taxes Archives - Centralmaine.com

Potential tax on Paycheck Protection Program loans leaves businesses nervous

by Greg Levinsky January 27, 2021January 27, 2021

Under Gov. Janet Mills’s budget proposal, Maine businesses would have to pay state income taxes on the forgivable federal loans.

Business, Local & State, News, Politics

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

by Edward D. Murphy January 27, 2021January 28, 2021

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.

Business, Local & State

Working remotely? Don’t plan on deducting added expenses

by Glenn Jordan January 18, 2021January 18, 2021

The best strategy for those working from home is to try to recoup added expenses from your employer, says one local tax expert.

Op-Eds, Opinion

Commentary: Democrats’ new agenda is to aid the affluent

by Ramesh Ponnuru December 4, 2020December 4, 2020

Republicans can thank their opponents for giving them a new appeal to the working class.

Business, Local & State, News, Uncategorized

With Biden in the White House, Maine could see major changes

by Kevin Miller and Edward D. Murphy November 29, 2020November 28, 2020

The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.

Op-Eds, Opinion

Sen. Hamper: The formula for rebuilding Maine’s economy is bipartisan

by James Hamper November 28, 2020November 30, 2020

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.