News
We did it! County Council Agrees to No New Taxes for FY2026
Because of our collective efforts, we have secured a major win for Montgomery County’s business community and taxpayers: the County Council will move forward with the FY2026 Operating Budget without any tax increases. This outcome is the direct result of vigorous advocacy by the Chambers and the broader business community, who pushed back against proposed hikes to property and income taxes. Our collective efforts made a real impact. Thank you! The breakthrough came when a majority of the Council
A Message from the Office of the Comptroller: Upcoming Changes to Maryland Taxes
Dear Valued Stakeholders and Industry Leaders, During the 2025 legislative session, the Maryland General Assembly passed the Budget Reconciliation and Financing Act (BRFA), which made several changes to Maryland’s tax laws beginning in the 2025 tax year and beyond. I wanted you to hear directly that we at the Office of the Comptroller are here to help you navigate what’s ahead. While implementing legislative changes is a routine responsibility for our agency, we’re taking extra steps to ensure this
A Financial Guide for Small Business Owners
As a small business owner, you have the exciting opportunity to provide a service or product that people need. That being said, managing the finances that come with running a business can be daunting, especially if this is your first venture into the world of entrepreneurship. To help you get started on the right foot, here are some tips and tricks to manage your finances as a small business owner. Settle on a Budget and Update Regularly The most important thing any small business owner
