AUGUSTA — Nonprofit organizations across the country are closely watching Maine as it considers becoming the first state to impose property taxes on hospitals, private colleges and summer camps. Republican Gov. Paul LePage’s proposal has sparked a fiery debate in Maine over what impact nonprofits have on their communities and whether they should have to […]
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Posted inMaine
Tax on Maine summer camps would force some to close, owners say
AUGUSTA — The snow may be piled high, but dozens of Maine summer camps are already sounding the alarm about a proposal by Republican Gov. Paul LePage that would force many to pay property taxes. LePage’s two-year budget proposal includes a recommendation that the state change its law to allow cities and towns to charge […]
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Posted inBusiness, Nation / World, New England, sj-web
Vermont temporarily suspends tax refunds over recent fraud
MONTPELIER, Vt. — The state tax department said Friday it had temporarily stopped issuing personal income tax refunds while it investigates recent cases of refund fraud. The move came as TurboTax, the country’s most popular do-it-yourself tax preparation software, said it had temporarily stopped processing state tax returns because of an increase in fraudulent filings. […]
Posted inMaine
Collins and King offer bill to lower taxes on craft brewers
In an effort to help America’s craft beer makers, U.S. Sen. Susan Collins, R-Maine, has authored a bill that would reduce federal production taxes paid by companies that brew relatively small batches of beer. The bill, dubbed the Small BREW Act of 2015, is being co-sponsored by U.S. Sen. Angus King, I-Maine. It aims to […]
Posted inLewiston-Auburn
Big school gets yes vote from Lewiston School Committee
LEWISTON — The Lewiston School Committee voted Tuesday to build big: a 950-student elementary school for pupils now attending Martel and Longley. The committee agreed with a Redistricting Committee recommendation to build a new school and to take students from other overcrowded elementary schools in the city. If the new school is approved by Lewiston […]
Posted inFranklin
Jay board to determine if Verso’s appeal application is acceptable for processing
JAY — The town’s Board of Assessment Review will meet at 3 p.m. Friday, Jan. 30, at the Town Office to determine whether Verso Androscoggin’s appeal application for a 2013 tax abatement is acceptable for processing. Verso has appealed the abatement of $829,258. Selectpersons voted Jan. 6 to reduce the valuation for that year from […]
Posted inLewiston-Auburn
Time to fill out FAFSA; help available Thursday at Lewiston High
LEWISTON — Financial aid experts will be at Lewiston High School on Thursday to help parents and seniors fill out the Free Application for Federal Student Aid. It is scheduled from 5 to 8 p.m. and is open to any high school senior and his or her parents, not just those from Lewiston, said Doug […]
Posted inMaine, sj-web
Chat archive: Should Maine tax its nonprofits?
Live Blog Taxing Nonprofits in Maine AUGUSTA – A tax reform plan by Gov. Paul LePage as part of his 2016-2017 two-year budget proposal is drawing plenty of attention. Among other things the plan would allow cities and towns to apply a property tax to nonprofit organizations that hold more than $500,000 in property. […]
Posted inLewiston-Auburn
Gov. LePage’s plan: How much nonprofits would pay
LEWISTON — If Gov. Paul LePage’s proposal to tax nonprofits became law, Lewiston would get $3.3 million a year in added property taxes from its two hospitals and Bates College. Central Maine Medical Center’s property tax bill would be $1.17 million a year, St. Mary’s Regional Medical Center’s would be $535,000, and Bates College would […]
Posted inLewiston-Auburn
Maine tax system is topic of Great Falls Forum
LEWISTON — The Great Falls Forum will be held Friday, Jan. 16, with economist and former Maine state Sen. Dick Woodbury speaking on “The Policy and Politics of Reforming Maine’s Tax System.” The lecture will take place from noon to 1 p.m. in Callahan Hall at the Lewiston Public Library. Woodbury recently served five terms […]