Set up separate personal and business banking accounts For more information, see my full disclaimer here. This post contains affiliate links, which means I receive a small commission if you make a purchase using this link. These seven easy tips will help you manage your small business finances and stay organized. Manage small business finances? That’s an easy one to put off for another day. However, those transactions must be reported a subsequent report.įor more information on this subject, please see Chapter 10 of the Summary Guide.As a small business owner, there is always something that needs to be done. This year, campaign finance reports will be filed according to this Reporting Schedule.Ī committee can file an Affidavit in lieu of a campaign finance report if the committee raises and spends less than $1000 during a reporting period. Example Reporting Schedule ReportsĤth Tuesday Preceding the Primary Electionģrd Tuesday following the General Election When there is a general election, the committee must file a pre-general report and a post general report. Accordingly whenever there is a primary election, a campaign committee must file two pre-primary reports. Reports are filed in conjunction with an election. If the money owed was from a loan, the amount of interest charged and paid must also be reported along with the terms of the loan. The name and address of each person to whom the committee owes money.In addition, each expenditure must be classified by a purpose such as salaries, rent, field expenses, post or printing. The name and address of each individual who receives money from the campaign committee and the amount of money received.In addition, contributors must be classified as either an individual, business entity, federal committee, political club, candidate account, central committee or PAC. The name and address of each contributor, the amount contributed, and the aggregate amount of all contributions by that contributor.Specifically the information must include: What is a campaign committee?Ĭampaign committees must report all money received, all money spent, and all unpaid loans and debt. Report data electronically filed will be posted on the MD CRIS website. The amount of a returned contribution is deducted from the contributor's aggregate contribution total. Returned: Indicates that the contribution was returned to the contributor.Only for central committees and legislative party caucus committees. An administrative contribution does not count towards the contributor's contribution limits. Administrative: Indicates that the contribution was given to the recipient to cover the cost of administrative expenses.Important notations: Some contributors may have one of the following notations after their name: In other words, if a campaign committee reports information inaccurately, those inaccuracies will be a part of this database. However, SBE makes no warranty as to the accuracy or correctness of the information reported. Search the database to find information about contributions to candidates and campaigns in Maryland, and expenditures made by candidates and campaigns.ĭisclaimer: The State Board of Elections ( SBE) guarantees that the information on this website reflects exactly what has been filed by the campaign committee treasurers. (MDCRIS provide by the State Board of Elections)
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