Lawmakers found themselves in an unusual position this year – having to decide what to do with a projected surplus of $1.2 billion.
taxes
Posted inNation & World, News
Judge won’t lift $10,000-a-day fine against Trump, who says he doesn’t have records
Trump’s lawyers have provided a New York judge with an affidavit in which the former president claims he didn’t turn over subpoenaed documents to the state attorney general’s office because he doesn’t have them.
advertisement
Posted inTimes Record
Bath officials project modest tax increases in proposed 2023 budget
Owners of a $200,000 home would see about a $12 tax increase under Bath’s proposed 2023 budget, which the city council will deliberate and amend over the next several weeks.
Posted inElection 2022, Op-eds, Opinion
Commentary: Republicans need to tell voters what their plans are
Mitch McConnell wants his party’s midterm candidates to avoid discussing specific policies – but his spat with Sen. Rick Scott shows that can backfire.
Posted inBusiness, Nation & World
Republican senator’s plan would require all Americans to pay federal income taxes
Democrats say Rick Scott’s comments reflect the GOP’s belief that much of the U.S. does not work hard enough.
Posted inBusiness
Please hold: Pricey way to jump IRS phone line at tax time
EnQ’s line-jumping service costs $300 a month or $1,000 a year and claims to cut hold times by up to 90 percent.
Posted inNation & World
Here’s how to get up to $3,600 per child in tax credit
Whether or not a family owes tax money or has filed taxes before, they will need to file a return to get all or the rest of their money.
Posted inTimes Record
Mid Coast United Way calls for volunteers, participants for tax break program
The United Way of Mid Coast Maine’s free CA$H Program works to ensure those eligible for tax credits, such as the Earned Income Tax Credit or the Childcare Tax Credit, apply for them.
Posted inBusiness, Nation & World, Politics
Tax season begins 2 weeks early due to virus, IRS funding cuts
April 18 is the deadline for filing tax returns or requesting an extension, which gives taxpayers until Oct. 17 to file their returns for 2021.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: All too often, business tax breaks don’t work for Mainers
Eliminating loopholes in incentive programs and closing the tax gap between what is owed and what is paid will provide resources to help families thrive.