Montgomery Community Media

The Montgomery County Council voted unanimously on Tuesday to expand the property tax credit for surviving spouses of retired military service members. To be eligible for the credit, a person needs to be a surviving spouse of a retired member of the uniformed services, who’s at least 65 years old and hasn’t remarried. Eligible people […]

As a small employer, you may be eligible for a tax credit that lets you keep more of your hard-earned money. It’s called the small business health care tax credit, and it benefits employers that: offer coverage through the small business health options program, also known as the SHOP Marketplace have fewer than 25 full-time […]

The Montgomery County Council approved a bill that would create a new property tax credit for senior residents and retired veterans. Bill 42-16, sponsored by Councilmember Nancy Floreen, will allow qualifying residents to receive a 20-percent credit for the property tax imposed on their homes, according to a news release. Residents who are at least […]

Peerless Rockville recently sponsored a workshop to help residents understand tax credits for historic property preservation. Find out more in this report: Visit our PEG partner Rockville11 to view more of its programming.

The Montgomery County Council, on Oct.29, unanimously approved Expedited Bill 8-13. The bill would increase the County’s Working Families Income Supplement for low-income households to 90 percent of the Maryland refundable credit beginning in Fiscal Year 2015 95 percent in FY16 100 percent in FY17 and beyond. The chief sponsor was Councilmember Hans Riemer. Councilmembers […]