ANNAPOLIS — The state of Maryland has processed more than one million tax returns so far this tax season. The office of Maryland Comptroller Peter Franchot said in a statement Monday that the one millionth return was submitted by a tax filer in Calvert County. The office says that last year it processed 3.2 million […]
Taxpayers who asked the IRS for a six-month extension to file their 2015 income taxes have until Monday, Oct. 17 to file their taxes. The deadline is Oct. 17 because Oct. 15 falls on a Saturday. The IRS recommends using its Free File program at https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
Both candidates for president have promised to scale back the federal tax code’s vast number of “loopholes.” On his website, Donald Trump promises to “eliminate special interest loopholes, make our business tax rate more competitive to keep jobs in America, create new opportunities and revitalize our economy.” On her site, Hillary Clinton promises to “close [&he[...]
The Maryland Senate will consider more than a half-dozen proposals stemming from the last year of work by the Maryland Commission on Economic Development and Business Climate.
The Court of Appeals has ordered the suspension of a Prince George’s County lawyer who failed to pay at least $70,000 in federal income taxes.
O'Malley's soon-to-be-released spending plan, which is expected to come in around $39 billion for the next fiscal 2015, would be about $2 billion more than the budget approved for the current year.
Lt. Gov. Anthony Brown used the occasion of Veterans Day to announce a five-point “Compact with Veterans” that would include the phase-in of a 100 percent exemption from state income taxes on military retirement income.
WASHINGTON — The U.S. federal budget deficit increased by $191 billion in August and has topped $1 trillion for the fourth straight year. The deficit for the first 11 months of the 2012 budget year totaled $1.16 trillion, the Treasury Department said Thursday. That’s 6 percent less than the $1.23 trillion in the corresponding period […]
The House of Delegates gave preliminary approval Tuesday evening to a package that would fund the state’s 2013 budget, setting up a final vote this morning. Owners of pit bulls are also unlikely to get their way during this special session of the General Assembly. Here’s a few other headlines around the web: The Washington […]
Lots of news in Baltimore yesterday. The city selected a new group to run the troubled Grand Prix street race on Labor Day weekend, and also unveiled the biggest changes to take place at the Inner Harbor’s Light Street Pavilion since it opened three decades ago. Here’s a few other headlines around the web: WJLA […]
ANNAPOLIS — Gov. Martin O’Malley is scheduled to have breakfast with the General Assembly’s presiding officers to talk about holding a special session. O’Malley is set to meet at the governor’s residence with House Speaker Michael Busch and Senate President Thomas V. Mike Miller on Tuesday morning. The Maryland General Assembly ended up adjourning from […]
ANNAPOLIS — A proposal to raise Maryland income taxes may be distasteful to many, but there does not appear to be much appetite to balance the budget long-term through spending reductions alone, a state senator who chairs a key budget committee said Monday. Sen. Edward Kasemeyer, D-Baltimore County, testified before the House Ways and Means […]