Day: December 27, 2016

Effective December 11, 2016, the Maine State Housing Authority has issued a rule for a tax credit (up to $9,000) for expenses incurred for modifications made to a home to make it accessible to an individual with a disability who lives or will live in the home. This will be available for taxpayers whose federal…

Beginning on Jan. 1, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles driven, down from 54 cents 17 cents per mile driven for medical or moving purposes, down from 19 cents 14 cents per mile driven in service…

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