Effective September 12, 2018, Public Law 2017, chapter 474 (“PL 2017, c. 474”) was enacted to generally conform Maine’s income and estate tax laws to the federal Internal Revenue Code (“IRC”) as amended through March 23, 2018. This means that, unless otherwise excepted, Maine now conforms to federal tax law changes enacted on or before March 23, 2018, including the federal Tax Cuts and Jobs Act (December 22, 2017), the Bipartisan Budget Act of 2018 (February 9, 2018), and the Consolidated Appropriations Act, 2018 (March 23, 2018).
Read MoreMonthly Archives: September 2018
Tariffs 101 and What They Mean for the Industry
Making Sense of the Headlines:
Courtesy of the Food Marketing Institute
Courtesy of the Food Marketing Institute
It is hard to turn on today’s news without hearing about the Trump administration’s decision to impose tariffs on a host of imports. These tariffs are often presented as black and white – either a necessary adjustment or taxes that will sink the economy.
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Say YES to that First Job: Labor Dept. Offers Information on Youth Employment While In-School
AUGUSTA — Maine Departments of Labor (MDOL) and Education (DOE) launched the Youth Employment and the Steps to Success Initiative (YES) earlier this year to create awareness around the reciprocal benefits of youth employment and to help address the state’s workforce needs in this era of historically-low unemployment rate and tight labor market. The Department of Labor is offering youth-employment reminders for minors in the workplace, students, parents, and employers.
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