BALTIMORE, MD—The Maryland State Department of Assessments and Taxation has announced its 2024 reassessment of 767,226 “Group 3” residential and commercial properties. In Maryland, there are more than two million property accounts that are split into three groups, each appraised once every three years. The overall statewide value increase for “Group 3” properties was 23.4% since its last reassessment three […]
ANNAPOLIS, MD—Governor Wes Moore this week announced the launch of the Build Our Future grant program, a financial resource for innovation infrastructure projects to support eligible technology sectors. Funded at $10 million, the pilot program will provide matching grants of up to $2 million to projects that demonstrate a transformative impact in accelerating growth and innovation in the state’s strategic […]
BALTIMORE, MD—The Office of the Attorney General is once again warning that businesses in Maryland have been receiving a letter entitled “2023 Certificate of Good Standing Request Form.” The letter requests a fee in exchange for a letter of good standing with an “official seal of the Secretary of State.” This letter is a scam and is the same fraudulent […]
ANNAPOLIS, MD—Governor Larry Hogan on Monday announced that the third application round of Opportunity Zone Microgrant Funding will open on Tuesday, October 4, allowing eligible small businesses seeking to expand within designated Opportunity Zones to apply for microgrants ranging from $50,000 to $100,000. The Opportunity Zone Microgrants will be distributed through the Neighborhood BusinessWorks program administered by the Maryland Department […]
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 […]
BALTIMORE, MD—The Maryland Department of Assessments and Taxation (SDAT) this week announced the availability of 2022 annual reports, personal property tax returns, and extension requests for businesses registered in Maryland. All domestic and foreign business entities must file an annual report or request an extension by April 15, 2022 to maintain their “good standing” status. “Since the onset of the […]
ANNAPOLIS, MD—Governor Larry Hogan on Tuesday afternoon announced the largest tax relief package in state history to deliver more than $4.6 billion in relief for Maryland families, small businesses, and retirees. “Next to our health recovery from the worst pandemic in more than a century, nothing is more important than our continued economic recovery,” said Governor Hogan. “With all of […]
TOWSON, MD—County Executive Johnny Olszewski on Monday announced the availability of $2.3 million for new recovery grants for nonprofit organizations in Baltimore County. The new program, funded through the County’s allocation of Maryland Recovery Now funds from the Maryland Department of Housing and Community Development, aims to support organizations that have struggled financially as a result of the COVID-19 pandemic. […]