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First phase of new tax processing system begins in Maryland

Comptroller Franchot halts returns from nine tax preparers
Posted at 11:37 AM, Jul 06, 2020

ANNAPOLIS, Md. (AP) — Maryland's comptroller says his office has launched the first phase of the agency's new tax processing system.

Comptroller Peter Franchot's office announced that the $160 million system called Compass went live Monday.

The first phase focuses on alcohol tax collection and license renewals. The comptroller's office says the process will be more automated.

Many forms also have been condensed to streamline the process. The comptroller's office says Compass will continue to be implemented over the next several years.

Corporate taxes are schedule to be launched under the system in the first quarter of 2021. Business taxes and individual income taxes are scheduled to follow in 2022.