As a business owner in Maryland, it is equally important that you remain compliant with all annual filings required to keep your entity active and in good standing. You know that entity compliance requirements vary by state, but in Maryland, business owners must file an Annual Report and a Personal Property Return (PPR) to the Department of Assessments and Taxation (SDAT). But how do you check when your business is supposed to file in 2025?
Following is a detailed approach so that you do not miss your business deadlines and incur unnecessary late fees or risk losing your entity status.
For the majority of businesses the generalized deadline is set as follows: April 15, 2025.
However, there are new businesses and those that have requested an extension that may not follow the standard.
Use the business name or Department ID number (D-number) to search.
You will find:
Importance: The record will indicate the last PPR submitted and accepted, and the PPR could affect the first-year filing obligations.
While in the entity record, check for “Filing History.” This displays the last date the Annual Report/PPR was accepted. If the last accepted filing was for 2024, the next due date will most likely be April 15, 2025.
You are required to file a PPR if your business possesses, rents, or utilizes personal properties within the boundaries of Maryland. You are required to file an Annual Report even if you hold no properties.
To verify if there is an expectation for you to submit the Annual Report alongside the PPR:
In the case that a filing extension was requested and granted, the deadline in your case could be as late as: June 15, 2025 (assuming a standard two-month extension).
This extension can be obtained by completing Form 4 and submitting it either via SDAT’s online filing portal or through traditional mail before the April 15 cutoff.
SDAT issues prompt reminder notifications at the beginning of the year. It is important to check that your principal office address, as well as the email on file, is current. They also include:
In the event that you did not get a reminder, do not take it for granted that you are not eligible to file. Please verify your entity record.
For expert assistance in tracking and filing your Maryland business deadlines, reach out to Watter CPA today.
