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On Middle Street, a culinary hub embodies an industry under siege

On Middle Street, a culinary hub embodies an industry under siege
A microcosm of the Portland food scene, the block of restaurants made bold decisions and banded together to stay in business.
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Middle Street, between Franklin Street and India Street, is a culinary hotspot in a city with a national reputation for food and drink. The owners of many of the restaurants there have collaborated to help one another weather the pandemic. Ben McCanna/Staff Photographer
This is the second of five parts in our series on the impact of the COVID-19 pandemic on Portland’s restaurants.
Andrew Taylor remembers the realities of the pandemic slowly dawning on him in February 2020 as he watched the news from around the country. ....

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Bingo revenues slump at Wells-Ogunquit, ME, senior center

Bingo revenues slump at Wells-Ogunquit, ME, senior center
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Mills' budget proposal would tax Paycheck Protection Program funds as income

Mills’ budget proposal would tax Paycheck Protection Program funds as income
The Legislature s tax and budget committees met Monday to hear testimony on a set of proposals by Gov. Janet Mills that could leave some businesses paying state taxes on loans exempt from federal taxes.
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Maine businesses would have to pay state income taxes on forgivable federal Paycheck Protection Program loans that are not taxed by the federal government under a budget proposal from Gov. Janet Mills.
The administration told the Legislature on Monday that state government could be facing a more than $100 million revenue shortfall if the state were to fully conform with changes to the federal tax code passed by Congress in December. Those changes exempted PPP loans from federal income taxes while allowing businesses to also claim the expenses the loans helped pay for. ....

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State budget fix could hit businesses with unexpected tax expenses

Mills’ budget proposal would tax Paycheck Protection Program funds as income
The Legislature s tax and budget committees met Monday to hear testimony on a set of proposals by Gov. Janet Mills that could leave some businesses paying state taxes on loans exempt from federal taxes.
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Maine businesses would have to pay state income taxes on forgivable federal Paycheck Protection Program loans that are not taxed by the federal government under a budget proposal from Gov. Janet Mills.
The administration told the Legislature on Monday that state government could be facing a more than $100 million revenue shortfall if the state were to fully conform with changes to the federal tax code passed by Congress in December. Those changes exempted PPP loans from federal income taxes while allowing businesses to also claim the expenses the loans helped pay for. ....

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