taxes

There's a really good reason why you should file your taxes ASAP.  And, it's not just so that you can get your hands on your refund quicker!

Maine ranks among the bottom 10 states and Puerto Rico in terms of fiscal health, according to a George Mason University study released Wednesday.

There have been a lot of top 10 lists lately from food to sightseeing to living. This list is going to take a look at the bottom of a list instead of the top. These are the 3 worst states to make a living and Maine is in there.

Source: WalletHub A WalletHub study on both property and vehicle taxes shows that Mainers are the sixth highest when it comes to being taxed on vehicle property.

Tax season began on Tuesday and you may have noticed your W-2’s are arriving, but with tax season comes a ‘warning’ from the IRS.

Here is a list of the 10 worst states when it comes to property taxes. Is Maine on the list?

Due to government budget cuts at the IRS, you may have to wait a little longer for your tax return this year. This year as in past years, filing electronically will be your best and fastest way to get your return. Direct deposit into your checking account also speeds thing up.

When U.S. citizens denounce their country it currently costs them $450.00. With a record number of citizens living abroad and opting out of being a U.S. citizen the U.S. State Department announced it’s going to cost them more.

The billionaire behind the Beanie Babies craze was in Federal Court on tax evasion charges for stocking away $25 million in a Swiss bank account and hiding it from the IRS. Ty Warner is one the highest profile Americans to be brought up on charges for filing false tax returns which he did for at least 11 years.

Gas prices are something we all keep an eye on: are they going up, are they going down? The last I saw was $3.44 a gallon with the average in Maine at $3.47. Democratic Congressman Earl Blumenaurer is pushing to double the gas tax to .33 cent a gallon. There is currently an 18.5 cent federal gas tax on every gallon of gas we buy and the Representative from Oregon says it’s time to raise it. Read M

Just looking at my paycheck. Taxes! Yes,  it would be nice to have that money in my check to support my life. BUT, I think I must be the only person who thinks that being in a position where I do earn enough to pay taxes is not a bad thing. Taxes do some great things!

The Maine tax code could be drastically overhauled if LD 1496 gets passed by the Maine Legislature and signed by Governor LePage. The plan is estimated to raise between $150 to $200 million in new revenue. Here's a quick breakdown of what the bill would do.

Ok, I have the info. It is ready to be done. I just have not done it. I am getting money back, so I am sure this is not a big deal to the government. But I need to make it legit. I have NOT filed my taxes and I need to file an extension.

In year's past, if Patriot's Day landed on the day taxes were due, Mainer's would get an extra day to file. That's not the case this year. Last year, there was even a bigger delay. Remember April 15, 2012, just happened to fall on a Sunday and Emancipation Day in Washington D...

The Lewiston School Committee voted unanimously Monday night on the school budget that would increase property taxes 5.4 percent. That would translate for a home valued at $150,000 in Lewiston to a tax increase of $72.

The IRS has issued its annual warning about the "Dirty Dozen" schemes out there—ways that certain disreputable folks will try to steal your money or methods people use to hide financial information from the tax agency.