‘This Is the Time’ to Buy Electric Vehicle Before Tax Credit Ends
County officials are urging residents who want to buy or lease an electric vehicle to do it in September so they can take advantage of a federal tax credit before… Read More
tax credit
Expanded Tax Breaks for Child Care Providers Approved by Council
Montgomery County Councilmembers approved legislation Tuesday to increase the tax credit for improvements made to properties at childcare or daycare services. The legislation increases the permitted amount of the tax… Read More
Deadline Approaching for Property Owners to Apply for $692 Tax Credit
Montgomery County’s Income Tax Offset Credit (ITOC) program grants County residents who live in the property they own a $692 credit. Councilmember Natali Fani-González urges residents to apply before the… Read More
Homeowners Must Apply to Get $692 County Income Tax Offset Credit
Homeowners in Montgomery County must apply by May 1 to get the county’s Income Tax Offset Credit (ITOC) they may have automatically received in previous years. The state now requires… Read More
Council Proposes Updated Property Tax Credit Eligibility For Elderly and Retired Military
A council bill would expand property tax credit eligibility for Montgomery County residents who are elderly and retired military. The legislation would increase the maximum assessed home value for an… Read More
New Bill Would Establish Property Tax Credit for First Responders
County Council President Tom Hucker and Council Vice President Gabe Albornoz introduced a bill Tuesday that would create a property tax credit for full-time first responders in Montgomery County. Eligible… Read More
Council Mulls Tax Credit for Senior Citizens Who Volunteer
The Montgomery County Council expressed its support Monday for state legislation that would allow the council to provide a tax credit to senior citizens who volunteer at schools and nonprofits.… Read More