News / General Business

Ascension assessor uses technology to more accurately determine property tax values

Source: nola.com - Aug 19, 2014

GONZALES (AP) — Knowledge is power — and, in Ascension Parish, it apparently also means a lot more tax revenue for local government. With a trove of new data collected earlier this year... Read more >

Category: General Business

Louisiana one of seven states to record significant rise in unemployment last month, magazine reports

Source: nola.com - Aug 19, 2014

Louisiana was one of seven states with "statistically significant" increases in unemployment last month, Governing magazine reports. Louisiana joined Georgia, South Carolina, Tennessee, Vermont,... Read more >

Category: General Business

Tax Burden in U.S. Not as Heavy as It Looks, Report Says

Source: dealbook.nytimes.com - Aug 19, 2014

For years, chief executives have complained bitterly about the United States corporate tax code, arguing that it is too complicated and that rates are too high. The issue has reached a near boiling... Read more >

Category: General Business

US Corporate Capex Not Affected By Tax Incentive Renewal

Source: tax-news.com - Aug 15, 2014

Bloomberg BNA has issued a new study that cast doubts on the efficacy of United States tax incentives in boosting corporate capital expenditure, and pointed out the relative indifference of... Read more >

Category: General Business

Tax Dodgers' Land for Sale; May Be Booby-Trapped

Source: abcnews.go.com - Aug 15, 2014

The New Hampshire compound of a tax-evading couple convicted of amassing an arsenal of weapons and holding federal law enforcement officials at bay for months is being sold at auction — even as... Read more >

Category: General Business

Studyin' up on back-to-school tax breaks

Source: philly.com - Aug 11, 2014

WASHINGTON - It's back-to-school shopping season, meaning parents everywhere are dragging their kids to the store to stock up on notebooks and supplies or to nab the perfect first-day-of-school... Read more >

Category: General Business

Fictitious Applicants Able to Get U.S. Health-Insurance Tax Credits

Source: online.wsj.com - Jul 25, 2014

Fictitious applicants who went on the federal exchange set up under the Affordable Care Act were able to fraudulently get approved for coverage and health-insurance tax credits, according to a new... Read more >

Category: General Business

Tale of the Tapes: IRS head confirms investigators have found backup tapes in Lerner probe

Source: foxnews.com - Jul 25, 2014

The head of the IRS confirmed Wednesday that investigators looking into missing emails from ex-agency official Lois Lerner have found and are reviewing "backup tapes" -- despite earlier IRS claims... Read more >

Category: General Business

Appeals court panels issue split decision on Obamacare

Source: usatoday.com - Jul 25, 2014

WASHINGTON — A divided federal appeals court panel dealt a potentially major blow to President Obama's health care law Tuesday, ruling that participants in health exchanges run by the federal... Read more >

Category: General Business

Obama: Tax-fleeing companies ‘wrong’

Source: spokesman.com - Jul 25, 2014

LOS ANGELES – President Barack Obama urged Congress on Thursday to end a controversial practice that allows U.S. companies to relocate abroad to avoid paying billions of dollars in federal... Read more >

Category: General Business

Six Reasons Why You Should File Now vs. Filing for an Extension

Source: huffingtonpost.com - Apr 1, 2014

Every April, taxpayers procrastinate and wait until the last minute to file their tax returns. According to the IRS about 28 percent of taxpayers wait until these last weeks to prepare their... Read more >

Category: General Business

IRS warns of biggest tax scam ever

Source: cbsnews.com - Mar 21, 2014

By/Kathy Kristof/MoneyWatch/March 20, 2014, 5:48 PM As if taxpayers don't have enough to worry about. Thousands of Americans have been conned out of more than $1 million by crooks posing as IRS... Read more >

Category: General Business

IRS Asks Taxpayers to Resist Calling Next Week

Source: accountingtoday.com - Feb 14, 2014

The Internal Revenue Service is urging taxpayers to resist the urge to call the agency for answers to tax questions as it anticipates an avalanche of phone calls next week and is instead asking... Read more >

Category: General Business

IRS Loses Appeal on New Rules for Tax Preparers

Source: abcnews.go.com - Feb 13, 2014

By MATTHEW BARAKAT Associated Press Associated Press The IRS on Tuesday lost a federal appeal in a legal battle over its effort to institute competency exams and other new regulations for as many... Read more >

Category: General Business

Earned Income Tax Credit; Do I Qualify?

Source: irs.gov - Feb 6, 2014

FS-2014-4, January 2014 The Earned Income Tax Credit (EITC) is a financial boost for people working hard to make ends meet. Millions of workers may qualify for the first time this year due to... Read more >

Category: General Business