The standard deduction has roughly doubled, and those with dependent children and those who itemize deductions will see differences.
taxes
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Posted inOp-eds, Opinion
Commentary: Tough year ahead for nonprofits without business, legislative help
The tax reforms of 2017 mean potential losses in the billions for the organizations that help build the communities we want and address residents’ critical needs.
Posted inBusiness, Maine, Politics
House speaker proposes new tax to fund paid leave for Maine workers
Democrat Sara Gideon’s bill would go beyond a federal law requiring most employers to give unpaid leave, and she says that would help Maine build ‘a strong, vibrant workforce.’
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Maximizing town, school technology could lower property taxes
More municipal and educational services can be provided digitally if we shed our resistance to change.
Posted inBusiness, Nation & World, Schools and Education
Disruptions at IRS put some college students’ financial aid in jeopardy
The poorest borrowers seem to be hit the hardest, and aid officials suspect that delays are linked to the government shutdown.
Posted inBusiness, Maine, Politics
Government shutdown a stinging blow to Maine’s craft breweries
The federal bureau that approves company expansions and beer labels for out-of-state sales has been closed since Dec. 22, preventing breweries from introducing new releases outside Maine.
Posted inBusiness, Maine, Politics
Partial government shutdown leaves some small businesses in tax limbo
Ambiguities in the revised federal code mean self-employed Mainers in the real estate and insurance industries may have to file for an extension or submit best-guess numbers.
Posted inBusiness, Maine
Maine investor tax credit likely maxed out on first day
Applications received Wednesday for the Maine Seed Capital Tax Credit would exceed the $5 million annual cap if all were approved.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Start building a Maine future as America’s top remote workspace
The state should use its quality of life and other advantages over large, crowded cities to attract and retain the growing number of people who can work from home.