Maryland's New IT Tax: Will Your Business Feel the 3% Pinch?

Starting in July 2025, Maryland businesses will face a new 3% data and information technology tax covering a wide range of services, from cloud storage and website maintenance to cybersecurity and help desks. IT company directors predict this tax will likely lead to increased costs for small businesses and potentially higher consumer prices.Sponsored by Maryland Smart Energy — smarter buildings, smaller bills. Utility-funded energy programs for Maryland businesses, nothing out of pocket. https://mdsmartenergy.comProduced with AI. https://marylandmeans.business