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Homestead Tax Credit Form

Homestead Tax Credit Form

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Instructions and help about maryland homestead tax credit application

so tax season is coming up very quickly and this morning we want to make sure all business owners know about the new filing regulations that are in effect right now for more on what you need to do and how much you could owe if you don't comply is the founder and CEO of fil smart. tax Jeff night good morning good morning okay so explain why business owners are now being required to file this new form and what exactly is this form so as of January 1st of this year there was the corporate transparency Act which came into effect and this requires the provision of bore another government acronym it stands for beneficial owner information report and it's a new requirement that most all business owners have to comply with essentially they have to reveal who the actual owners of the businesses are So Gone are the days of creating entities where that's not known and it's a brand new requirement that never existed before and is still unfamiliar to many business ow

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