News

Safe Harbor 401(k) [DEADLINE OCT 1ST]

Source: edwardjones.com - Sep 20, 2017

The last thing you need is added complexity when it comes to running your business. A Safe Harbor 401(k) can be a complicated retirement plan option – so let us take the guesswork out of the... Read more >

Category: General Business

Your next worry after the Equifax breach: Fake tax returns

Source: cnbc.com - Sep 19, 2017

After the Equifax data breach, year-end tax planning may be even more important. Social Security numbers were among the data exposed in the Equifax hack, which affects up to 143 million people.... Read more >

Category: General Business

Do DREAMers Pay Taxes? Undocumented Immigrants Contribute Billions To The Economy

Source: romper.com - Sep 6, 2017

On Tuesday, President Donald Trump and his administration officially announced that DACA — also known as the Deferred Action for Childhood Arrivals program — is ending. As part of a statement... Read more >

Category: General Business

IRS offers tax relief to leave-based donation programs for Hurricane Harvey victims

Source: taxprotoday.com - Sep 6, 2017

The Internal Revenue Service said Tuesday it is giving special relief to support leave-based donation programs as a way of assisting victims of Hurricane Harvey. The programs are similar to ones... Read more >

Category: General Business

Opinion: Don’t forget about amendments this fall

Source: starfl.com - Sep 6, 2017

Candidates on Louisiana’s Oct. 14 primary ballot are about to drop a few million dollars over the next month or so to produce a statewide voter turnout that will likely come in at around 20... Read more >

Category: General Business

Baton Rouge tax preparer arrested on felony fraud charges

Source: revenue.louisiana.gov - Sep 6, 2017

BATON ROUGE – A Baton Rouge woman faces felony charges for allegedly falsifying hundreds of state income tax returns in a fraud scheme that cost Louisiana taxpayers more than $120,000. Naomi... Read more >

Category: General Business

You may owe taxes on an inheritance

Source: marketwatch.com - Sep 6, 2017

Most of the time, only big estates feel the bite of taxes — odds are you won’t have to pay them. But there are exceptions, and the specifics of your inheritance situation can dramatically... Read more >

Category: General Business

Why it’s misguided to compare taxes in Louisiana and Texas

Source: businessreport.com - Sep 1, 2017

When it comes to tax burdens—and other measures of governance and economic development—is it fair to compare Louisiana to Texas? That’s the question Business Report explores in its new cover... Read more >

Category: General Business

Louisiana’s sales tax holiday on guns, ammo kicks off Labor Day weekend

Source: guns.com - Sep 1, 2017

Louisiana’s ninth annual sales tax holiday on guns, ammunition and hunting supplies kicks off Friday statewide. For 48 hours only, retailers will offer a 2-percent discount on the state’s 5... Read more >

Category: 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