GREENWOOD — Betsey Foster came forward at a Greenwood Board of Selectmen meeting on Tuesday, November 23, to share her concerns about houses in Greenwood being rented out to people who didn’t live in the community. Foster, who is a resident, suggested creating a registry to keep track of who’s property was being used as […]
taxes
Posted inBusiness, Nation / World, Politics
The Pandora Papers: Foreign money secretly floods U.S. tax havens. Some of it is tainted.
New Hampshire is among the states that passed legislation to allow creation of trusts that attract ultra-wealthy individuals.
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Posted inNation / World, Politics
Trump sues New York Times and niece Mary Trump over tax records
The lawsuit alleges that Mary Trump and the New York Times participated in an “insidious plot” to obtain records about the former president’s finances.
Posted inNation / World
Trump’s company once cloaked him in gilded fame. Now it faces felonies, debt and a toxic brand.
The indictment adds to a growing pile of uncertainties about his company that experts say makes its future less clear than at any time since Trump’s collapse in Atlantic City and New York in the 1990s.
Posted inNation / World
Charges expected Thursday against Trump’s company, top executive
Prosecutors have been scrutinizing the former president’s tax records, subpoenaing documents and interviewing witnesses, including Trump insiders and company executives.
Posted inMaine, Nation / World, News
New child tax credits offer lifeline for some Maine families
The monthly payments will go to some 230,000 Maine families, part of an expanded child tax credit approved by Congress under the American Rescue Plan Act.
Posted inElections, Maine, News, Politics
Bill to allow ‘semi-open primaries’ in Maine takes step forward
If it’s approved by the full Legislature, independent voters will be allowed to vote in a political party’s primary during each election cycle without having to enroll in that party.
Posted inBusiness, Maine, News, Politics
Divided tax committee endorses surcharge bill for high-wage earners
The Legislature’s Taxation Committee voted 6-5 Tuesday to advance a bill that would tack a 3% surcharge on taxable income over $200,000.
Posted inNation / World
Former IRS employee in Massachusetts ordered to pay $1 million in restitution
She was initially charged with filing 591 false tax returns between 2012 and 2017, but pleaded guilty to filing at least 70 false tax returns.
Posted inNation / World, Politics
White House spending plan includes beefed-up IRS enforcement
Severe agency cuts pushed by Republicans in Congress after 2010 have hampered the IRS’s ability to collect taxes even from those who legally owe them, particularly among the rich.