News / General Business

Here's why that big tax refund isn't great news for you

Source: cnbc.com - Mar 29, 2017

A large tax refund may feel like free money, but it isn't. As of March 17, the Internal Revenue Service has issued 62.5 million refunds, averaging out to $2,931. The federal agency expects to... Read more >

Category: General Business

10 things taxpayers should know before April 18

Source: taxprotoday.com - Mar 29, 2017

The IRS regularly shares tips about different credits and deductions that can reduce a tax bill – and as well as scams your clients should look out for. Here are 10 things the IRS is... Read more >

Category: General Business

If you cashed out on stocks in 2016, be aware of this tax trap

Source: cnbc.com - Mar 28, 2017

If you finally cashed in some long-held stocks last year, you'll need to do some detective work — or face a steep capital gains tax. By now, you should have received most of the tax documents... Read more >

Category: General Business

What we know (and don't) about Trump's tax reform plan

Source: abcnews.go.com - Mar 28, 2017

After President Trump's bid to repeal and replace Obamacare -- a hallmark campaign promise -- flopped in the U.S. House last week, Republicans will look to tax reform in an attempt to deliver the... Read more >

Category: General Business

New Orleans startup's vision for resume-free hiring wins $100,000 Coulter IdeaPitch

Source: nola.com - Mar 28, 2017

In four years, Acrew has grown from concept to a thriving "resume-less" job marketplace for hourly workers with a fresh brand and more than 50 regional employers using its video-based hiring... Read more >

Category: General Business

Here's how Louisiana plans to revamp nation's highest, most convoluted sales tax

Source: theadvocate.com - Mar 27, 2017

Here’s something to ponder the next time you dine out or shop for a new shirt: Louisiana has the highest sales tax rate in the country. The bad news doesn’t end there. Louisiana easily has the... Read more >

Category: General Business

Attn Retirees: Don't Miss This April 1 Tax Deadline

Source: foxbusiness.com - Mar 27, 2017

While Uncle Sam’s IRS tax deadline is weeks away, some seniors face an important retirement withdrawal deadline next week, and if they miss it there will be a steep price to pay. Anyone who... Read more >

Category: General Business

What You Need to Know About 401(k) Taxes in 2017

Source: fool.com - Mar 27, 2017

Whether you contribute to a 401(k) that's run by your employer or are currently retired and withdrawing money from a 401(k), it's important to understand the tax structure of these accounts. Here's... Read more >

Category: General Business

Here's What Older Americans Need to Know About the Age Tax

Source: fool.com - Mar 24, 2017

Utter the word "Obamacare" in a crowded room, and you'll get a host of mixed reactions (and perhaps some choice words). But the proposed Republican version -- the American Health Care Act -- is... Read more >

Category: General Business

Amazon.com wins $1.5 billion tax dispute over IRS

Source: cnbc.com - Mar 24, 2017

Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the... Read more >

Category: General Business

Trump administration approves Keystone XL pipeline

Source: cnn.com - Mar 24, 2017

Washington (CNN)President Donald Trump announced Friday that his administration has approved the Keystone XL pipeline, reversing the Obama administration's decision to block the controversial oil... Read more >

Category: General Business

Health saving accounts can save tax dollars

Source: nj.com - Mar 24, 2017

If you've been unhappy with your employer's health plan offerings, you're not alone. But if you have a high deductible plan, your employer probably offers a chance for you to save on taxes. We're... Read more >

Category: General Business

Should you pay your income taxes by credit card? Um, no

Source: cbsnews.com - Mar 24, 2017

A big tax bill is like hay fever. You don’t want it, you try to avoid it — and then April rolls around and it hits you hard. Now you have to figure out how to take care of it. Taxes have to be... Read more >

Category: General Business

Film Tax Credit Program Could Be Cut In Regular Session

Source: kpel965.com - Mar 24, 2017

Louisiana’s film tax credit program could be on its last reel, as Alexandria Senator Jay Luneau plans to file legislation that would cut the program. Luneau says in these tough budget times,... Read more >

Category: General Business

Why is Gov. John Bel Edwards pushing this new, specific method of taxing Louisiana businesses?

Source: theadvocate.com - Mar 22, 2017

Gov. John Bel Edwards settled on proposing to replace the state’s corporate tax on profits with a corporate tax on sales in part because voters in November rejected a different overhaul of the... Read more >

Category: General Business