Comptroller Peter Franchot

August 9, 2018 | Staff Writer

Tax-Free Week Starts Sunday

Maryland college students can also win $2,500 scholarship During Tax-Free Week, any single qualifying article of clothing or footwear priced $100 or less — regardless of how many items are purchased at the same time — will be exempt from the state’s 6 percent sales tax. The first $40 of any backpack or bookbag purchase […]

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June 11, 2018 | Douglas Tallman

Franchot Endorses Blair for County Executive

Comptroller Peter Franchot endorsed David Blair of Potomac on Monday, choosing the former health care executive as his pick to succeed Ike Leggett as Montgomery County executive. Proud to endorse @DavidTBlair for Montgomery County Executive. David has the vision and the experience of a leader that our county deserves, and I respectfully urge you to […]

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March 8, 2018 | Douglas Tallman

Franchot Has Two Words for Lawmakers on Revenue Windfall: ‘Bank It’

Comptroller Peter Franchot discussed beer, Amazon and what the effect on Maryland will be from federal tax reform that Congress passed in December when he stopped by Montgomery Community Media’s studios Thursday. Appearing at the Small Business Network and interviewed by host Kelly Taylor Leonard, Franchot said his office put 2.5 million Maryland 2014 tax returns […]

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March 7, 2018 | Douglas Tallman

Maryland Coffers to Receive Less This Year, But Guess What Happens Next Year

Maryland is likely to receive $39.4 million less this year than it expected and revenue for $433.6 million more for fiscal 2019, according to a statement by Comptroller Peter Franchot. The 2019 revision is largely the result of federal tax reform that is expected to produce a large uptick in state revenues. However, the projected […]

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March 2, 2018 | Staff Writer

Returns from Gaithersburg Tax Preparer Blocked

A Gaithersburg tax preparer has been flagged as one of 20 that have a high volume of questionable tax returns,Comptroller Peter Franchot said Friday. Chris & Nas Tax Services on Montgomery Village Avenue was sent a written notice of the action after they were identified by the fraud unit that operates in the Comptroller’s Office, […]

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January 26, 2018 | Mitti Hicks

What Does Federal Tax Reform Mean for Marylanders?

So what exactly does the GOP’s Tax Cuts and Jobs Act of 2017 mean for Marylanders? “It’s complicated,” according to Maryland Comptroller Peter Franchot. “This tax law is the biggest change to the nation’s economy in my lifetime,” he said. “We know it’s a significant tax cut for most Maryland taxpayers.” Franchot said the new […]

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January 22, 2018 | Douglas Tallman

MoCo Votes Blog: Part Two

The 2018 Gubernatorial Primary Election is set for June 26, 2018, and it’s sure to be a historic election for Montgomery County. When voters go to the polls, they will will elect a governor, a state legislature, a county executive, a County Council, members of the school board and the House of Representatives, and much […]

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November 27, 2017 | Staff Writer

Maryland Meadworks to Open Meadery in Hyattsville After Successful Kickstarter Campaign

After a successful Kickstarter campaign raised more than $12,000, Maryland Meadworks will open a meadery in Hyattsville. By raising $12,820 the company exceeded their original goal of crowdfunding $10,000 through Kickstarter. Maryland Meadworks plans to open their meadery sometime in early 2018. Ken Carter, Maryland Meadworks’ owner, says that mead — “the oldest alcoholic beverage […]

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November 20, 2017 | Douglas Tallman

Franchot Unveils Beer Reform Legislation at Silver Spring Taproom (VIDEO)

Maryland’s craft breweries would have no limits on beer production or taproom sales, and other restrictions would be eliminated under legislation that Comptroller Peter Franchot has proposed. Franchot held a news conference Monday in Silver Spring to highlight his proposals, which follow months of meetings of the comptroller’s “Reform on Tap,” a 40-member task force […]

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November 8, 2017 | Douglas Tallman

New Report Aims to Increase Number of Craft Beer Breweries in MD

Comptroller Peter Franchot released a report Wednesday that came after six months of studying the Maryland craft beer industry looking for ways the state can help foster new breweries. The report, “Maryland Craft Beer: A World Without Limits,” comes out as Franchot prepares legislation for the 2018 General Assembly. “This is the only industry where […]

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