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The Internal Revenue Service has a checklist of tax-related actions you typically need to take when closing a business. Remember to keep records of all dissolution paperwork, including a filed ...
The end of the calendar year is the time to tie loose ends, evaluate business strategy, and do housekeeping. NEXT shares a small business checklist to help navigate tax preparation, bookkeeping ...
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Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.
Maryland holds the following rankings in federal government expenditures when compared with other states: Second in per capita procurement of goods and services ($4,544 per Maryland resident) and fourth in total procurement of goods and services ($25.6 billion); second in per capita total expenditures, which includes procurement, salaries ...
Lockheed Martin plans to close its 465-employee Middle River, Md., plant within two years and relocate the work to other company locations, ending more than 90 years of manufacturing at the site.
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A "New and Expanding Businesses in Maryland 2010" report released by the Department on March 3, 2011 showed 364 projects in the state were announced in 2010, a 25 percent increase from 2009. The report also stated that Maryland businesses planned to make more than $4 billion in capital investment and add more than 15,000 jobs. [18]