2020 Standard Deduction
2020 Standard Deduction Married filing jointly $24,800 Single taxpayers $12,400 Married individuals filing separately $12,400 Head of...
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Denise Hue
- Feb 28, 2020
- 1 min
2019 Standard Deduction
Standard Deduction 2019 Standard Deduction Married filing jointly $24,400 Single taxpayers $12,200 Married individuals filing separately...
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Denise Hue
- Feb 27, 2020
- 0 min
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Denise Hue
- Jan 14, 2019
- 1 min
2018 Tax Quick Guide
Here is a handy guide with tax tables and highlights of tax changes for 2018 individual returns. Source: Journal of Accountancy. Quick...
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Denise Hue
- Jan 14, 2019
- 1 min
2019 Mileage Allowances
The optional standard mileage rates for business use of a vehicle will increase in 2019. For business use of a car, van, pickup truck, or...
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Denise Hue
- Jan 10, 2018
- 1 min
2017 Maine Quick Tax Facts
Maine Tax Rates For tax years beginning in 2017, the top tax rate bracket threshold is: $50,000 for single filers and married persons...
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Denise Hue
- Jan 6, 2018
- 1 min
Maine Minimum Wage and Exempt Salary Threshold Changes Effective January 1, 2018
Maine’s minimum wage for exempt employees is $10.00 an hour as of January 1, 2018. The annual income for an exempt employee must exceed...
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Denise Hue
- Jan 5, 2018
- 4 min
2018 Tax Reform Law: A Quick Look
Most of the provisions in the Tax Cut and Jobs Act take effect on January 1, 2018 which will affect tax returns filed in 2019. Several...
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Denise Hue
- Jan 5, 2018
- 1 min
2018 Standard Mileage Rates
Business: The standard mileage rate for transportation or travel expenses is 54.5 cents per mile for all miles of business use (business...
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