Happy Tuesday, everyone! For those of you local to Maryland, it was another wet weekend. The heavy rainfall brought with it flooding (once again) for low-lying areas. Ellicott City and other parts of Baltimore were once again affected by flooding. Lower-lying areas (especially Ellicott City) are still recovering from the devastating flooding that took place last weekend when torrential rain pummeled the area. In light of all the flooding, the Maryland Department of Assessments and Taxation (SDAT) announced early last week that affected individuals and businesses could potentially have their property assessments reduced. If you missed our blog last week, click here to check out the details.

Later on Friday afternoon, the Maryland State Department of Assessments and Taxation (SDAT) announced another measure of relief for Ellicott City flooding victims – Annual Reports and Personal Property Tax Returns for Ellicott City businesses are now due on September 30 instead of June 15. For Ellicott City businesses which are already in “good standing”, this extension will be automatic and will allow businesses to continue to operate after the devastating flooding over the past couple of weeks. The Department will also consider waiving penalties and fees for late filings from other areas which were affected by flooding as well.

For more information, visit the Maryland Department of Assessments and Taxation website.

If you have questions regarding your personal or business taxes, give our office a call today and schedule your FREE consultation.

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Information from news@info.maryland.gov