To help reduce the tax burden for full-time Garrett County residents, the Board of Garrett County Commissioners proposes lowering the Homestead Property Tax Credit cap from 5 percent to 3…
Hogan Administration proposes to permanently shift 90 percent of property assessment costs onto county governments. Governor Hogan's Budget Reconciliation and Financing Act of 2021 (BRFA) revives an attempt (unsuccessful in…
The Maryland Department of Assessments and Taxation (SDAT) today announced its 2021 reassessment of 759,422 residential and commercial properties. The overall statewide increase for “Group 3” properties was 8.1%, the…
The property tax is the largest source of local revenue for Maryland's county governments. Counties rely on this revenue to fund schools, public safety, infrastructure, public health, and other essential services.…
A new law raising the exemption for personal property assessment for all Maryland businesses from $2,500 to $20,000 took effect on June 1 and is effective for tax years starting…
The Maryland Department of Assessments and Taxation (SDAT) today announced that applications for the 2022 Homeowners’ and Renters’ Tax Credit programs are available online. The Homeowners’ Property Tax Credit Program provides…
The Maryland Department of Assessments and Taxation (SDAT) today announced its 2022 reassessment of 704,430 residential and commercial properties. The overall statewide increase for “Group 1” properties is 12 percent,…
The Maryland Department of Assessments and Taxation (SDAT) is urging Marylanders to consider whether they may be eligible to receive a homeowners’ or renters’ property tax credit by accessing its…
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