The Legislature is considering 2 bills that would implement revenue sharing across the state’s recreational cannabis industry.
taxes
Posted inLewiston-Auburn, Maine, Maine Crime
Former Auburn barbershop owner indicted on tax fraud charges
Former FreshCutz owner Thierry Musese was indicted Wednesday on dozens of charges stemming from alleged false tax preparations.
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Posted inThe Franklin Journal
County towns asked to help pay for flood reduction costs, too many can’t afford it
During the New Vineyard selectboard meeting, the discussion about a proposal for the installation of river gages was over before it began.
Posted inFranklin, Local News, Maine, News, The Franklin Journal
Franklin County taxes could help pay for flood mitigation costs
Franklin County Emergency Management Agency informed the New Vineyard Select Board that county taxes will be raised to pay for river gages that will help study flood patterns on Sandy River and Carrabassett River.
Posted inBusiness, Maine, News
Dairy task force recommends boosting subsidy to preserve Maine farms
A draft report calls for additional taxes on gambling, cannabis or cigarettes to help stabilize funding for the subsidy program that protects Maine’s struggling dairy farms.
Posted inThe Franklin Journal
Farmington has new policy for collecting delinquent taxes
The policy approved by Farmington selectmen Nov. 12 will help collect delinquent tax or utility payments.
Posted inBusiness, Nation / World, News
Taxpayers will get higher standard deductions in 2025, IRS announces
It’s rising to $15,000, up $400 from this year.
Posted inFranklin, News, The Franklin Journal
Farmington tax rate increases $1.54 per $1,000 in property valuation
The new rate is up $1.54 over last year’s rate of $19.91, with taxes due Nov 26.
Posted inBusiness, Nation / World
Biden administration releases plans for new minimum tax on large companies
The new minimum tax on large companies by the Biden administration aims to raise $250 billion over the next decade.
Posted inAdvertiser Democrat, Oxford Hills, River Valley
Rumford, Mexico officials question county commissioners on $500,000 tax bill typo
Representatives from Rumford and Mexico said they would have liked to have been informed earlier of the error and corrected tax bill.