News

Together Louisiana, state’s assessors team up to defeat major corporate tax-giveaway scheme

Source: weeklycitizen.com - Jun 5, 2017

At a Senate committee hearing last week, Together Louisiana and the state’s assessors teamed up to deal an unlikely defeat to a proposed constitutional amendment backed by one of the most... Read more >

Category: General Business

Louisiana's film tax credit program to continue, with a cap

Source: wwltv.com - Jun 5, 2017

BATON ROUGE - Lawmakers have reached a deal to place a long-term cap on, but not get rid of, spending for Louisiana's film tax credit program, which is both derided as wasteful spending and... Read more >

Category: General Business

Annual Louisiana Sales Tax Holiday for Hurricane Preparedness Supplies

Source: knoe.com - May 26, 2017

LOUISIANA (Press Release) - The Annual Louisiana Sales Tax Holiday for Hurricane Preparedness Supplies is scheduled for Saturday, May 27th beginning at 12:01 am, through Sunday, May 28th ending at... Read more >

Category: General Business

Trump officials under fire over vague tax proposals

Source: reuters.com - May 26, 2017

Missing from President Donald Trump's budget proposal this week was an annual report, known as the Green Book, that presidents have issued for many years to spell out their tax goals in detail, an... Read more >

Category: General Business

Keep Coming Back: Another Louisiana Special Session Expected

Source: usnews.com - May 25, 2017

BATON ROUGE, La. (AP) — Louisiana lawmakers have grappled with financial woes across three special legislative sessions since their terms began fewer than 18 months ago. No end's in sight, with... Read more >

Category: General Business

A Proposed New Tax, Mainly On Latinos, To Pay For Trump's Border Wall

Source: npr.org - May 25, 2017

One of President Trump's boldest, most ambitious proposals on the campaign trail was to build a wall along the Southern border and get Mexico to pay for it. Amid the tumult of Trump's first few... Read more >

Category: General Business

Messi's Spanish jail sentence for tax fraud to stand

Source: bbc.com - May 24, 2017

Messi and his father Jorge, who manages his finances, were both convicted in 2016 of defrauding Spain of €4.1m (£3.5m; $4.6m) in taxes. Jorge Messi's jail term was reduced because he paid some... Read more >

Category: General Business

How to know it’s really the IRS calling or knocking on your door

Source: irs.gov - May 24, 2017

Many taxpayers have encountered individuals impersonating IRS officials – in person, over the telephone and via email. Don’t get scammed. We want you to understand how and when the IRS contacts... Read more >

Category: General Business

529 plans: Simply the best way to save for college

Source: chicagotribune.com - May 24, 2017

Every family with young children should have a 529 college savings plan, even if they can only save a small amount every month. Yet a recent study shows that more than half of families trying to... Read more >

Category: General Business

Louisiana GOP leaders call for defeat of gas tax increase

Source: klfy.com - May 23, 2017

BATON ROUGE, La. (AP) — Louisiana’s Republican Party leaders are urging state lawmakers to reject a gas tax hike and have chastised GOP legislators who voted for the proposal. The party’s... Read more >

Category: General Business

Tax reform could reduce charitable giving by up to $13 billion per year

Source: cnbc.com - May 22, 2017

The charitable tax deduction has been a part of the U.S. tax code for a century. During last year's U.S. presidential campaign, then-candidate and now President Donald Trump proposed capping the... Read more >

Category: General Business

Housing Industry Panicking About Tax Reform

Source: forbes.com - May 22, 2017

The National Apartment Association and the National Multifamily Housing Council are concerned that looming tax reform might have a bad impact on the rental housing industry. So they have initiated... Read more >

Category: General Business

Bills on minimum wage, LGBT non-discrimination move to full state Senate for consideration

Source: bestofneworleans.com - May 18, 2017

The Senate Committee on Labor and Industrial Relations on Wednesday favorably moved two bills by Sen. Troy Carter, D-New Orleans — one to increase the state’s minimum wage to $8.50 an hour by... Read more >

Category: General Business

St. Tammany School Board will set tax rate Thursday

Source: nola.com - May 18, 2017

The St. Tammany Parish School Board will meet Thursday night (May 18). The agenda includes a resolution to set the millage rates for 2017 at 65.41 mills. CLICK SOURCE ABOVE FOR ENTIRE ARTICLE Read more >

Category: General Business

Louisiana House spurns first large money-raising tax bill

Source: neworleanscitybusiness.com - May 18, 2017

The Louisiana House has taken up its first significant proposal to fill a large, looming state budget hole. And lawmakers in the chamber resoundingly rejected it. Tuesday’s vote raises questions... Read more >

Category: General Business