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Tax Credits

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    May 29, 2012 |Story| Baltimore Sun
  1. Our 2 cents: Mayor's tax plan is a good start

    MayorStephanie Rawlings-Blakehas taken a bold step forward to alleviate Baltimore City's painfully high residential property tax rate. In the face of very difficult economic and budgetary conditions, she has introduced the Targeted Homeowners' Tax Credit ordinance. It is designed to reduce the effective property tax rate for homeowners in the city by approximately 2 cents per $100 of assessed value in fiscal 2013, increasing annually to 20 cents by fiscal 2020.
    MayorStephanie Rawlings-Blakehas taken a bold step forward to alleviate Baltimore City's painfully high residential property tax rate. In the face of very difficult economic and budgetary conditions, she has introduced the Targeted Homeowners' Tax...

    Tags: Taxation, Baltimore County, Realty, Business, Finance

  2. May 21, 2012 |Story| Baltimore Sun
  3. Baltimore homeowner almost ends up in tax sale after city loses check

    Kristina Suson's home wasn't part of the city's tax sale Monday, but it was a close call. Baltimore places liens on properties for unpaid property taxes, water bills and other municipal debts, then puts the liens up for auction every spring —...

    Tags: Mary Pat Clarke, Taxation, Finance, FedEx Corporation, Financial and Business Services

  4. May 14, 2012 |Story| Baltimore Sun
  5. Democratic tax plan faces challenge from within

    A carefully choreographed strategy to raise state income taxes to stave off so-called doomsday budget cuts faces a challenge in the General Assembly after several Democrats defied party leaders with a proposal to raise the sales tax instead.
    A carefully choreographed strategy to raise state income taxes to stave off so-called doomsday budget cuts faces a challenge in the General Assembly after several Democrats defied party leaders with a proposal to raise the sales tax instead. The...

    Tags: Taxation, Regional Authority, Executive Branch, Budgets and Budgeting, Annapolis

  6. May 1, 2012 |Story| Patuxent Homestead
  7. Struggling swim clubs still seeking county aid to stay afloat

    Dwindling membership coupled with increasing operating costs and a high property tax bill have put Hammond Park Pool in a precarious financial situation.
    Dwindling membership coupled with increasing operating costs and a high property tax bill have put Hammond Park Pool in a precarious financial situation. "They all add up," pool President Doug Dudek said. A year after Hammond Park, along with the five...

    Tags: Taxation, Property Tax, Budgets and Budgeting, Finance, Ellicott City

  8. May 2, 2012 |Story| Baltimore Sun
  9. City: Removal of unwarranted tax breaks means $4M extra due

    Baltimore's Department of Finance said Wednesday that its year-old "billing integrity" effort to ferret out unwarranted tax breaks has turned up just over $4 million in extra property taxes due the city. Nearly $2.2 million of the breaks the agency...

    Tags: Taxation, Rentals

  10. Apr 30, 2012 |Story| Baltimore Sun
  11. Jenna Bush Hager, husband still get homestead tax credit after moving away

    It's been about a year and a half since former first daughter Jenna Bush Hager and her husband, Henry, reportedly left their South Baltimore rowhouse for new digs in Manhattan. But Henry Hager still owns the Baltimore place — and the couple still enjoys a property tax break that's supposed to be available only to owner-occupants.
    It's been about a year and a half since former first daughter Jenna Bush Hager and her husband, Henry, reportedly left their South Baltimore rowhouse for new digs in Manhattan. But Henry Hager still owns the Baltimore place — and the couple still...

    Tags: Manhattan (New York City), Taxation, Condos and Houses, Jenna Bush Hager, Rentals

  12. May 2, 2012 |Story| Baltimore Sun
  13. Hagers eligible for homestead credit on S. Baltimore rowhouse, state says

    Henry Hager, the husband of former first daughter Jenna Bush Hager, is entitled to a $296 property tax discount on his South Baltimore rowhouse for the current tax year, the state Department of Assessments and Taxation says.
    Henry Hager, the husband of former first daughter Jenna Bush Hager, is entitled to a $296 property tax discount on his South Baltimore rowhouse for the current tax year, the state Department of Assessments and Taxation says. An article Tuesday in The...

    Tags: Taxation, Condos and Houses, Jenna Bush Hager, Rentals

  14. May 3, 2012 |Story| Baltimore Sun
  15. Health reform has been critical for Maryland

    With the Supreme Court reviewing the Affordable Care Act (ACA), there is no shortage of legal analysis to handicap the decision. But unfortunately, not enough attention has been paid to the real value this law provides to millions of American families and businesses.
    With the Supreme Court reviewing the Affordable Care Act (ACA), there is no shortage of legal analysis to handicap the decision. But unfortunately, not enough attention has been paid to the real value this law provides to millions of American families and...

    Tags: Kidney Disease, Conservation, Hospitals and Clinics, Regional Authority, Executive Branch

  16. Apr 20, 2012 |Story| Baltimore Sun
  17. 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...

    Tags: Taxation, Property Tax, Credit and Debt, Patterson Park

  18. Mar 21, 2012 |Story| Baltimore Sun
  19. Mayor wants to expand property-tax effort

    The number of city workers charged with rooting out property tax fraud and errors would triple — from one employee to three — under Mayor Stephanie Rawlings-Blake's budget proposal for next fiscal year. The "billing integrity" program,...

    Tags: Taxation, Finance, Fraud, Condos and Houses, Corporate Crime

  20. Mar 6, 2012 |Story| Baltimore Sun
  21. Rawlings-Blake backs proposed fine for tax credit scofflaws

    As someone who's made a hobby of unmasking tax cheats, Patterson Park activist Matt Gonter told state lawmakers Tuesday that he backs a proposal to fine homeowners caught getting unwarranted homestead credits on their property tax bills. Under the...

    Tags: Taxation, Banking, Real Estate Sellers, Punishment, Samuel I Rosenberg

  22. Mar 8, 2012 |Story| Patuxent Homestead
  23. Tax credit wouldn't include Joppa homes near sand and gravel pit, Impallaria says

    A bill that would provide three Joppa homes with property tax credits does not include residences affected by a nearby sand and gravel pit, Del. Rick Impallaria said recently. Impallaria said he and the other members of the Harford County delegation to...

    Tags: Taxation, Harford County, Credit and Debt, Maryland General Assembly

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Tax Credits Photos
Performance Trust Investment Advisors, LLC (PTIA), an a...
(July 29, 2011)
John Wilhelm, Portfolio Manager, Performance Trust Investment Advisors, LLC.