Applications for the program that reduces taxes on primary residences are due April 1.
tax break
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.
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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
Kmart site developers, citing costs and financing problems, seek bigger tax break
Their proposal under a tax increment financing deal, would more than double the tax revenues that would be returned to the developer to make the project more attractive to secure funds to build it.
Posted inBusiness, Food & Dining, 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, Kennebec Journal, Maine, News
Augusta councilors approve $2.6 million tax break for proposed downtown riverfront boutique hotel
The plan calls for developing the castle-like Olde Federal Building in downtown Augusta into a destination hotel with a spa, café and rooftop bar.
Posted inBusiness, Kennebec Journal, Maine, News
Tax break sought to turn historic ‘castle of Augusta’ into boutique hotel
Developers hope to make Olde Federal Building a destination to draw people downtown.