Who qualifies for Maine’s $850 rebate reflects the Republican belief that if the government is fully funded, any excess revenues should be returned to those who contributed it.
taxes
Posted inLocal & State, Politics
Taxpayer relief, tribal relations, child protection and free tuition: What mattered in the 2022 session
Lawmakers found themselves in an unusual position this year – having to decide what to do with a projected surplus of $1.2 billion.
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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.
Posted inOp-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
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 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.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: SALT deduction helps the wealthy but does almost nothing for working Mainers
If an expanded state and local deduction for federal taxes is a casualty of the stalled Build Back Better bill, it won’t be a loss for most Mainers.
Posted inOp-Eds, Opinion
Jim Fossel: Maine budget surplus presents an opportunity
The projected $800 million can be used ideally to simplify our tax system, or at least to bolster the rainy day fund and invest in infrastructure.