News / General Business

Americans paying more in taxes than for food, clothing

Source: foxnews.com - Sep 1, 2017

Americans spent more money on taxes than they did on food and clothing last year, according to data released earlier this week. In an assessment of “Consumer Expenditures” for 2016, the Bureau... Read more >

Category: General Business

SBA Provides Deferments to Borrowers in Hurricane Affected Areas

Source: sba.gov - Aug 31, 2017

Hurricane Harvey Recovery Information Texas Hurricane Harvey Disaster Declaration TX-00487 Fact Sheet Fact Sheet (en Español) Disaster Declaration Disaster... Read more >

Category: General Business

FEMA's maximum flood insurance payout: $7.6 billion; insured losses estimate: $10 billion plus

Source: nola.com - Aug 31, 2017

SAN ANTONIO -- The U.S. government's National Flood Insurance Program has about $7.6 billion to pay Hurricane Harvey-related claims. But analysts estimating damages of several times that amount.... Read more >

Category: General Business

It’s a Myth That Corporate Tax Cuts Mean More Jobs

Source: nytimes.com - Aug 31, 2017

“The arithmetic for us is simple,” AT&T’s chief executive, Randall Stephenson, said on CNBC in May. If Congress were to cut the 35 percent tax on corporate profits to 20 percent, he declared,... Read more >

Category: General Business

Push to simplify taxes is on — but don't touch key deductions, groups cry

Source: chicagotribune.com - Aug 31, 2017

President Donald Trump and congressional Republicans have pledged to overhaul the nation's complex tax code. To slash taxes, they say they'll curb a web of expensive deductions and credits to allow... Read more >

Category: General Business

Nation's largest refinery scales back output as Harvey rages

Source: theadvocate.com - Aug 30, 2017

The largest refinery in the country has cut output by nearly half as refinery outages and port closures spread Tuesday from the pummeling Tropical Storm Harvey continued to unleash on the Texas and... Read more >

Category: General Business

How a Louisiana company sewed up a niche in the $20 billion global market for medical textiles

Source: theadvocate.com - Aug 30, 2017

The story of how a tiny New Orleans medical equipment business made its way to Baton Rouge to become one of the world's largest makers of pouches that hold heart-monitoring equipment starts with a... Read more >

Category: General Business

Landrieu considers stormwater fees to pay for New Orleans drainage system upgrades

Source: nola.com - Aug 30, 2017

Mayor Mitch Landrieu is in the early stages of a plan to put a stormwater management fee proposal before the New Orleans City Council to help pay for improvements to the city's troubled drainage... Read more >

Category: General Business

Hurricane Harvey: How to help victims of the Texas storm

Source: chron.com - Aug 30, 2017

As Hurricane Harvey brings massive floods and destructive winds to Texas, victims are in need of relief and aid. Here are the organizations that are helping: Local organizations: George R. Brown... Read more >

Category: General Business

IRS Offers Tips for Disaster Preparedness

Source: irs.gov - Aug 29, 2017

IRS Special Edition Tax Tip 2017-08 Español Hurricane Preparedness Week is May 7-13. The IRS wants to remind taxpayers to prepare for... Read more >

Category: General Business

Hurricane Harvey Could Hit Storm Victims Again on Tax Day

Source: fortune.com - Aug 29, 2017

Taxes are the last thing people in Houston are worrying about right now, but when the rains of Hurricane Harvey finally stop and the cleanup begins, it might be worth thinking ahead to Tax Day.... Read more >

Category: General Business

Morning Agenda: Cohn and Mnuchin Tackle Taxes

Source: nytimes.com - Aug 29, 2017

President Trump has largely left management of his administration’s tax overhaul to the former Goldman Sachs executives Gary D. Cohn and Steven Mnuchin. That is making some conservatives... Read more >

Category: General Business

Hurricane Harvey victims get a tax extension

Source: money.cnn.com - Aug 29, 2017

Taxes are probably the last thing on anyone's mind in the flooded parts of Texas. But the IRS said Monday it will grant an automatic extension to individuals and businesses who are victims of... Read more >

Category: General Business

3 Smart Ways for Investors to Cut Their Taxes

Source: host.madison.com - Aug 25, 2017

High returns aren't the only factor to consider when choosing your investments. A tax-efficient portfolio can save enough on your tax bill to nicely compliment your investment returns. Take a look... Read more >

Category: General Business

Orleans Parish begins handing out sandbags

Source: fox8live.com - Aug 25, 2017

NEW ORLEANS (WVUE) - The possibility Hurricane Harvey may turn toward Louisiana sometime next week has state and local officials preparing for that possibility. Orleans Parish will be handing out... Read more >

Category: General Business