Taxes Archives - Page 6 of 9

Governor Hogan: Maryland Department of Commerce to forgive $75 million in commercial emergency loan debt, state to fund $25 million in low-income housing tax credit projects

Posted on December 10, 2020 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Thursday afternoon delivered an update on Maryland’s response to the COVID-19 pandemic. In March, the state provided $75 million in emergency loans to Maryland businesses. On Thursday, Governor Hogan directed the Maryland Department of Commerce to forgive the entire $75 million in emergency loan debt. The loans will be converted to grants, which will not […]

Rosedale business owner pleads guilty to federal tax charges for failing to pay employment taxes

Posted on October 29, 2020 by Chris Montcalmo

ROSEDALE, MD—Jimmy Danh, 60, formerly of Rosedale, pleaded guilty on Thursday to federal charges of conspiracy to defraud the United States and failure to pay over-employment taxes. The guilty plea was announced by United States Attorney for the District of Maryland Robert K. Hur and Special Agent in Charge Thomas Fattorusso of the Internal Revenue Service – Criminal Investigation, Philadelphia […]

Governor Hogan announces extension of homeowners’, renters’ property tax credit deadlines

Posted on September 28, 2020 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Monday announced that the Maryland State Department of Assessments and Taxation is extending the deadline to apply for 2020 Homeowners’ and Renters’ Property Tax Credits from October 1 to October 31. These two tax credit programs save Marylanders more than $65 million per year, with homeowners receiving an average credit of $1,348 on their tax […]

Councilman Marks votes for nearly $100 budget million in cuts over 2 years

Posted on May 29, 2020 by Chris Montcalmo

TOWSON, MD—At Friday morning’s meeting of the Baltimore County Council, Councilman David Marks voted to cut $59 million from the proposed Fiscal Year 2021 budget. Combined with his vote last year, Councilman Marks has supported cutting nearly $100 million from the budget over the past two years. “This year, I supported nearly $60 million in cuts to bring our county […]

Harford County enacts FY 2021 budget: funding for schools, record funding for public safety, no tax rate increases

Posted on May 28, 2020 by Chris Montcalmo

HARFORD COUNTY, MD—Harford County Executive Barry Glassman on Thursday signed legislation enacting the county budget for Fiscal Year 2021 after it was unanimously approved by the county council on Tuesday. The $948 million budget for next year fully funds the school board’s operating budget request, provides record level funding for public safety, the library system and the community college. The […]

Olszewski announces legislation to allow Baltimore County to delay tax sale process amid COVID-19 pandemic

Posted on May 5, 2020 by Chris Montcalmo

TOWSON, MD—In light of the economic stress placed on households and businesses due to the COVID-19 pandemic, Baltimore County Executive Johnny Olszewski on Tuesday announced that the administration is introducing a bill to allow Baltimore County to delay the tax sale process. “In the midst of this public health crisis, we continue to take unprecedented steps to support our residents,” […]

Councilman Marks: No property tax increase in proposed budget

Posted on April 27, 2020 by News Desk

The following is an op-ed piece from Councilman David Marks… In April, County Executive Johnny Olszewski unveiled his Fiscal Year 2021 budget plan, which can be seen here. The budget proposal was shaped largely by the impact of the coronavirus pandemic. Baltimore County’s revenue has dropped by at least $40 million since the start of the shutdown. Since the budget […]

SDAT extends Annual Report, Personal Property Tax Return deadline to July 15

Posted on March 30, 2020 by Chris Montcalmo

BALTIMORE, MD—On Monday, the Maryland Department of Assessments and Taxation announced that the 2020 deadline to submit Annual Reports and Personal Property Tax Returns will be automatically extended to July 15 as part of the Hogan administration’s response to COVID-19. Expiration dates for trade names and name reservations, as well as entity forfeiture dates, will also be extended to 30 […]

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