FAQs
Q - What is the cost of your service?
A - Nothing, our services are no cost to you.
Q - How did you get my company information?
A - We have staff members that search the Internet and print material to identify Prince George’s County companies.
Q - What types of tax credits are available?
A - Job Creation Tax Credit
Maryland’s Job Creation Tax Credit program provides tax credits up to $1,500 for each new, full-time job. The purpose of these tax incentives is to encourage businesses to expand or relocate in Maryland. The incentives, which are credits against taxes, are more valuable than deductions because credits are subtracted directly from income tax liability.
Enterprise Zone Tax Credit
An Enterprise Zone is an area of a county, city or town in which state and local incentives and assistance are offered to encourage the expansion of existing businesses and the attraction of new business activity and jobs. The County’s Enterprise Zone Program is administered by the Prince George’s County Economic Development Corporation.
Q - What is a HUB Zone?
A - Historically Underutililized Business Zones (HUB Zones) are located in census tracts that have been designated as "Statutory Mandated Designation of Qualified Census Tracts and Difficult Development Areas" for Section 42 of the Internal Revenue Code of 1996. A non-metropolitan County area is also considered a HUB Zone if the median household income of the County is less than 80 percent of the non-metropolitan State median household income, or has an unemployment rate that is more than 1.4 times the statewide average.