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PublishedJanuary 27, 2021
Potential tax on Paycheck Protection Program loans leaves businesses nervous
Under Gov. Janet Mills's budget proposal, Maine businesses would have to pay state income taxes on the forgivable federal loans.
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PublishedJanuary 27, 2021
Mills says she’ll seek ways to avoid state tax on businesses’ relief loans
The governor says she's having departments look for federal funds that would let the state balance its budget without taxing businesses for Paycheck Protection Program money they received.
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PublishedJanuary 18, 2021
Working remotely? Don’t plan on deducting added expenses
The best strategy for those working from home is to try to recoup added expenses from your employer, says one local tax expert.
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PublishedNovember 29, 2020
With Biden in the White House, Maine could see major changes
The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.
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PublishedOctober 20, 2020
Fight over Trump’s business records returns to appeals court
The Supreme Court this summer said the president is not immune from congressional investigation, but the justices put the subpoena on hold.
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PublishedSeptember 29, 2020
Biden releases 2019 tax returns before 1st debate with Trump
The move came following a report from The New York Times that Trump paid just $750 in income taxes in 2016, the year he ran for president.
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PublishedSeptember 28, 2020
Trump’s $400 million debt could make him vulnerable to manipulation, ethics experts say
Revelations that President Trump is personally liable for the debt raise worries that his finances pose a national security risk.
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PublishedSeptember 28, 2020
What we know – and still want to know – about Trump’s businesses
Trump's businesses routinely reported losing more money than they made, a fact that saved Trump on his taxes but belied the gold-plated CEO image he presented to the public.
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PublishedSeptember 14, 2020
Pandemic-induced remote worker boom creates state income tax confusion
A federal bill could add clarity for remote workers in Maine who normally live or work in another state, but its passage is far from certain.
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PublishedAugust 24, 2020
New York attorney general investigating whether Trump inflated assets for loans
Letitia James is seeking to compel Eric Trump's testimony.
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