taxes

Record Number Renounce U.S. Citizenship, Fees Go 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.
Beanie Babies Billionaire Gets Two Years Probation for Tax Evasion
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 lea…
Congressman from Oregon Wants to Double the Federal Gas Tax
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…
Maine Tax Reform Plan: A Quick Breakdown
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.
Tax Day is Monday!
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...
Andy Capwell Taking On His Tax Return
They say you never forget how to ride a bike, and that you never forget your first love. Then why does it seem I always forget how to do my taxes every year? I finally made my way to the Federal Building right down the street from the radio station, and grabbed as many tax booklets and forms as I co…
Maine’s “Chickadee Check-Off” Program is in Danger
There is a chance that Maine's "Chickadee Check-Off" program could vanish from Maine tax forms unless Mainers support it. The tax form check-off has been part of the Maine tax form for 30 years. The money supports the Maine Department of Inland Fisheries and Wildlife's En…