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A Maryland audit says the State Department of Assessments and Taxation has not created a formal and comprehensive compliance program to administer the Homestead Property Tax Credit.
As part of the fiscal cliff deal, many green energy programs saw renewed focus.
State lawmakers from far western Maryland are fighting an effort to repeal a tax credit that rewards electric companies for buying Maryland coal.
Here’s a story that could save you money: Maryland homeowners must apply for a homestead tax credit by December 31 or you may lose the credit you’re already getting.
Former first daughter Jenna Bush Hager and her husband Henry put their South Baltimore home on the market in 2010 and though they are now renting out the 1880s townhouse, the couple still gets a tax break meant for owner-occupants.
The Senator Theatre’s owners will receive a $300,000 tax credit to rehabilitate the movie house.
A Maryland agency has chosen a group to oversee the auction of tax credits to raise up to $70 million to help start-up companies in the state.
Gov. Martin O’Malley, who has run into difficulties this session with the Democratic-controlled General Assembly on high-profile parts of his legislative agenda, has been adding more of a personal touch in recent days in hopes of persuading lawmakers to support priority measures that have run into resistance.
Democratic Maryland Rep. Elijah Cummings will be announcing $118 million in tax credits for Maryland businesses.
If you need to replace a faulty central air conditioner, new units still qualify for a tax credit.