The State Department of Assessments and Taxation (SDAT) posted a release regarding changes to the annual business filing process. The current Form 1 will be separated into an Annual Report and a Personal Property Tax Return. A majority of Maryland entities do not have personal property and will not be required to file the Personal Property Tax Return section. Also, Forms 4A, 4B and 4C that pertained only to entities with personal property will be eliminated. More information on these changes and examples of the 2018 forms to be filed by April 16.
April 6, 2018