News

The Big Easy's Business Leap Forward New Orleans has been reborn as a tech town. Really.

Source: online.wsj.com - Mar 20, 2012

By DOUGLAS MCCOLLAM It's been 10 years, but Tim Williamson's face still registers incredulity as he recalls the conversation. He and several other young New Orleans businessmen had dreamed up... Read more >

Category: General Business

Strange But Legit Tax Deductions

Source: forbes.com - Mar 20, 2012

If you’re searching high and low for tax deductions, take comfort from others who’ve done well at tax time. Of course, no one wants to be challenged, which argues for keeping to the straight... Read more >

Category: IRS

Corporate Tax Deadline Nears

Source: forbes.com - Mar 15, 2012

If you’re a math geek like me, it didn’t go unnoticed that today is π day, or pi day (note to my brother: that’s pi, not pie). Yep, every year, on March 14, those of us who used to be on the... Read more >

Category: IRS

Lawmakers, in rare show of unity, pass small business bill

Source: reuters.com - Mar 15, 2012

In a rare display of election-year bipartisanship, the House of Representatives voted overwhelmingly on Thursday to make it easier for small businesses, the engine of the economy, to raise capital... Read more >

Category: General Business

Retailers: U.S. Department of State Issuing New Diplomatic Tax Exemption Cards

Source: dor.wa.gov - Mar 15, 2012

Larry's note: This one's from last year, but thought our retail clients might be interested. Also, follow this link to see what the new cards look like:... Read more >

Category: General Business

Fla. man indicted in N.O. in tax fraud scheme

Source: wwltv.com - Mar 12, 2012

NEW ORLEANS (AP) — A Florida man has been charged in New Orleans with engaging in a tax fraud scheme. A federal grand jury on Friday indicted 48-year-old Yahia Asad, of Tallahassee, Fla., on one... Read more >

Category: IRS

Tax Scam Promises Churchgoers 'Free Money'

Source: wdsu.com - Mar 12, 2012

NEW YORK (CNNMoney) -- The IRS is cracking down on scammers promising elderly and low-income churchgoers "free money" by urging them to claim fraudulent tax refunds. The nationwide scheme, which... Read more >

Category: IRS

IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative

Source: irs.gov - Mar 12, 2012

WASHINGTON — The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the... Read more >

Category: General Business

Tax Scam Warning: Beware of Phony Refund Scheme Abusing Popular College Tax Credit; Senior Citizens, Working Families and Church Members Are Targets

Source: irs.gov - Mar 12, 2012

WASHINGTON –– The Internal Revenue Service today warned senior citizens and other taxpayers to beware of an emerging scheme tempting them to file tax returns claiming fraudulent refunds. The... Read more >

Category: IRS

Corporate tax credits cost state $3 billion in five years, legislative auditor says

Source: nola.com - Mar 5, 2012

ublished: Monday, March 05, 2012, 11:07 AM Updated: Monday, March 05, 2012, 12:00 PM Jeff Adelson, The Times-Picayune By Jeff Adelson, The Times-Picayune Corporate tax credits cost Louisiana... Read more >

Category: Louisiana

18 tax credits and deductions to take this year

Source: cbsnews.com - Mar 5, 2012

By Jill Schlesinger Even the most organized people hate tax season, but this year Uncle Sam has a special present: two extra days to prepare. Taxpayers will have until Tuesday, April 17 to... Read more >

Category: IRS

2011 Income Tax Tips

Source: candofinance.com - Mar 5, 2012

By Michael DiazΙ Published February 13, 2012 With tax season quickly approaching, many taxpayers are scrambling to figure out which tax deductions and tax credits they might be eligible to claim... Read more >

Category: General Business

Steve Case, Walter Isaacson to headline New Orleans Entrepreneur Week

Source: nola.com - Feb 29, 2012

Published: Sunday, February 26, 2012, 1:00 PM The Times-Picayune By The Times-Picayune Former America Online Chairman Steve Case and Aspen Institute CEO Walter Isaacson will headline next month's... Read more >

Category: General Business

The Tax Break That Millions Miss Out On

Source: dailyfinance.com - Feb 29, 2012

By Dan Caplinger Posted 5:00PM 02/21/12 There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of those who... Read more >

Category: IRS

5 tricky tax challenges

Source: money.cnn.com - Feb 29, 2012

By Amy Feldman@MoneyFebruary 28, 2012: 5:42 AM ET (MONEY Magazine) -- With the Bush tax cuts slated to expire at the end of this election year, consider this filing season the calm before the tax... Read more >

Category: IRS