Businesses in Maryland may be able to take advantage of several tax credits. At the bottom of the page are links to the details of each tax credit.You may be eligible to claim some valuable personal income tax credits available on your Maryland tax return. The Annual Report is a required filing for all business entities, regardless of whether the business owns. Seller is authorized to conduct business in the State of Maryland. An experienced Maryland business transactions attorney can draft a Purchase and Sale Agreement that is tailored to the individual transaction.