On February 12, 2021, Maine Revenue Services (MRS) issued a tax alert with additional tax guidance for taxpayers impacted by the COVID-19 pandemic....more
On May 16, 2020, Maine Revenue Services released a Tax Alert, updating taxpayers on a number of tax-related developments, including Governor Mills’ May 12 executive order and updated MRS FAQ answers....more
On July 4, 2018, Maine passed a law to extend the state’s Pine Tree Development Zone (PTDZ) program for three years. ...more
The Maine Legislature ended its tumultuous session on July 16, 2015. After an advisory opinion by the Maine Supreme Court, we now know which bills actually became law. As usual, a number of significant tax issues were...more
8/24/2015
/ Cable Television Providers ,
Estate Tax ,
Governor LePage ,
Homestead Exemption ,
Hospice ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Property Tax ,
Sales Tax ,
Special Needs Adults ,
Tax Exemptions ,
Tax Rates ,
Telecommunications
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