Changes in store for Maine
Fall is in the air, leaves are starting to change color. Change is on tap for Maine taxes too. These changes are all scheduled to affect your 2014 taxes (which begin filing in January 2015.)
Larger pension deduction. Good news for retirees: the pension deduction will increase from $6,000 to $10,000. This will continue to be decreased by taxable or non-taxable Social Security income received for all but military pensions. However, the list of qualifying pensions eligible for the deduction grows to add non-penalty distributions from IRA’s, SIMPLE plans and retirement annuities to the prior list of 401(k) distributions, state, federal and company pensions. Early distributions from plans which are subject to a federal penalty are not eligible, nor are state pension amounts already exempted as “pick-up contributions.”
Marketing challenge: creating compelling content
Years ago (not to date myself), marketers could use the same content over and over for a year or two. A set of great case studies would serve a sales team for a few years – in fact, during my MBA program, we learned from case studies that were five years old and still relevant to the topics being covered in class.
Those days, however, are long gone. With the explosion of digital technology in recent years, consumers have become tech-savvy. They can gather information at a glance, switch from one venue to another with the touch of a button and tune out anything that doesn’t interest them. Marketers must now strive to keep pace with the constant demand for pertinent, up-to-date content. In fact, content creation has become one of our biggest challenges – which may explain why many marketers still struggle with the task.
Maine Savings announces $50,000 in support for UMaine scholar athletes; celebrates new College Avenue branch
OLD TOWN – Maine Savings, one of Maine’s largest credit unions, celebrates its new College Avenue branch in Old Town with a week of events, including a press conference and ribbon cutting. During the press conference, John Reed, president and CEO of Maine Savings, announced its partnership with the University of Maine Athletics Department to offer the exclusive Black Bear Debit Card.
Each year of the five-year debit card agreement with the university, Maine Savings will contribute at least $10,000 to the Black Bear Fund, totaling a minimum of $50,000 for scholar athletes.
BIZ - Briefs (09/10/14)
EMDC invites business leaders and owners to discuss region’s skill gap
BANGOR - Business leaders and owners from across Eastern Maine are invited to join Eastern Maine Development Corporation (EMDC) on Thursday, Sept. 11 at Dysart’s on Broadway when Scott Ellsworth of Business Leaders United (BLU) visits the region. BLU seeks to create a common platform through which business leaders from all over the country and across industries can communicate to national policymakers, the press and the American public about effective industry-based strategies.
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