News

Tax refunds may get hit due to health law credits

Source: usatoday.com - Aug 25, 2014

WASHINGTON (AP) — Taxes? Who wants to think about taxes around Labor Day? But if you count on your tax refund and you're one of the millions getting tax credits to help pay health insurance... Read more >

Category: IRS

Obamacare Enrollees Facing Reduced Tax Refunds

Source: newsmax.com - Aug 25, 2014

Many people who received tax credits to pay for their Obamacare coverage won't get income tax refunds or will see much smaller refunds than expected, USA Today reports. Worse still, noted George... Read more >

Category: IRS

Low pressure system heads for Caribbean, high chance of developing: 1 p.m. update

Source: nola.com - Aug 20, 2014

Forecasters at the National Hurricane Center on Wednesday afternoon (Aug. 20) are watching a low pressure system near the Caribbean. The system, they said, has a high chance (60 percent) of... Read more >

Category: Louisiana

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

IRS Repeats Warning about Phone Scams

Source: irs.gov - Aug 15, 2014

IR-2014-81, Aug. 13, 2014 WASHINGTON — The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls... Read more >

Category: IRS

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

IRS Offers More Incentives for Tax Whistleblowers

Source: accountingtoday.com - Aug 12, 2014

The Internal Revenue Service has expanded its awards to whistleblowers, allowing tipsters to claim a potentially greater share of the proceeds the IRS collects on extra tax revenue. The final... Read more >

Category: IRS

More Americans Quit US Before FATCA Begins

Source: tax-news.com - Aug 11, 2014

According to Treasury Department statistics published in the Federal Register, a record number of 1,577 United States taxpayers gave up their passports or their green cards in the first half of... Read more >

Category: IRS

IRS Clarifies US Energy Production Tax Credit Compliance

Source: tax-news.com - Aug 11, 2014

The United States Treasury Department and the Internal Revenue Service (IRS) have issued a notice clarifying what it means to "begin construction" on a project for the purposes of the renewable... Read more >

Category: IRS

IRS Imposes New Limits On Tax Refunds By Direct Deposit

Source: forbes.com - Aug 11, 2014

While taxpayers were popping returns into the mail this year, scammers were busy trying to figure out how to cash in. The Internal Revenue Service reported that, by Tax Day, they were investigating... Read more >

Category: IRS

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

Tax Free Weekend 2014: Dates And List Of States Offering No Sales Tax In August

Source: ibtimes.com - Jul 31, 2014

It may feel as though summer just started, but it’s already time to begin shopping for back-to-school. Thankfully, this weekend, when many states will celebrate Tax Free Weekend, is your chance... Read more >

Category: Louisiana