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Tax Credits

A collection of news and information related to Tax Credits published by this site and its partners.

Top Tax Credits Articles

Displaying items 100-110
  • Baltimore City works haltingly to explain property tax credit errors

    Baltimore City works haltingly to explain property tax credit errors
    Five Baltimore homeowners have been getting erroneous historic rehab property tax credits for the past two years. Once the errors were discovered, the city was quick to demand that all five pay the money back — and within 30 days, thanks. But...
  • Are city homeowners allowed to double up on tax credits?

    Are city homeowners allowed to double up on tax credits?
    Last week while reporting on the latest tax credit mess, we learned about an obscure 1999 Baltimore law that appeared to have potentially big consequences. It seemed to bar city homeowners from getting both a historic rehab tax credit and a homestead...
  • Illinois-based engineering firm locating facility in Purdue research park

    Illinois-based engineering firm locating facility in Purdue research park
    Automotive Robotics Indiana Labs, Inc., a related company of Automotive Robotics Proving Labs, Inc. that provides electronics, engineering design and manufacturing services, announced plans Wednesday to locate a new facility here, creating up to 30 jobs...
  • Local personal care manufacturer grows, adds 144 jobs

    Local personal care manufacturer grows, adds 144 jobs
    Mansfield-King, a manufacturer and distributor of personal care products, announced plans Friday to expand its headquarters here, creating up to 144 new jobs by 2016. The company, which produces soaps, shampoos, conditioners and ointments, will invest...
  • Budget impasse in Annapolis threatens thriving local TV industry

    Budget impasse in Annapolis threatens thriving local TV industry
    After four tough years, these are heady days in the world of Maryland TV and film production. Last month, "Game Change," the Baltimore-made HBO docudrama on the 2008 presidential election, premiered to strong reviews and even stronger debate. This week,...
  • City will allow homeowners more time to pay off erroneous tax bills

    In an about-face, Baltimore finance officials are telling five city homeowners who received two years’ worth of erroneous tax breaks that they can repay the city over time and without incurring interest or penalties.   The city had demanded the...
  • What you need to know on tax day

    What you need to know on tax day
    Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. Once the clock strikes midnight, those who owe will start accruing penalties -- which can range as high as 25% of your total tax bill. Tuesday also...
  • Baltimore City property tax bills getting a makeover for clarity

    Many Baltimore City property owners may have a hard time comprehending the size of their tax bills, but the bills themselves should make more sense when the new batch goes out in the mail in a couple of months. City tax bills are getting something of a...
  • Local PA Businesses get tax credit for helping with flood recovery effort

    Local PA Businesses get tax credit for helping with flood recovery effort
    Department of Community and Economic Development (DCED) Secretary C. Alan Walker announced today that Northeastern Pennsylvania businesses will receive Neighborhood Assistance Program tax credits for donating more than $600,000 to support flood relief...
  • 2011 L.A. feature film production edges up, TV dips

    2011 L.A. feature film production edges up, TV dips
    Los Angeles continued to lose TV shoots in 2011 to New York, but the area saw a modest increase in feature activity, partly due to the state's film tax credit. Overall, on-location filming in Los Angeles area rose 4% last year, as a rise in feature...
  • Lawmakers struggle to axe $5 billion in tax breaks and loopholes

    Lawmakers struggle to axe $5 billion in tax breaks and loopholes
    Six years ago, lawmakers got really worried about the voracious and ever-growing infestation of business tax credits and exemptions embedded deep in the bowels of Connecticut's tax system. They knew hundreds of millions of dollars in state revenue were...