Maine Governor Janet Mills recently announced that the second quarter estimated tax payment deadline has been extended to July 15, 2020. ...more
Maine Revenue Services (MRS) issued guidance late last week responding to the state’s recently-enacted tax conformity legislation. ...more
10/2/2018
/ Income Taxes ,
Internal Revenue Code (IRC) ,
Local Taxes ,
New Guidance ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Tax Returns
On Thursday, March 1, Alec Porteous, the Commissioner of the Maine Department of Administrative and Financial Services, and Dr. Michael Allen, Associate Commissioner for Tax Policy for the Maine Department of Administrative...more
3/9/2018
/ Governor LePage ,
Legislative Agendas ,
Local Taxes ,
New Legislation ,
Proposed Legislation ,
State and Local Government ,
State Taxes ,
Tax Code ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Rates ,
Tax Reform ,
Trump Administration
Hoping to avoid a potential government shutdown, this week the Legislature passed a biennial budget that once again makes significant tax changes, but stops well short of the major tax reform desired by many legislators. The...more
6/19/2015
/ Estate Tax ,
Government Shutdown ,
Income Taxes ,
Investment Tax Credits ,
Local Taxes ,
Pensions ,
Property Tax ,
Sales Tax ,
State Budgets ,
State Taxes ,
Tax Deductions ,
Threshold Requirements ,
Veto Rights