News

Even Reagan Couldn't Kill This Tax Deduction

Source: bloomberg.com - Aug 9, 2017

Republicans eager to put the health-care debacle behind them are looking forward to one of their signature strengths: tax reform. Trump has actually done some of the homework here, having unveiled... Read more >

Category: General Business

‘LaPolitics’: Lawsuit challenges New Orleans booze tax; speculation swirls over Senate seat

Source: businessreport.com - Aug 9, 2017

A civil district court hearing has been scheduled for Aug. 8 to explore the constitutionality of what is being called a gallonage tax in New Orleans. The tax, according to critics, directly impacts... Read more >

Category: General Business

Gulf Coast refiners fear loss of Venezuelan oil

Source: houstonchronicle.com - Aug 9, 2017

Texas' Gulf Coast refineries are struggling to adjust to falling supplies of Venezuelan crude oil, and stronger U.S. sanctions that would cut supplies from the South American nation would disrupt... Read more >

Category: General Business

$1 billion budget gap topic of John Bel Edwards meeting with Louisiana business leaders

Source: nola.com - Aug 9, 2017

Gov. John Bel Edwards met behind closed doors with 21 Louisiana business leaders at the Capitol on Tuesday (Aug. 8) to discuss the state government's looming $1 billion-plus budget gap. The... Read more >

Category: General Business

Will New Orleans flooding make car insurance rates go up?

Source: nola.com - Aug 8, 2017

The water from Saturday's flooding in New Orleans overwhelmed streets and managed to seep into a fair share of homes, restaurants and businesses from Mid-City to the 7th Ward, Lakeview and Gentilly... Read more >

Category: General Business

Don't be fooled by phony landowners

Source: republican-eagle.com - Aug 8, 2017

With summer moving along quickly and a new school year not too far off on the horizon, many college students are planning on moving on from college dorms — or their parents' homes — to find... Read more >

Category: General Business

Uncle Sam is about to redefine which Americans are rich — again

Source: cnbc.com - Aug 8, 2017

Whether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree... Read more >

Category: General Business

Louisiana teachers to face tougher job reviews in new school year under controversial evaluations

Source: theadvocate.com - Aug 7, 2017

Louisiana public schools are starting the 2017-18 academic year anew, and students will not be the only ones facing a new challenge. After a four-year moratorium, around 15,000 of the state's... Read more >

Category: General Business

Promises but problems: Here's how Obamacare helps one Louisiana resident, hurts another

Source: theadvocate.com - Aug 7, 2017

For Margie Ohmer, there is no debate. The federal health care law helped save her life. It certainly saved her hair salon business. Just before Thanksgiving in 2015, the owner of Bella Gente... Read more >

Category: General Business

New Orleans flooding: What we know Monday morning

Source: nola.com - Aug 7, 2017

New Orleans is still drying out after up to almost 10 inches of rain fell in parts of the city Saturday. Here's what we know Monday morning (Aug. 7): I-610 exit at Franklin closed The exit ramp... Read more >

Category: General Business

Area customers, businesses look forward to La. Sales Tax Holiday

Source: iberianet.com - Aug 4, 2017

Anything from a little break to a big reduction in state sales tax awaits those who shop for back-to-school supplies, electronics, appliances and most other retail purchases Friday and Saturday.... Read more >

Category: General Business

Real Madrid's Cristiano Ronaldo: 'I trust in my advisers' regarding taxes

Source: espnfc.com - Aug 4, 2017

Cristiano Ronaldo said in court on Monday that he had complete trust in his advisers, adding that they "are the best" and have told him he is not guilty of tax fraud, according to a transcript that... Read more >

Category: General Business

Some Amazon sellers can avoid paying back sales taxes through a temporary amnesty program

Source: cnbc.com - Aug 4, 2017

Amazon sellers owing an estimated $2 billion in uncollected sales taxes are being offered the chance to waive those obligations as part of a new multi-state agreement. Thirteen states came... Read more >

Category: General Business

The Educator Expenses Tax Deduction

Source: thebalance.com - Aug 4, 2017

If you’re a teacher and you’ve paid for classroom supplies or other materials out of your own pocket – and many do – the Internal Revenue Service allows you to claim these expenses as a tax... Read more >

Category: General Business

'Something stinks,' official says and demands changes at Louisiana Tax Commission

Source: wbrz.com - Aug 1, 2017

ST. FRANCISVILLE- West Feliciana Parish President Kevin Couhig sent a scathing letter to Governor John Bel Edwards this week demanding change at the Louisiana Tax Commission. He claims his parish... Read more >

Category: General Business