Analysts say many payroll departments withheld too little income tax last year, requiring workers to make up the shortfall.
taxes
Posted inBusiness, Local & State, Nation & World, News
Angus King targets IRS for auditing poor Mainers more than most Americans
Piscataquis and Washington counties have more than their fair share of tax audits.
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Posted inBusiness, News
Proposal to increase Maine gas tax in summer going nowhere fast
Lawmakers will consider other measures to address the chronic underfunding of Maine’s highway system.
Posted inOp-Eds, Opinion
Commentary: Lowering Maine’s estate tax exemption would further shift tax burden to middle class
Proposals to broaden the state levy would slash investment in our workforce and economy.
Posted inBusiness, Local & State, Politics
Mayors ask lawmakers to let cities and towns raise revenue with local sales taxes
Bills considered Wednesday would allow municipalities to increase the sales tax within their borders. Opponents say the new taxes would hurt businesses.
Posted inOp-Eds, Opinion
Commentary: Gov. Mills’ budget raises concerns about unsustainable taxes and spending
There’s little room in the $8 billion-plus proposal to accommodate the unexpected.
Posted inBusiness, Local & State, News, Politics
Seasonal gas tax targeting tourists in Maine may be a tough sell
A Gorham lawmaker’s bill would increase the tax 23% between June and November, but tourism officials warn it might keep visitors away.
Posted inLocal & State, News, Politics
LePage-era rule to help seniors avoid property tax foreclosure to stay … for now
State lawmakers shelve bipartisan efforts to revisit the law governing how cities and towns recoup back taxes from the elderly.
Posted inLocal & State
Taxation committee postpones action on China’s opt-out tax bill
Legislators will seek the opinion of the attorney general on the constitutionality of a bill that would allow municipalities to choose whether to tax business equipment and personal property.
Posted inLocal & State, Politics, Schools and Education
Lawmakers say state should take back full cost of teacher retirement to ease burden on school districts
Rep. Michael Brennan, D-Portland, says reversing the budgeting change by former Gov. Paul LePage would provide ‘one of the most direct forms of property tax relief.’