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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 78-88
  • 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...
  • 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...
  • 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...
  • Quinn increases tax credit for working poor

    Quinn increases tax credit for working poor
    The state's working poor will save a bit more on taxes as a result of a bill Gov. Pat Quinn signed into law today. The measure increases the earned income tax credit. The Democratic governor requested the relief to provide a counterbalance to the tax...
  • Health Enterprise Zones to target disparities in state

    Health Enterprise Zones to target disparities in state
    Frustrated by Maryland's high rate of health disparities, state leaders are proposing a new attack — one more commonly associated with economic development. Gov. Martin O'Malley's 2012-2013 budget will include funding to create Health Enterprise...