News

IRS Forms 1099 Are Coming, The Most Important Tax Form Of All

Source: forbes.com - Jan 22, 2016

IRS Form 1099 season is here. No form is more critical to your tax return. You are almost guaranteed an audit or tax notice if you fail to report a Form 1099. Each Form 1099 is matched to your... Read more >

Category: IRS

January brings new, rewritten laws in Louisiana with the start of 2016

Source: wdsu.com - Jan 4, 2016

Nineteen new or rewritten state laws go into effect in January. Most of the changes happen on Friday on New Year's Day, but others begin when Gov.-elect John Bel Edwards takes office on Jan. 11.... Read more >

Category: General Business

2016 Tax Season Opens Jan. 19 for Nation’s Taxpayers

Source: irs.gov - Dec 23, 2015

IR-2015-139, Dec. 21, 2015 WASHINGTON ― Following a review of the tax extenders legislation signed into law last week, the Internal Revenue Service announced today that the nation’s tax season... Read more >

Category: IRS

Congress Easily Clears Massive Omnibus Spending Bill, Avoiding Shutdown

Source: govexec.com - Dec 18, 2015

In con­vin­cing bi­par­tis­an votes, the House and Sen­ate have passed an om­ni­bus to keep the gov­ern­ment fun­ded and a massive pack­age of tax break ex­ten­sions, wrap­ping up a... Read more >

Category: General Business

House Passes $1.1 Trillion Omnibus Spending Bill

Source: huffingtonpost.com - Dec 18, 2015

WASHINGTON -- In a vote that might have said more about the internal divisions of the parties than the House itself, Republicans and Democrats came together Friday to pass a sweeping $1.1 trillion... Read more >

Category: IRS

How you'll benefit from the new tax deal

Source: money.cnn.com - Dec 17, 2015

Parents, low-income families, students, teachers and mass commuters are among those who will benefit from a big tax deal that will be voted on by Congress in the next few days. While nothing is... Read more >

Category: IRS

FinCEN Further Extends Certain US FBAR Deadlines

Source: tax-news.com - Dec 11, 2015

The United States Financial Crimes Enforcement Network (FinCEN) has announced a further extension of time for certain individuals with signature authority over, but no financial interest in, some... Read more >

Category: General Business

Internet Tax Ban Likely To Become Permanent

Source: ww2.cfo.com - Dec 11, 2015

Sen. Ron Wyden, D-Ore., who in 1998 co-authored the original Internet Tax Freedom Act that was set to expire, on Wednesday said a ban on taxes on Internet goods and services, as well as Internet... Read more >

Category: General Business

U.S. Lawmakers Still Wrestling Over Tax Extenders

Source: ww2.cfo.com - Dec 11, 2015

With negotiations intensifying on Capitol Hill, uncertainty remained over whether lawmakers would pass a major tax bill with permanent extensions benefiting both political parties, or simply opt... Read more >

Category: IRS

One in 4 HealthCare.gov customers renew coverage so far, HHS says

Source: washingtonpost.com - Dec 11, 2015

With less than a week left to buy health plans under the Affordable Care Act for coverage that starts Jan. 1, about one in four existing customers have renewed coverage so far on the federal... Read more >

Category: IRS

IRS Reminds On 2016 Health Spending Tax Break

Source: tax-news.com - Nov 17, 2015

The Internal Revenue Service has reminded eligible employees that now is the time to begin planning to take full advantage of their employer's health flexible spending arrangement (FSA) during... Read more >

Category: IRS

Tax Preparedness Series: Most Retirees Need to Take Required Retirement Plan Distributions by Dec. 31

Source: irs.gov - Nov 16, 2015

IR-2015-122, Oct. 29, 2015 WASHINGTON — The Internal Revenue Service today reminded taxpayers born before... Read more >

Category: IRS

David Vitter or John Bel Edwards? Breakdown of key issues, where candidates agree, disagree

Source: theadvocate.com - Nov 16, 2015

Decisions, decisions. If you're having trouble deciding whom to vote for in the upcoming Louisiana governor's race runoff, let's try this. Democrat John Bel Edwards and Republican David Vitter... Read more >

Category: Louisiana

First NBC Bank expanding market area for New Market Tax Credits

Source: theneworleansadvocate.com - Nov 13, 2015

First NBC Bank in New Orleans has received approval to expand its market area for federal New Market Tax Credits to all of Louisiana, Arkansas, Tennessee, Mississippi, Alabama and the Florida... Read more >

Category: General Business

Some see work in film industry disappear after changes to state's tax credit program

Source: wdsu.com - Nov 13, 2015

Just three months later, movie makers in New Orleans tell WDSU they can’t get work because production in New Orleans has vanished. “It’s gone,” said scenic artist Laurie Fewell. “Six... Read more >

Category: Louisiana