News / General Business

Taxes From A To Z (2017): Z Is For Zero Percent Rate

Source: forbes.com - Apr 17, 2017

t’s my annual "Taxes from A to Z" series! If you’re wondering whether you can claim wardrobe expenses or whether to deduct a capital loss, you won’t want to miss it. Z is for Zero Percent... Read more >

Category: General Business

Are You Leaving Tax Money on the Table?

Source: medscape.com - Apr 10, 2017

As the 2017 tax season enters the final stretch, hopefully you've either already met with your CPA and filed your taxes or prepared them yourself ahead of the April 18 deadline, like the majority... Read more >

Category: General Business

8 reasons you could end up with a surprise tax bill

Source: dailyherald.com - Apr 10, 2017

Many people look forward to tax season because it typically means getting a check from Uncle Sam. But there can be times when instead of receiving a refund, you end up with an unexpected tax... Read more >

Category: General Business

Cut IRS Audit Risk, Extend April 18 Tax Deadline To October 16

Source: forbes.com - Apr 7, 2017

This year, tax returns are due April 18, not April 15. But those few extra days won't matter to many. Instead of rushing to file your taxes, you can go on extension, but should you? If you do... Read more >

Category: General Business

The Commercial Activity Tax explained: Gov. John Bel Edwards' key proposal

Source: nola.com - Apr 7, 2017

Gov. John Bel Edwards is going to into the state legislative session Monday (April 10) with a bit of a surprise plan to overhaul the state's tax structure. For years, tax experts and economists... Read more >

Category: General Business

Proposed Louisiana sales tax may increase cost of Netflix, Hulu

Source: wwltv.com - Apr 7, 2017

NEW ORLEANS – In an effort to overcome budget shortfalls, Gov. John Bel Edwards is proposing a tax on internet streaming services. Many people are cutting the cord to avoid paying high cable... Read more >

Category: General Business

$1 billion in tax refunds are about to become Uncle Sam’s

Source: kansascity.com - Apr 4, 2017

Uncle Sam is set to keep more than $1 billion in unclaimed 2013 tax refunds at this year’s filing deadline, according to the Internal Revenue Service. These are refunds the IRS estimated are due... Read more >

Category: General Business

Enjoy Doing Your Taxes This Year, Because Next Year Will Be a Nightmare

Source: nbcnews.com - Apr 4, 2017

Donald Trump's "skinny budget" puts the tax man on a diet, and that could put a dent in how much money Uncle Sam collects from individuals and businesses. While it might be nice to have the... Read more >

Category: General Business

It's April: Here's how late filers can save on stress and taxes

Source: cnbc.com - Apr 4, 2017

Still sitting on an incomplete tax return in early April? Keep calm but get cracking. A good chunk of this year's filers are procrastinating. As of March 24, the Internal Revenue Service received... Read more >

Category: General Business

VSP warns of tax scam

Source: timesnews.net - Apr 1, 2017

CHATHAM, Va. — Within the last two days, the Virginia State Police has received calls from two state citizens and one from New York about Internal Revenue Service-impersonation telephone calls... Read more >

Category: General Business

Beware of evolving income tax scams

Source: usatoday.com - Apr 1, 2017

Income tax identity theft continues to be a big problem for the IRS and the individual victims of this crime. It happens when a criminal who has managed to steal someone’s Social Security number... Read more >

Category: General Business

Louisiana governor, lawmakers targeting tax breaks for cuts

Source: sfgate.com - Apr 1, 2017

ATON ROUGE, La. (AP) — Hundreds of millions of dollars Louisiana doles out in tax breaks each year are squarely in lawmakers' crosshairs as they consider rewriting the state's tax laws. New... Read more >

Category: General Business

Understanding Your Form 1099-K

Source: irs.gov - Mar 31, 2017

Form 1099-K, Payment Card and Third Party Network Transactions, is an IRS information return used to report certain payment transactions to improve voluntary tax compliance. You should receive... Read more >

Category: General Business

Refund Donations - Did You Know?

Source: rev.state.la.us - Mar 31, 2017

Did you know that you can donate to any of 22 funds when you file your Louisiana state individual income taxes? The tax return includes the names of organizations to which you can donate all or... Read more >

Category: General Business

For Small Business Startups, IRS Explains New Option for Claiming Research Credit; Option Still Available for Those That Already Filed

Source: irs.gov - Mar 31, 2017

IR-2017-70, March 30, 2017 WASHINGTON –The Internal Revenue Service today issued interim guidance explaining how eligible small businesses can take advantage of a new option enabling them to... Read more >

Category: General Business