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Tag Archives: Taxes

Md. high court hears free-speech challenge to Baltimore’s billboard tax

The high court’s decision was a defeat for Clear Channel Outdoor Inc.’s constitutional challenge to the billboard tax.
(The Daily Record/Maximilian Franz)

Baltimore’s tax on commercial billboard operators unconstitutionally infringes on their right to free speech in the advertisements and messages they post, an attorney for the city’s leading billboard owner told a skeptical Maryland high court Friday. Billboards are “a venerable ...

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Republican tax plan targets popular Maryland deductions

President Donald Trump kisses a printed example of what a new tax form may look like during a meeting on tax policy with Republican lawmakers in the Cabinet Room of the White House, Thursday, Nov. 2, 2017, in Washington, as House Speaker Paul Ryan of Wis., and chairman of the House Ways and Means Committee Rep. Kevin Brady, R-Texas, watch. (AP Photo/Evan Vucci)

Marylanders could find it more difficult to save money through popular tax deductions and credits under the tax cut bill unveiled Thursday by the Republicans in the U.S. House of Representatives. The elimination of the deduction for state taxes and property ...

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Tax season means headaches for small businesses

When Christina Divigard, managing director at Valvespring, started the advertising agency, she bought accounting software and began keeping the company’s books herself. When tax season arrived, she discovered that out of inexperience she’d incorrectly entered some information and misclassified some types of deductions. It took two weeks to get her books in order. Divigard subsequently hired a bookkeeper and set up a system that has reduced the chance of errors. (AP Photo/Mary Altaffer

  With the start of tax season, stress levels are rising at many small businesses. Even owners who are organized, keep good books and stay in touch with their accountants can find compiling returns to be a painful process. One ...

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Md. high court affirms PSC’s $48M fee on Dominion’s Cove Point project

Cove Point LNG 
Terminal in Lusby, Md. (File)

The Maryland Public Service Commission was within its regulatory authority when it required a gas company to pay $48 million as a condition for approval of a planned 130-megawattt electric generating station in Calvert County, the state’s top court ruled unanimously Friday.

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