IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims

The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic.

Tax season thrown into chaos as IRS weighs taxing Maine relief checks

Even though some taxpayers already have filed, the state is one of nearly two dozen where federal officials have yet to determine whether the payments are taxable.

Tax season begins two weeks early because of virus, IRS funding

This year’s tax filing season will begin on Jan. 24.

Some billionaires vent over Biden plan imposing income tax on richest

ProPublica reported in June that some of the richest Americans have paid no income tax, or nearly none, in some years — including Elon Musk, who paid zero income taxes in 2018.

Billionaire tax takes shape, faces critics, as Biden pushes for budget deal

Resolving the revenue side is key as the Democrats scale back what had been a $3.5 trillion plan, insisting all the new spending will be fully funded.

Rift between Republicans, corporate America creates opening for Biden’s tax plan

White House officials have argued to corporate executives that the tax hikes are necessary to fund large investments in public infrastructure that the business sector has long sought.

Town of Rumford to offer property tax payment program

The Tax Club Program allows residential property owners to pay their real estate property taxes over the course of the year.

Trump, Republicans sue over California law requiring presidential tax returns

One of the suits alleges the law is an attack against the current president.

Eagle Creek withdraws tax abatement requests in Jay, Livermore and Livermore Falls

Mechanic Falls voters approve budget articles