Posts Tagged ‘Maryland Comptroller Peter Franchot’
Md. Back-to-School Sales Tax Exemption Scheduled for Aug. 14th-20th
Maryland looks to send kids and families back to school with savings.Shop Maryland Tax-Free week is scheduled for August 14th through August 20th.State Comptroller Peter Franchot said Monday that qualifying articles of clothing or footwear priced $100 or less will be exempt from Maryland’s six-percent sales tax. Also, the first $40 of a backpack purchase…
Read MoreMd. Tax Filing Deadline is Coming Up This Friday
Marylanders have until this Friday, July 15th, to file and pay state individual income taxes for the tax year 2021.State Comptroller Peter Franchot extended the tax deadline by three months earlier this year, as well as the deadline for first- and second-quarter individual estimated tax payments until this Friday. “As the pandemic continues to take…
Read MoreMd. Gas Tax Targeted As State Revenues Surge
Maryland revenue projections for the current and upcoming fiscal years have been revised upward by $1.6-billion, prompting more calls to provide Marylanders with tax relief. The Maryland Board of Revenue Estimates (Comptroller Peter Franchot, Treasurer Dereck Davis and Budget Secretary David Brinkley) voted Thursday to increase revenue projections to $22.5-billion for Fiscal Year 2022, up…
Read MoreMd. Shoppers Of Energy-Efficient Appliances Get Sales Tax Break This Weekend
Attention, shoppers: “Shop Maryland Energy Weekend” is coming up. The state’s 6% sales tax will be lifted for appliances purchased between Saturday and Presidents Day that have the Energy Star Label. Maryland State Comptroller Peter Franchot said it’s an opportunity to replace outdated appliances with something that’s more modern and energy-efficient, as well as an…
Read MoreMd. Tax Filing Season Begins Mon.; State Deadline Extended Until July 15th
While the Maryland tax filing season is scheduled to begin Monday January 24th, for the third consecutive year the state filing deadline has been extended. Maryland State Comptroller Peter Franchot announced Wednesday that the filing and payment deadline for 2021 Maryland state individual income taxes has been extended by three months until July 15th. The…
Read MoreShop Md. Tax-Free Week Begins Aug. 8th
The annual Shop Maryland Tax-Free Week is back August 8th through 14th, an annual opportunity for Marylanders to save on back-to-school shopping. During that week, items of clothing or footwear priced at $100 or less are exempt from Maryland’s six-percent sales tax. There are also discounts on the purchase of backpacks. For a list of…
Read MoreThursday Is Tax Day In Md.
The three-month extension for filing State of Maryland income tax returns expires today (Thursday). The usual deadline was extended by Maryland Comptroller Peter Franchot in March to give Marylanders more time to deal with the economic impact of the COVID-19 pandemic and to adjust to changes in the middle of the tax filing season due…
Read MoreMd. Taxpayers Warned Of Attempted Scam
Marylanders are being warned about a fake collections agency that’s attempting to steal from taxpayers. According to Comptroller Peter Franchot, scammers are using publicly-available information about liens to notify people by letter that they are a collections agency operating on behalf of the Comptroller of Maryland. Franchot said the letter is not legitimate, and anyone…
Read MoreShop Local Campaign Revs Up In Md.
Shopping local does not mean compromising health and safety, according to Maryland Comptroller Peter Franchot. Franchot has launched the annual “Shop Maryland for the Holidays” campaign that encourages Marylanders to spend money in their local communities. Franchot told WGMD’s Mike Bradley that eight months into the pandemic, small businesses and restaurateurs know what they’re doing…
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