Kids are expensive, but tax credits and subsidies — new and old — can help ease the financial load.
tax break
Posted inBusiness, Maine, News
How to file your taxes or request an extension in Maine
Maine offers a range of refunds and tax credits. Taxes and requests for extensions are due Wednesday.
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Posted inMaine, News, Politics
Compromise with Mills would give tribes tax breaks instead of sovereignty
Debate on a proposal out of the governor’s office was placed on hold Thursday because tribal leaders were not present.
Posted inMaine, News
Proposals for new housing in Augusta get $14.3 million in tax breaks
One project will bring 260 housing units, another 144 units, and both will benefit from tax breaks meant to encourage housing development in Augusta.
Posted inMaine, News
Portland City Council considers expanding property tax relief program
Many residents have been complaining about their skyrocketing tax bills in the wake of the city’s recent revaluation finalized in August.
Posted inBusiness, Food, Maine, News
How will Trump’s tax breaks on tips affect Maine workers?
Experts weigh in on how this provision of President Trump’s ‘One Big Beautiful Bill’ will work.
Posted inMaine, News, Politics
Bipartisan tax break for retirees on the chopping block
A tax deduction on pension income won bipartisan support three years ago, but is now at the center of a partisan battle over tax increases in the proposed two year-budget.
Posted inBusiness, Nation & World, News, Politics
Republicans pitch tax cuts for corporations, the wealthy in 2025
Corporate tax breaks under consideration could expand the national debt by roughly $1 trillion over the next decade, according to researchers.
Posted inBusiness, Maine
Pollute less, profit more: How Maine industry is rewarded for cutting down emissions and wastewater
A state tax exemption benefits industrial companies for cutting down on pollution but also draws millions of dollars away from small-town tax revenue, and never expires.
Posted inBusiness, Maine, News, Uncategorized
Ready to rev an electric vehicle? Maine buyers are running into roadblocks
It’s not just how hard it is to find an EV amid pent-up demand; there’s also tight financing and a web of complex tax credits.