News

You're A Mean One, Mr. Grinch: Christmas Tree Tax Proposal Returns

Source: forbes.com - Dec 18, 2013

Kelly Phillips Erb, Contributor It’s beginning to look a lot like Christmas! Like many families, we spent the last few days decorating for the holidays – and that included putting up our... Read more >

Category: General Business

6 End-Of-Year Questions To Ask Your Tax Advisor

Source: forbes.com - Dec 16, 2013

Your end-of-year to-do list may seem full already. But it’s not complete unless it includes a conversation with your accountant. Now that you can see how your year has ended up — whether... Read more >

Category: General Business

8 Tax Breaks Expiring at the End of 2013 From mortgage insurance premiums to teachers’ classroom expenses, don’t miss out on these tax breaks

Source: money.usnews.com - Dec 16, 2013

By Susan Johnston April 15 may seem like a long way off, but with a little planning before the end of the year, you could take advantage of tax breaks to help you lower your tax bill. Several tax... Read more >

Category: General Business

IRS 2014 Standard Mileage Announced

Source: irs.gov - Dec 16, 2013

WASHINGTON — The Internal Revenue Service today issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical... Read more >

Category: IRS

IRS Warns of Pervasive Telephone Scam

Source: irs.gov - Nov 4, 2013

IR-2013-84, Oct. 31, 2013 WASHINGTON — The Internal Revenue Service today warned consumers about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the... Read more >

Category: IRS

High sales taxes, complex code causes Louisiana to slip in national tax ranking

Source: nola.com - Oct 28, 2013

By Lauren McGaughy, NOLA.com | The Times Picayune Louisiana's individual income, property and corporate tax rates have relatively favorable rates compared to other states, but the complexity of... Read more >

Category: General Business

2014 Tax Season to Start Later Following Government Closure; IRS Sees Heavy Demand As Operations Resume

Source: irs.gov - Oct 28, 2013

IR-2013-82, Oct. 22, 2013 WASHINGTON — The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing season to allow adequate time to... Read more >

Category: IRS

IRS paid more than $110 billion in improper tax credits: Investigator

Source: cnbc.com - Oct 24, 2013

The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn't qualify for them, according to a Treasury report released Tuesday. The Earned... Read more >

Category: IRS

Louisiana To Offer 'Fresh Start' Tax Amnesty Program

Source: forbes.com - Aug 6, 2013

Kelly Phillips Erb, Contributor Have you ever eaten chocolate cake when you’re trying to watch your weight? You take the first bite and you think, “Just this one bite. I’ll take one bite and... Read more >

Category: Louisiana

U.S. House passes a delay to flood insurance rate increases

Source: theadvocate.com - Jun 7, 2013

by jordan blum Advocate Washington bureau June 07, 2013 3 Comments WASHINGTON — The congressional fight to avoid potentially skyrocketing flood insurance rate increases in Louisiana and... Read more >

Category: General Business

IRS Advised To Identify Timeframe For 'Real Time Tax'

Source: tax-news.com - Jun 7, 2013

by Mike Godfrey, Tax-News.com, Washington 06 June 2013 The United States Government Accountability Office (GAO) has reviewed the Internal Revenue Service's (IRS) strategy for exploring "Real Time... Read more >

Category: IRS

Taxes for business travelers: What is and isn't deductible

Source: usatoday.com - Jun 7, 2013

5:54 p.m. EDT April 8, 2013 African safaris. Drinks at strip clubs. Gifts for wives and children. Wine-tasting trips. An orthopedic "doughnut" cushion. Accountants and other tax experts say... Read more >

Category: General Business

Summer Job Tax Information for Students

Source: irs.gov - Jun 4, 2013

IRS Special Edition Tax Tip 2013-10 When summer vacation begins, classroom learning ends for most students. Even so, summer doesn’t have to mean a complete break from learning. Students starting... Read more >

Category: General Business

What if you never file your tax return? Commentary: Answer the IRS’s calls, save money

Source: marketwatch.com - May 22, 2013

By Eva Rosenberg, MarketWatch The Internal Revenue Service hasn't been under such intense public scrutiny since the hearings in the 1990s that led to the Tax Reform and Restructuring Act of 1998... Read more >

Category: General Business

How to Tell If the IRS Is Eyeing You

Source: cnbc.com - May 17, 2013

Published: Friday, 17 May 2013 | 6:46 AM ET By: Kelley Holland News Writer You consider yourself a law abiding citizen, and you are not starting a nonprofit organization with conservative ties.... Read more >

Category: General Business