News / General Business

IRS lien shows Floyd Mayweather owes $22.2M on 2015 taxes

Source: espn.com - Jul 12, 2017

LAS VEGAS -- The IRS says it's still waiting for its cut from Floyd Mayweather Jr. from his nine-figure payday against Manny Pacquiao. The undefeated boxer nicknamed "Money" owes $22.2 million in... Read more >

Category: General Business

Nevada Marijuana Dispensaries Are Already Running Low on Pot

Source: nbcnews.com - Jul 12, 2017

Less than two weeks after Nevada began the legal sale of recreational marijuana, dozens of dispensaries in the state are worried they soon won’t have any pot left. The plant sales quickly... Read more >

Category: General Business

Requests by Louisiana high school students for college financial aid surges; here's why

Source: theadvocate.com - Jul 10, 2017

A total of 65 percent of high school seniors have applied for federal college aid, up from 58 percent last year, the state Department of Education announced Monday morning. State leaders have been... Read more >

Category: General Business

Report: Louisiana Sales Tax (Still) Highest in the Nation

Source: brproud.com - Jul 10, 2017

It may not be much surprise to consumers in the Bayou State. A report this week from the non-partisan Tax Foundation shows Louisiana with the highest average sales tax in the country. This marks... Read more >

Category: General Business

IRS shuts down mom and pop dressmaker, sells dresses within hours

Source: dallasnews.com - Jul 10, 2017

The unmarked vehicles arrived in the morning. More than 20 armed agents poured out. Hours later, Mii’s Bridal & Tuxedo was out of business after serving customers for decades. Its entire... Read more >

Category: General Business

'Smishing' scams target your text messages. Here's how to avoid them

Source: usatoday.com - Jul 6, 2017

While the name of this growing threat might sound funny, being a victim of it is no joke. Similar to a “phishing” scam — where computer users receive an authentic-looking email that appears... Read more >

Category: General Business

Louisiana launches tax-free savings program for the disabled

Source: neworleanscitybusiness.com - Jul 6, 2017

Louisiana has started a new tax-free savings account program that will allow families set aside money to help children with disabilities pay for expenses. Treasurer Ron Henson and the Louisiana... Read more >

Category: General Business

Trump Transferred Wealth to His Son Eric, Avoiding the Accompanying Taxes

Source: psmag.com - Jul 6, 2017

In April of 2016, as Donald Trump was on the cusp of clinching the Republican nomination for the White House, he sold two luxury condos near Manhattan's Central Park for less than half the price... Read more >

Category: General Business

3 Reasons Paying Quarterly Estimated Taxes Can Actually Be a Good Thing

Source: fool.com - Jul 6, 2017

know what you're probably thinking: "Why on Earth is this guy bringing up a discussion about taxes now? Taxes are so April!" In a way you're right -- Tax Day is in mid-April, and there are few... Read more >

Category: General Business

NerdWallet's Best Savings Accounts of 2017

Source: nerdwallet.com - Jul 6, 2017

Optimize your APY or cash in on a sign-up bonus. These accounts can help you save more. CLICK SOURCE ABOVE TO READ ENTIRE ARTICLE Read more >

Category: General Business

Phone scams are on the rise

Source: areawidenews.com - Jul 5, 2017

Phone scams are becoming a prominent part of local society. The biggest part to remember is to ensure that the younger readers ensure that their parents and even grandparents are aware of these... Read more >

Category: General Business

The count: how much Louisiana will pay in solar tax credits $15 million

Source: bestofneworleans.com - Jul 5, 2017

Louisiana ended its solar tax credit program in 2015, with solar users footing a bill they had hoped would be offset with tax credits the state had promised. In the 2017 legislative session,... Read more >

Category: General Business

Months Later, No Decision on Mississippi Online Tax Plan

Source: usnews.com - Jul 5, 2017

ACKSON, Miss. (AP) — Months after Mississippi's top tax official proposed requiring large online sellers to collect taxes on internet sales, he still hasn't enacted the rule. Kathy Waterbury, a... Read more >

Category: General Business

Preparers chime in on recent PTIN ruling

Source: accountingtoday.com - Jul 5, 2017

A recent ruling striking down the fees charged by the Internal Revenue Service for the ID numbers it requires tax preparers to have has some practitioners rejoicing — and others wondering about... Read more >

Category: General Business

See the bank branches closing from the Whitney takeover of First NBC

Source: nola.com - Jul 3, 2017

The failure of First NBC Bank in April led to Hancock Holding Co. acquiring its branches, deposits and loans as part of its Whitney Bank franchise. Since then, Whitney leaders have been determining... Read more >

Category: General Business