New Rules Require Rental Property Owners to Issue 1099s
January 31, 2011 by dspahr · Leave a Comment
The recently enacted Small Business Jobs Act, P.L. 111-240, contained one provision that may have escaped the notice of taxpayers who own rental property, but will affect them starting in January. Under the provision, owners of property who receive rental income will be required to issue Forms 1099 to service providers for payments of $600 [...]
Tax Assessment Time
January 8, 2010 by dspahr · Leave a Comment
Property Tax Assessment Time The New Year is now upon us and some of you have begun to receive your Property Assessment Notice from the State of Maryland Department of Assessments and Taxation (SDAT) and may be trying to figure out what it all means. Every homeowner pays yearly State, County, and sometimes Municipal taxes [...]
