Maine Business Corporate Tax, Maine Personal Income Tax, Maine Sales Tax Rates
What is the Maine Corporate net income tax rate(s)?
What is the Maine personal net income tax rate(s)?
What is the average Maine sales tax rate(s)?
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Maine taxes?
C corporations: Form 1120ME
Estimated tax payments?
Form 1120ES to file at least 90% of the previous years' tax if over $1000. Maine follows the IRS standards for estimated payments. If you will owe $1000 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won't make as much in the current year.
Maine Department of Revenue:
If you use Northwest Registered Agent as your registered agent, you'll have an online account to track your company in, receive notification reminders to file your annual reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new Maine businesses for only $100.
AAA New England Agents, Inc.
Portland, ME 04101