A Maryland lawmaker is vying for the state to reimburse personal property taxes to businesses reeling from the pandemic, though the refund could cost the state an estimated $365 million. Last year, Maryland businesses paid an average of $2,860 in these property taxes, which include physical assets that businesses need to operate –– like refrigerators at restaurants and swivel chairs at barber shops.
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Democrats seek billions of dollars with small Wall Street tax
Congressional Democrats have proposed legislation to establish a tax on Wall Street transactions that would generate billions of dollars in revenue.
Marylanders file #taxday struggles and triumphs on Twitter
It’s #taxday! Marylanders tell of tax troubles and triumphs on Twitter.
MD Comptroller Franchot discusses the role immigrants play in the tax system
In a town meeting held at the CASA Multicultural Center in Takoma Park, Maryland Comptroller Peter Franchot explained that the immigrant population makes a huge difference in Maryland’s economy, and they can pay their taxes safely.
Maryland Senate votes to override Clean Energy Jobs veto
ANNAPOLIS, Maryland – The state Senate voted Thursday morning to override Gov. Larry Hogan’s 2016 veto of the Clean Energy Jobs bill, 32 to 13, after the House voted 85 to 51 Tuesday to override the measure.
Refund fraud on the rise: More Marylanders becoming victims of tax-ID theft
Tax fraud identity theft is on the rise in Maryland and across the country. For some, the crime is a nuisance. For others, it causes economic hardship.
Maryland comptroller proposes legislation to help curb income tax fraud
The Maryland comptroller’s office proposed legislation Tuesday that would assist enforcement and increase penalties for fraudulent filers.
Maryland Hotel Tax Bill Continues to Face Debate
Maryland has become a battleground for travel industry giants and hotels of all sizes.
Hogan’s Budget Bill Maintains Governor’s Funding Priorities
Gov. Larry Hogan’s Budget Reconciliation and Financing Act of 2015, a bill that includes 32 pages of various funding initiatives — on spending, tax, and mandate cuts, as well as fund transfers — had its first hearing Tuesday.
Gov. Larry Hogan Proposes Bill to Eliminate Veteran Income Tax
Gov. Larry Hogan announced a new bill that could eliminate income taxes for Maryland’s retired military veterans.