full update: https://wix.to/SEyV6Ha

The Comptroller of Maryland is rolling out Maryland Tax Connect for Individuals which will be an online self-service tax portal. This system is already in use by Maryland businesses and will now extend the same capabilities to individual taxpayers. Individuals will be able to accomplish many tasks i...

06/22/2026

Misclassifying workers can cost your business — in taxes, penalties, and legal headaches. Our latest blog breaks down the key factors that determine whether a worker is an employee or an independent contractor and what to watch for. Read the full guide: https://wix.to/qoRZQ8X

Distinguishing an employee from an independent contractor isn’t always straightforward. Getting it wrong can create real problems for a business, from unexpected payroll tax liabilities to penalties for misclassification. Below is a breakdown of the factors that typically signal whether a worker s...

01/26/2026

IRS updates for 2026 business mileage rate are here. Make sure your mileage deductions and reimbursements are up to date. Read more: https://wix.to/ZFZjbbD

Beginning January 1, 2026, the standard milage rates for the use of car, van, pickup or panel truck is as follows: • 72.5 cents per mile driven for business use, up 2.5 cents from 2025 • 20.5 cents per mile driven for medical purposes (or moving purposes for qualified active-duty military member...

01/13/2026

USPS changed how postmarks are applied — and that could affect your tax return filing date. Our latest post explains why mail may now be postmarked at regional processing centers (or not at all) and what that means for deadlines and proof of timely mailing. Read more: https://wix.to/M40kKcy

The United States Postal Service (USPS) has finalized a new ruling that formally clarifies how postmarks are applied. Historically, taxpayers assumed that mail dropped off at a local post office would receive a postmark that same day and at that specific location. Under the new clarification, postma...