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Small Business Center

Tax Credits for Maryland Small Businesses That Hire Disadvantaged Residents

March 30, 2022

The Maryland General Assembly and Gov. Larry Hogan agreed on a package of tax cuts and credits that will help small businesses that hire disadvantaged state residents who often have trouble finding jobs. The five-year, bipartisan deal would give state money to childcare providers and create a state program that mirrors the federal Work Opportunity Tax Credit. The state would issue $195 million in tax credits to businesses that hire those challenged to find work, including the disabled, military veterans, long-term unemployed people, people involved with the criminal justice system and residents of low-income neighborhoods.

Read more in The Baltimore Sun.

Small Business Center

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