News

Live music permit crackdown unplugs entertainment at two popular New Orleans bars

Source: nola.com - Aug 9, 2012

By Claire Galofaro, The Times-Picayune The chalk-written sign outside a venerated city dive bar -- typically reserved for its busy calendar of live music acts -- now instead carries an apology to... Read more >

Category: Louisiana

Small Businesses That Made the Mars Mission Possible

Source: inc.com - Aug 7, 2012

Talk about an untapped market. These businesses are making their mark 154 million miles from Earth. When NASA's Curiosity rover successfully landed on Mars Monday, it made history as the largest... Read more >

Category: General Business

Local lenders featured in American Banker cover story

Source: nola.com - Aug 7, 2012

By Rebecca Mowbray, The Times-Picayune The cover story of the August edition of American Banker magazine, "How Bank M&A is reshaping the Southeast," features several local banks that are... Read more >

Category: Louisiana

US Lawmakers Look To Abolish Olympic Medal Taxes

Source: tax-news.com - Aug 7, 2012

by Leroy Baker, Tax-News.com, New York 07 August 2012 After Americans for Tax Reform (ATR) pointed out that American individuals winning medals at the Olympics would be liable for United States... Read more >

Category: IRS

Win a medal, pay the price

Source: msn.foxsports.com - Aug 3, 2012

Go for the gold — but should you succeed, be prepared to dole out some gold of your own. The U.S. Olympic Committee awards prize money to American medal winners: $25,000 for gold, $15,000 for... Read more >

Category: General Business

Vacant jobs looking for qualified workers in Louisiana

Source: wwl.com - Aug 3, 2012

Shana Rose Reporting Even with unemployment over 8% nationally, there are still a lot of jobs that employers are having trouble filling both nationally and in Louisiana. Manpower Group recently... Read more >

Category: General Business

Tax Scam: IRS Pays Out Billions in Fraudulent Refunds

Source: cnbc.com - Aug 3, 2012

The IRS is paying out billions of dollars in fraudulent tax refunds to identity thieves; a problem that the tax service’s inspector general told CNBC is a “growing problem” involving numbers... Read more >

Category: IRS

US Congress Discusses Online Sales Taxes

Source: tax-news.com - Jul 31, 2012

by Mike Godfrey, Tax-News.com, Washington 27 July 2012 The United States House of Representatives Committee on the Judiciary has held a hearing to consider proposed legislation which would enable... Read more >

Category: General Business

What the IRS Does and Doesn’t Consider a Business Expense

Source: smallbusiness.foxbusiness.com - Jul 31, 2012

When it comes to determining if a transaction is tax deductible, small business owners need to keep one rule in mind: The IRS allows all “ordinary and necessary” business expenses to be... Read more >

Category: IRS

2012 Louisiana Sales Tax Holiday - Friday, August 3, & Saturday, August 4

Source: revenue.louisiana.gov - Jul 28, 2012

Individuals What is the Sales Tax Holiday? The Louisiana Sales Tax Holiday provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items of... Read more >

Category: Louisiana

2 day Louisiana sales tax holiday aimed at helping small businesses recover from recession

Source: washingtonpost.com - Jul 28, 2012

By Associated Press, Published: July 25AP BATON ROUGE, La. — Louisiana’s upcoming, two-day state sales tax holiday is aimed at helping small businesses recover from the recession. On Aug.... Read more >

Category: Louisiana

IRS Staffing for Health Care Reform Called into Question

Source: accountingtoday.com - Jul 27, 2012

By Michael Cohn The Internal Revenue Service needs to do a better job of estimating its staffing needs for implementing the Affordable Care Act, according to a new government report. The report,... Read more >

Category: IRS

Some lose homes over a pittance in back taxes, report says

Source: nola.com - Jul 10, 2012

The elderly and other vulnerable homeowners are losing their homes because they owe as little as a few hundred dollars in back taxes, according to a report from a consumer group. Outdated state... Read more >

Category: General Business

Prepare for Hurricanes, Disasters by Safeguarding Tax Records

Source: irs.gov - Jul 10, 2012

WASHINGTON — With the early start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking... Read more >

Category: IRS

Obama Repeats Call For Only Middle-Class Tax Cuts

Source: tax-news.com - Jul 10, 2012

by Mike Godfrey, Tax-News.com, Washington 10 July 2012 United States President Barack Obama has repeated his call for the Bush tax cuts to be renewed only for ‘middle class’ Americans, and... Read more >

Category: IRS