Not all PPP recipients are struggling small companies that need extra help from the state.
taxes
Jim Fossel: Maine Republicans should not budge on PPP tax break
There’s no reason to make small businesses pay any taxes on money they received from the federal government.
Mills says she’ll seek ways to avoid state tax on businesses’ relief loans
The governor says she’s having departments look for federal funds that would let the state balance its budget without taxing businesses for Paycheck Protection Program money they received.
Maine Voices: Will Maine’s senators let my mom vote?
Mainers can help bring democracy to our nation’s capital at long last. We must encourage Sens. King and Collins to sign on as co-sponsors of the D.C. statehood bill.
Working remotely? Don’t plan on deducting added expenses
The best strategy for those working from home is to try to recoup added expenses from your employer, says one local tax expert.
Commentary: Undocumented immigrants deserve COVID relief, too
The third stimulus must provide these children with aid by including their taxpaying parents, regardless of their legal status.
Commentary: Democrats’ new agenda is to aid the affluent
Republicans can thank their opponents for giving them a new appeal to the working class.
With Biden in the White House, Maine could see major changes
The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.
Sen. Hamper: The formula for rebuilding Maine’s economy is bipartisan
A Democratic governor realized that cutting taxes, controlling spending and growing jobs was a winning plan, but it took a Republican governor and Legislature to carry it out.
Trump’s political future could affect his company, which owes more than $400 million
In the next four years, Trump faces payment deadlines for more than $400 million in loans.