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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 45-55
  • City homeowners given 30 days to repay tax credits they didn't request

    City homeowners given 30 days to repay tax credits they didn't request
    Over the past two years, Maureen Coyle has received $5,700 in property tax breaks that the city admits she never requested for her Patterson Park rowhouse. Now the city is demanding full repayment by month's end. If she doesn't or can't pay by then,...
  • Assembly OKs bill imposing fines for improper homestead tax credits

    Assembly OKs bill imposing fines for improper homestead tax credits
    The General Assembly has approved a bill imposing steep penalties on homeowners who are caught getting homestead property tax credits they're not entitled to receive. Fines would equal 25 percent of any undeserved break – a considerable...
  • 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...
  • 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...
  • 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...
  • 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...
  • Top property tax bills in Baltimore add up to big bucks

    Top property tax bills in Baltimore add up to big bucks
    When the city sends Tom Clancy his property tax bill, finance officials might want to tuck in a thank-you note. The multimillionaire novelist's supersized digs at the Ritz-Carlton Residences along the Inner Harbor have by far the highest tax payment of...
  • Firm chosen to manage Md. tax-credit auction

    The Maryland Department of Business and Economic Development said Thursday that it had selected a Pittsburgh-based software company to build a website for auctioning state tax credits to insurance companies as part of a $70 million economic development...
  • Stokes eyes taking property tax plan to city voters

    City Councilman Carl Stokes says he may go straight to voters this fall to approve cutting the city's property tax rate in half by 2017 — a proposal he said would be paid for, in part, by raising a cap that limits the assessed value that can be...