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COVID-19: Maine Extends Second Quarter Estimated Tax Payment Deadline to 7/15/2020

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 Explains IRC § 965 Deferred Foreign Income Taxation

Maine Revenue Services (MRS) issued guidance and amended the Maine corporate income tax return instructions last week to explain Maine’s conformity to federal taxation of deferred foreign income, also called deemed...more

Maine Revenue Services Alerts Taxpayers That Amended 2017 Returns May Be Required

Maine Revenue Services (MRS) issued guidance late last week responding to the state’s recently-enacted tax conformity legislation. ...more

Maine Enacts Property Tax Modernization and Improvement Law

Maine recently passed L.D. 1479, An Act To Modernize and Improve Maine’s Property Tax System, which implements certain changes to the state’s property tax assessment, review, and appeals processes. ...more

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