News

IRS Marks National Military Appreciation Month; Free Tax Guide Focuses on Tax Benefits for Members of the Military

Source: irs.gov - May 24, 2016

IR-2016-77, May 19, 2016 WASHINGTON — May is National Military Appreciation Month, and the Internal Revenue Service wants members of the military and their families to know about the many tax... Read more >

Category: IRS

IRS to Hold Webinar on May 25 to Assist International Taxpayers; June Filing Deadlines Nearing for Most Americans Abroad

Source: irs.gov - May 24, 2016

IR-2016-79, May 20, 2016 WASHINGTON — The Internal Revenue Service on Wednesday will hold a free online, web-based information session to assist U.S. overseas taxpayers in understanding their... Read more >

Category: IRS

Louisiana residents: Sales tax holiday for hurricane supplies scrapped

Source: wdsu.com - May 23, 2016

BATON ROUGE, La. —Louisiana's revenue department is trying to get out the word that the state won't be holding a sales tax holiday for hurricane preparedness supplies. The holiday normally takes... Read more >

Category: Louisiana

Senate Hearing Criticizes IRS's Anti-ID Tax Fraud Efforts

Source: tax-news.com - Apr 27, 2016

The US House of Representatives Ways and Means Subcommittee on Oversight held a hearing on April 19 to review the 2016 tax filing season, which ended on April 18, and, in particular, to discuss... Read more >

Category: General Business

Over Half Of US Taxpayers Fear ID Theft Loss

Source: tax-news.com - Apr 27, 2016

Half of US adults believe it is at least "somewhat likely" that they will fall victim to some form of identity theft that results in financial loss in 2017, according a poll from the American... Read more >

Category: General Business

15 Most Overlooked Tax Deductions

Source: thinkadvisor.com - Apr 2, 2016

As tax day approaches, there’s often a scramble to find just one more tax deduction to lighten the burden on the bottom line. While leaving the search till the last minute is definitely not the... Read more >

Category: IRS

Tax Procrastinators (and Everybody Else), Know This

Source: bloomberg.com - Mar 29, 2016

Your dental surgery. Your colonoscopy. Your income taxes. There's always a massive bout of procrastination across the U.S. in the weeks leading up to Tax Day, which is April 18 this year. This... Read more >

Category: IRS

Last Minute Tax Tips

Source: theweeklychallenger.com - Mar 29, 2016

Even though it’s common knowledge that tax day is April 15 (April 18 for filing 2015 taxes in 2016), many people wait until the last minute to file their income taxes. According to the Internal... Read more >

Category: IRS

'Nanny Tax' Could Trip Up More Taxpayers This Year

Source: nbcnews.com - Mar 25, 2016

by Martha C. White Should you be worried about the dreaded "nanny" tax? While the growing gig economy implicitly treats service providers as independent contractors, families who hire people to... Read more >

Category: IRS

Consumer Alert: Scammers Change Tactics, Once Again

Source: irs.gov - Mar 23, 2016

IR-2016-40, March 14, 2016 WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, but now the IRS is receiving new reports... Read more >

Category: General Business

IRS announces tax relief for Louisiana flood victims

Source: bossierpress.com - Mar 21, 2016

NEW ORLEANS — Victims of the severe storms and flooding that took place beginning March 8, 2016 in parts of Louisiana may qualify for tax relief from the Internal Revenue Service. The President... Read more >

Category: Louisiana

Who will pay? Louisiana tax bills target smokers, drinkers, travelers, businesses, more

Source: theneworleansadvocate.com - Mar 11, 2016

Louisiana's lawmakers wrapped up work Wednesday in a special legislative session aimed at balancing this year's budget. Here's a look at some of the bills that passed and that failed to win... Read more >

Category: General Business

Louisiana tax refunds won't be delayed with budget crisis, official says

Source: nola.com - Mar 11, 2016

Louisiana residents expecting a tax refund from the state this spring should not be worried about having the money seized or delayed to deal with the state's budget crisis, a top state official... Read more >

Category: Louisiana

Delayed state tax refunds in Illinois, Louisiana & Utah because of tougher tax identity theft procedures

Source: dontmesswithtaxes.com - Mar 11, 2016

The 43 states that collect some type of income tax from their residents plan to follow the Internal Revenue Service schedule and start their 2016 tax-filing seasons on Jan. 19. But when it comes... Read more >

Category: Louisiana

Half of Free E-File Services Don’t Protect Consumers Enough: Audit

Source: accountingtoday.com - Feb 26, 2016

Six of 13 IRS-approved free e-filing services Web sites failed in taking steps to help protect consumers from fraudulent and malicious e-mail, according to a recent audit. The Online Trust... Read more >

Category: General Business