Maine Educational Opportunity Credit is OUT! Student Loan Repayment Tax Credit is IN!

As of January 1, 2022, the Maine Educational Opportunity Credit (EOTC) has been replaced by the Student Loan Repayment Tax Credit (SLRTC). The SLRTC provides an annual refundable tax credit of up to $2,500 for Maine residents repaying certain student loans incurred for obtaining an Associate’s, Bachelor’s,or Graduate degree from an accredited community college, college,…

Maine Income Tax Deadline Moved to July 15, 2020

Maine Income Tax Payment and Filing Deadline Extended On March 26, 2020, Governor Janet Mills and Commissioner of the Department of Administrative and Financial Services Kirsten Figueroa announced that the State will extend the deadline for Maine income tax payments from April 15, 2020, to July 15, 2020. The change aligns with the federal government’s…

Office Temporarily Closed Due to Coronavirus

The U.S. government will postpone the April 15 tax-payment deadline for millions of individuals, giving Americans an additional 90 days to pay their 2019 income-tax bills in an unprecedented move intended to ease the economic pain inflicted by the coronavirus.  The IRS, using authority under President Trump’s national-emergency declaration, will waive interest and penalties as…

Pay Your Taxes Online!

Did you know you can pay your IRS and State of Maine taxes online?  You can pay your balances due and your estimated tax payments using their Online Individual Payment Portals.   You’ll need to register on each site before you can make your first payment.  The Federal EFTPS system will mail you a unique…

Office Weekend Hours

Our office will be open from 9:00AM-4:00PM on Saturday, April 7th as well as Saturday & Sunday April 14th & 15th.     The building will be locked but we will have a team member on the 1st floor lobby allowing clients in.  This may be a great time for you to pick up your tax…