AUGUSTA — State lawmakers who are working to launch Maine’s adult-use cannabis industry have eliminated all references to social clubs from a proposed overhaul of the Marijuana Legalization Act. Voters approved social clubs as part of the legalization referendum in 2016, but lawmakers have repeatedly voted for delays in an effort to keep Maine from […]
taxes
Posted inMaine, sj-web
Maine land trusts say Paul LePage used bogus data in pitch to tax them
AUGUSTA — Gov. Paul LePage is once again accusing conservation groups of “ripping off” taxpayers in Maine by not paying local taxes on vast swaths of land across the state. But conservation advocates and some lawmakers counter that the governor is peddling misleading information that ignores payments made by land trusts as well as the […]
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Posted inFranklin
Jay sets interest rate on delinquent taxes, denies property abatement
JAY — Selectpersons voted unanimously Monday to keep the rate of interest on delinquent taxes at 7 percent. The state raised the maximum interest rate that could be charged to 8 percent this year. It had been 7 percent since 2010. Jay has kept the rate at 7 percent for several years, Town Manager Shiloh […]
Posted inAdvertiser Democrat, Lewiston-Auburn, News
Future of Keiser Homes property unknown
OXFORD — The future of the former Keiser Homes property on Route 121 remains unknown, but town officials say property taxes are up to date. The buildings have been vacant since the modular home builder, operating under Excel Homes of Maine, unexpectedly shut its doors at 56 Mechanic Falls Road in May 2016, putting more […]
Posted inMaine, News
Federal tax reform could increase Mainers’ state tax bills
AUGUSTA, Maine (AP) — Maine lawmakers are figuring out how to ensure Mainers aren’t hit with a higher state tax bill due to the Republican tax overhaul that President Donald Trump recently signed into law. Republican Gov. Paul LePage’s administration said Thursday he’ll submit legislation aimed at preventing a state tax hike. The federal policy […]
Posted inBusiness
Starbucks gives workers raises and stock grants
NEW YORK (AP) — Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law. All employees will soon be able to earn paid sick time off, and the company’s parental leave benefits will include all non-birth parents. Starbucks Corp. said Wednesday that the changes affect […]
Posted inConnections, Lewiston-Auburn
LA CA$H Coalition partners with Kaplan for tax season
LEWISTON — The LA CA$H Coalition has a new tax season partnership with staff and students of Kaplan University. Dr. Patti Pelletier, academic dean for Kaplan Maine Campuses, has joined the LA CA$H Coalition, and through her involvement, the coalition now has on board Anthony Tenneson, who recently retired from Kaplan, as the site coordinator […]
Posted inNation / World
New tax guidelines rely on workers to double-check their paychecks
Millions of Americans will need to use a new Internal Revenue Service tool to ensure their new paychecks are accurate, Trump administration officials said Thursday as they issued guidelines for implementing the recently passed tax law. The guidelines are necessary for businesses to calculate how much to withhold in taxes from employees’ paychecks beginning as […]
Posted inBusiness
Maine breweries to share $1 million tax break
Tucked inside the recently passed federal tax overhaul was a very specific tax cut that could cumulatively save Maine breweries about $1 million this year. The Craft Beverage Modernization and Tax Reform Act was passed at the end of 2017 along with tax reforms that lowered both personal and corporate tax rates. The act includes […]
Posted inMaine, sj-web
Poliquin lays out his legislative agenda for the new year
Heading into what might be a tough re-election fight, U.S. Rep. Bruce Poliquin plans to pursue an agenda this year with a clear appeal to the moderate Mainers who may decide his fate. The 2nd District Republican said “one of my top priorities” is to crack down on sexual harassment on Capitol Hill. Poliquin said […]