Mitch McConnell wants his party’s midterm candidates to avoid discussing specific policies – but his spat with Sen. Rick Scott shows that can backfire.
taxes
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.
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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.
Posted inOp-Eds, Opinion
Maine Senate president: Why I back Jared Golden’s demand to change the Build Back Better Act
The congressman is leading the effort to roll back the SALT giveaway to the rich as the bill heads to the U.S. Senate, Troy Jackson says.
Posted inOp-Eds, Opinion
Commentary: Maine Seed Capital Tax Credit is crucial to investment, state’s economic future
Criticism of the program in a recent editorial and on a liberal think tank‘s blog is misinformed and short-sighted.
Posted inBusiness, Nation & World
Democrats seek tax hikes on corporations, the wealthy for $3.5 trillion plan
The tax hikes could bring about the most substantive changes in the tax code since Republicans with then-President Trump slashed taxes in 2017.