News

Variable Annuities -- What's the Tax Deferral Worth?

Source: forbes.com - Sep 10, 2014

How marvelous is tax-deferred investing! That is the selling pitch with tax-deferred annuities. Your assets expand under the protection of a tax shelter. You owe tax when you eventually pull the... Read more >

Category: General Business

Georgia, Louisiana May Benefit From End of North Carolina’s Production Tax Credits in 2015

Source: variety.com - Sep 4, 2014

The sun may be setting soon on North Carolina as a site for movie and TV production. But its loss will likely be Georgia’s and Louisiana’s gain. On Aug. 20, North Carolina lawmakers decided to... Read more >

Category: General Business

Tulane hosting talk on organizing corporate boards for family-owned businesses

Source: nola.com - Sep 4, 2014

A presentation on how best to organize governing boards for family-owned businesses takes place at Tulane University on Sept. 12. The Tulane Family Business Center is hosting a speaker, JoAnne... Read more >

Category: General Business

Louisiana Gov. Jindall Uses Taxpayers Money For Legal Counsel

Source: chinatopix.com - Sep 4, 2014

Louisiana Rep. Bobby Jindal (R) filed a lawsuit against the U.S. Department of Education regarding the Common Core program, and is using taxpayers money to pay for his legal aid for which he is... Read more >

Category: Louisiana

Back-to-School Tax Credits

Source: irs.gov - Sep 4, 2014

IRS Summertime Tax Tip 2014-23, August 25, 2014 Are you, your spouse or a dependent heading off to college? If so, here’s a quick tip from the IRS: some of the costs you pay for higher education... Read more >

Category: IRS

BioFund passes $2 million in loans for startups in Southeast Louisiana

Source: nola.com - Aug 28, 2014

The low-interest loan program called the BioFund has issued more than $2 million in loans to 12 businesses that account for 135 jobs in Southeast Louisiana, said a progress report released... Read more >

Category: Louisiana

Early tax planning may be needed because of the Affordable Care Act

Source: washingtonpost.com - Aug 28, 2014

Having gone through tax season not that long ago, you may not want to face any issues related to your tax situation until next year. But some of you may need to do some tax planning now... Read more >

Category: General Business

California drivers brace for costly new gas tax

Source: foxnews.com - Aug 28, 2014

Californians already pay the nation's second highest gas tax at 68 cents a gallon -- and now it will go up again in January to pay for a first-in-the-nation climate change law. "I didn't know... Read more >

Category: General Business

IRS Recovers $576 Million in Erroneous Tax Refunds from Outside Leads

Source: accountingtoday.com - Aug 27, 2014

The Internal Revenue Service recovered $576 million in erroneously issued tax refunds last year thanks to outside tips provided by financial institutions and other sources such as tax preparers,... Read more >

Category: IRS

2014 Louisiana Second Amendment Weekend Sales Tax Holiday: September 5-7

Source: revenue.louisiana.gov - Aug 25, 2014

The 2014 Louisiana Second Amendment Weekend Sales Tax Holiday takes place Friday, September 5, through Sunday, September 7. Act 453 of the 2009 Regular Session of the Louisiana Legislature enacted... Read more >

Category: Louisiana

Burger King stock soars on whopper of a tax deal

Source: usatoday.com - Aug 25, 2014

Burger King is working on a whopper of a business deal. The burger chain is in talks with Canadian restaurant chain Tim Hortons about merging, a plan that, if accomplished, would create the... Read more >

Category: General Business

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