March 5 update: Although some votes by absent committee members remain outstanding, the Committee on Taxation is expected to recommend that this bill be considered by the full legislature. We will update you as more is learned. Carried over from the Maine legislature’s previous session, lawmakers are considering a bill
Are you shipping your product into Canada to Canadian customers? Are you considering expanding your marketing and sales efforts into Canada? Do your employees occasionally cross the Canadian border to sell your product? Are your employees providing services in Canada?
Baker Newman Noyes announced today the firm has been named to Forbes’ first-ever list of America’s Top Recommended Tax & Accounting Firms. BNN is the only full-service Maine firm on the list recommended for both tax and accounting services and is one of just 90 firms nationwide recommended for both
We recently published our February Family Wealth Matters featuring articles on a variety of tax planning topics for high-net-worth individuals and families.
As promised in her State of the State address, Governor Mills this week signed LD 1645, “An Act To Create Affordable Workforce and Senior Housing and Preserve Affordable Rural Housing.” The law creates the Maine Credit for Affordable Housing, a state-level income tax credit for developers of low income housing,
Up through the end of 2019, it was impermissible for taxpayers to make a contribution to a regular IRA starting with the year in which they turned 70 ½. This age restriction did not (and does not) apply to contributions to Roth IRAs.
Have you taken the time to inventory your municipality’s computer hardware and software? When was the last time you truly evaluated your communications platforms? Zach Porter and Krystal Martin are presenting an IT audit update at the 2020 Technology & New Energy Conference, hosted by the Maine Municipal Association. Porter