Posts Categorized: News

Maine Now Conforms To Most Federal Tax Law Changes Enacted on or Before March 23, 2018

Posted & filed under Announcements, News.

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 More Read more Arrow

Tariffs 101 and What They Mean for the Industry

Posted & filed under News.

Making Sense of the Headlines:
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.
Read More Read more Arrow

Say YES to that First Job: Labor Dept. Offers Information on Youth Employment While In-School

Posted & filed under News.

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.

Read More Read more Arrow

Seeking Nominations for the 2018 Grocer, Associate Vendor & Food Producer of the Year!

Posted & filed under News.

Awarded annually these prestigious honors are given to members who meet the highest standards of excellence. These include contributions to the Maine Grocers & Food Producers Association, community service, business excellence in providing a positive workplace, increased sales, contributions to the food industry through legislative or educational activities, and a commitment to furthering opportunities for other Maine businesses.

NOMINATE A BUSINESS TODAY!

Read More Read more Arrow

US Farm Bill Awaits Compromise in Committee

Posted & filed under News.

The House is now in recess for the next five weeks, while the Senate will continue to work during parts of August.
US Senate Majority Leader Mitch McConnell (R-KY) appointed himself to the Farm Bill Conferees (committee) and noting a commitment to complete the bill by Labor Day, well before Sept. 30th. President Trump tweeted in support of SNAP work requirements. There is much to be done in committee with the varying House & Senate bill differences. A comparison is available per request.
Read More Read more Arrow