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Tax Credits

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Top Tax Credits Articles

Displaying items 78-88
  • Virginia considers $200 tax credit for beehives

    Virginia considers $200 tax credit for beehives
    UPDATE: This bill passed a House subcommittee Bills in the General Assembly would provide a $200 tax credit for beekeepers for each hive they maintain. While it may sound kooky, Virginia’s bees are in trouble. The number of hives in the state have...
  • Botched Federal Hill valuation highlights shrinking number of assessors

    Botched Federal Hill valuation highlights shrinking number of assessors
    The imposing three-story home on the 200 block of E. Montgomery St.stands out from its more modest Federal Hill neighbors. The edifice, with 15 front windows and a gated driveway, is noticeably bigger and no doubt much pricier. But you couldn't tell by...
  • Tax credit for homeowners means big break for some, nothing for thousands

    Tax credit for homeowners means big break for some, nothing for thousands
    Jeff Burdick and his next-door neighbors have nearly identical two-story rowhouses, on the same block of East Clement Street with the same public schools and the same city trash pickup. But one striking difference is the $5,300 he pays in yearly...
  • City councilman presses for property-tax overhaul

    City councilman presses for property-tax overhaul
    Along with some of his neighbors, the chairman of the Baltimore City Council's taxation committee is getting a remarkable tax break on his home: He pays just 16 percent of the bill. The Homestead Property Tax Credit picks up the rest. But instead of...
  • Free tax preparation, plus a lot more

    Free tax preparation, plus a lot more
    If you don't make a lot of money, the Baltimore CASH Campaign thinks you shouldn't be forking any of it over to get your tax returns prepared. The nonprofit group is heading into its 11th tax season, offering free help for low- and moderate-income area...
  • Quinn to propose tax credit for hiring veterans

    Quinn to propose tax credit for hiring veterans
    Democratic Gov. Pat Quinn on Wednesday will propose a tax credit for businesses that hire out-of-work veterans, according to an administration source briefed on the plan. Under the "Hiring Veterans Tax Credit," the tax break would apply to companies that...
  • Quinn calls for cutting natural gas tax, boosting education spending in State of State speech

    Quinn calls for cutting natural gas tax, boosting education spending in State of State speech
    Gov. Pat Quinn today called for more spending on education and abolishing the natural gas utility tax in his State of the State speech. The noon address to the General Assembly, which is posted online, focuses mostly on job creation. (Tribune reporter...
  • Bill would impose civil penalties on homestead credit scofflaws

    Maryland homeowners who are caught getting unwarranted homestead credits on their property tax bills would face fines equal to 25 percent of any undeserved break, under a bill introduced Friday in the General Assembly. Meanwhile, Del. Samuel I....
  • The hidden impediment to school renovation

    The hidden impediment to school renovation
    A major reason many Maryland jurisdictions — especially Baltimore County and Baltimore City — confront a growing problem of aging, obsolete school buildings is an obscure bit of Internal Revenue Service bureaucracy called the "prior use rule."...
  • Tax credit to speed Senator Theatre renovations

    Tax credit to speed Senator Theatre renovations
    If James "Buzz" Cusack and his daughter, Kathleen Lyon, have their way, they'll be cutting ribbons by Christmas for a restored Senator Theatre that will preserve the original cinema and add three screens and a small restaurant. Gov. Martin O'Malley...
  • Legislative Session Opening Day: Minimum Wage

    House Speaker Chris Donovan has proposed raising the minimum wage in Connecticut from $8.25 an hour to $9 on July 1 and to $9.75 the following July — and in the future having it rise with inflation. Currently, only Washington has a minimum wage...