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Maryland's General Assembly is in session, facing a significant budget deficit. In this episode, State Senator Brian Feldman, CPA, breaks down the tough decisions ahead, including the potential taxation of professional services. He emphasizes why legislative advocacy is crucial for CPAs, who can influence tax policy and business decisions. Senator Feldman also explains how Maryland’s legislative process is accessible, offering CPAs a chance to make a real impact. We also discuss how Maryland’s economic, energy, and environmental policies will shape the future, making it vital for CPAs to be involved.

Resources:

Brian J. Feldman, Maryland State Senator
MACPA's annual CPA Day in Annapolis
MACPA editorial, "Fiscal concerns dominate Maryland's 2025 legislative session", by Bill Sheridan