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Issues

  • Personal Property Tax Relief in Maine

    The Business Equipment Tax Reimbursement (BETR) program provides tax relief for only the first 12 years from when machinery and equipment becomes subject to a personal property tax in Maine.

  • Minimum Wage Hike in Maine

    Maine's minimum wage currently stands at $6.50 an hour.

  • Independent Contractors and ABC Test Reform in Maine

    The state Bureau of Unemployment Compensation last year began paying particular attention to businesses that use independent contractors and whether the independent contractors are really employees under the state's unemployment insurance law.

  • Dirigo Health Subsidy Tax Issues in Maine

    The state's controversial DirigoChoice health insurance program is designed to operate with an annual tax assessment on health insurance. The first assessment began in 2006 and amounts to $43.7 million.

  • Sec. 179 Equipment Expensing Tax Penalty in Maine

    Small businesses are allowed to write-off (expense) on their federal income tax returns up to $102,000 in equipment purchases; they do not have to depreciate the equipment and pay income taxes on the investments.

  • 2007 Session Report: Tax Reform

    Small businesses can breathe a sigh of relief now that the Legislature has adjourned. We dodged a number of bullets and were successful in fighting proposals that would have made Maine a tougher state for small-business owners. Below is the first installment of an overview of this year's legislative session: tax reform and tax relief.

  • 2007 Session Report: Health-Insurance Reform

    Maine's individual and small-group (up to 50 employees) health-insurance markets are suffering from high costs that make it increasingly difficult to obtain or keep affordable insurance policies.