News / General Business

A School Board Says No to Big Oil, and Alarms Sound in Business-Friendly Louisiana

Source: nytimes.com - Feb 5, 2019

BATON ROUGE, La. — It was a squabble over $2.9 million in property-tax breaks — small change for Exxon Mobil, a company that measures its earnings by the billions. But when the East Baton... Read more >

Category: General Business

4 Simple Habits to Build Wealth Faster

Source: kiplinger.com - Feb 5, 2019

As a young child, did you ever dream of having $1 million in the bank? I used to think that way, but my perspective changed over the years. $1 million is no longer a guarantee of financial... Read more >

Category: General Business

How Business Can Engage Students And Educators With Technology

Source: huffingtonpost.com - Feb 1, 2019

We need young people to fall in love with technology. I don’t mean devices. Lots of kids — adults, too, of course — are obsessed with their mobile phones, tablets and game consoles. I’m... Read more >

Category: General Business

Economy Notches 100th Straight Month of Increased Employment

Source: wsj.com - Feb 1, 2019

WASHINGTON—The U.S. labor market notched its 100th straight month of increased employment in January while sustaining robust wage growth, passing the tests posed by a federal-government shutdown,... Read more >

Category: General Business

These red flags on your 2018 tax return could spark interest from the IRS

Source: cnbc.com - Feb 1, 2019

Even though the IRS may be just getting back on its feet after the partial government shutdown — with another one potentially in mid-February — don't assume you can pull a fast one on your tax... Read more >

Category: General Business

The eternal question: What are a taxpayer's chances of an IRS audit?

Source: accountingtoday.com - Jan 29, 2019

As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be... Read more >

Category: General Business

Servicemembers, DOD civilians could pay less in taxes this year following overhaul to tax code

Source: stripes.com - Jan 29, 2019

WASHINGTON — The biggest changes to the tax code in more than a generation could mean substantial tax reductions for servicemembers and civilian federal employees when they file their taxes this... Read more >

Category: General Business

The IRS says filing taxes under Trump's new law should be 'seamless' for 90% of Americans

Source: businessinsider.com - Jan 29, 2019

The first tax season under President Trump's new tax law is underway. The IRS started accepting tax returns on Monday, January 28, which means you can file as soon as your receive a W-2 form (or... Read more >

Category: General Business

IRS Confirms Traders Are Eligible For QBI Deduction

Source: forbes.com - Jan 28, 2019

On Jan. 18, 2019, the IRS issued final 199A regs for the 2017 Tax Cuts and Jobs Act (TCJA) 20% qualified business income (QBI) deduction. The final regs update the August 2018 proposed/reliance... Read more >

Category: General Business

Why Is The IRS Punishing Triple Net Landlords?

Source: forbes.com - Jan 28, 2019

While the IRS as a whole is by no means “horrible,” the new Final Regulations regarding Section 199A of the Internal Revenue Code must seem that way to landlords who lease property under triple... Read more >

Category: General Business

Tax season opens: You can file your federal taxes starting today

Source: usatoday.com - Jan 28, 2019

The Internal Revenue Service is ready to accept your federal tax returns starting Monday, Jan. 28. You can file for free electronically through the IRS website or download paper forms. Tax... Read more >

Category: General Business

Is Louisiana Really the ‘Most Taxed’ State in the Country?

Source: 710keel.com - Jan 26, 2019

It's the time of year where everyone is talking taxes. There are ads for tax prep services everywhere you look or listen. People are worried about their filings, and concerned about their returns.... Read more >

Category: General Business

Tax Filing Season Is Starting, but It May Not Go Smoothly

Source: nytimes.com - Jan 26, 2019

Tax preparers, bracing for a tricky filing season, are advising taxpayers to file returns as they usually do, but to be prepared for possible delays if they are due refunds. The Internal Revenue... Read more >

Category: General Business

Citizens Insurance Tax Credit - Individuals

Source: revenue.louisiana.gov - Jan 26, 2019

Click here for Form 540-INS – Request for Refund of Louisiana Citizens Property Insurance Corporation Assessment How do I determine the amount of the credit? Premium notices that include LA... Read more >

Category: General Business

By the numbers: Louisiana not on track to tax online sales

Source: watchdog.org - Jan 25, 2019

Louisiana is not compliant with a U.S. Supreme Court decision outlining how states can go about requiring online retailers to collect sales taxes on products sold within their borders, according to... Read more >

Category: General Business