Around Maryland, Business

Maryland property values rise 23.4% according to SDAT’s 2024 reassessment

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 …


Around Maryland, Business, Politics, Sci-Tech

Governor Moore announces $10 million Build Our Future innovation infrastructure pilot program

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 …


Maryland businesses again receiving fake 2023 Certificate of Good Standing Request Form

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 …

Maryland SDAT’s 2022 annual business filings due next week

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 …

SDAT: Annual business filings, extension requests due by April 15

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 …

Olszewski announces recovery grants opportunities for Baltimore County non-profits

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. …

Olszewski announces Baltimore County COVID-19 Small Business Restaurant Reimbursement Program

TOWSON, MD—Baltimore County Executive Johnny Olszewski on Tuesday announced the COVID-19 Small Business Restaurant Reimbursement Program, a $2.5 million fund to reimburse restaurant businesses and food service establishments for investments or improvements that not only help prevent the spread of COVID-19, but also help extend the outdoor dining season. “Baltimore County’s restaurant community plays a vital role in our local …

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

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 …