BALTIMORE, MD—With around 20% of new businesses failing within one year and inflation making entrepreneurship even more difficult, the personal-finance website WalletHub this week released its report on 2023’s Best & Worst States to Start a Business. On its list of best states to start a business, Maryland came in at the bottom – ranking at No. 41 out of […]
PERRY HALL, MD—Two prominent Maryland Republicans held a press conference in Perry Hall on Monday. Rep. Andy Harris (R-District 1) and Delegate Kathy Szeliga (R-District 7) held a media event at the High’s store in Perry Hall and called for the state of Maryland to implement a second state gas tax holiday. The average gas price in the U.S. stood […]
ANNAPOLIS, MD—Governor Larry Hogan this week issued the following statement regarding gas tax relief: “Nearly 100 days ago, Maryland became the first state in the nation to suspend the gas tax, and we proved that it can be done successfully to lower prices for working Americans. We have also been calling on President Biden to take action to suspend the […]
ANNAPOLIS, MD—Ahead of the summer travel season, Governor Larry Hogan on Monday called on Comptroller Peter Franchot to immediately take steps to halt or minimize the impact of the legislative gas tax increase that his office is scheduled to announce in the coming days. Under legislation passed by the General Assembly in 2013, the Comptroller announces gas tax increases on […]
BALTIMORE, MD—Maryland Attorney Brian E. Frosh on Wednesday announced a settlement that includes more than $2 million in restitution from the owner of TurboTax, Intuit Inc. for misleading Maryland consumers into paying for tax services that they could have received for free. Per a multistate agreement with all 50 states and the District of Columbia, Intuit will pay $141 million, […]
BALTIMORE, MD—The Maryland Department of Assessments and Taxation is reminding residents that 2022 Annual Reports, Personal Property Tax Returns, and deadline extension requests must be filed for both domestic and foreign business entities by next Friday, April 15, 2022. The quickest and easiest way to submit these filings is through the department’s Maryland Business Express website. These filings must be […]
ANNAPOLIS, MD—Governor Larry Hogan, Senate President Bill Ferguson, and House Speaker Adrienne A. Jones on Monday announced a historic bipartisan agreement to provide $1.86 billion in tax relief over five years for Maryland retirees, small businesses, and low-income families. Combined with the recently-enacted gas tax suspension, this legislative session will deliver nearly $2 billion in tax relief. “Today, we are […]
ANNAPOLIS, MD—Governor Larry Hogan on Friday signed emergency bipartisan legislation to immediately suspend the state of Maryland’s gas tax for 30 days. With this action, which both the House and Senate passed with unanimous support, Maryland became the first state in the nation to enact an immediate suspension of the gas tax. “This bipartisan action will provide some relief from […]