News

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

Louisiana offers tax credits for donors who support early childhood education, but few know about it

Source: theadvocate.com - Nov 12, 2015

Over the past few weeks, donors have pledged $35,000 to help support an agency that provides training and support to people who work with Lafayette Parish preschoolers. The donors are in line for... Read more >

Category: General Business

Louisiana tax amnesty period begins Nov. 16

Source: thetowntalk.com - Nov 12, 2015

BATON ROUGE — Delinquent taxpayers in Louisiana have one last shot to pay what they owe with lessened penalties and interest charges. The state revenue department announced Monday that... Read more >

Category: Louisiana

Time to make these tax moves before year-end

Source: cbsnews.com - Nov 12, 2015

Before the holidays become all-consuming, now's a great time to focus on some financial moves to make that can lower your taxes when you file next year. The point of year-end tax planning is... Read more >

Category: IRS

New HealthCare.gov features won’t be ready when enrollment begins

Source: bnd.com - Oct 26, 2015

WASHINGTON The Obama administration is promising a smoother and more user-friendly shopping experience on HealthCare.gov when the 2016 enrollment season for marketplace health coverage begins on... Read more >

Category: General Business

Thanks a billion: Well tax break cost state $1.1B

Source: shreveporttimes.com - Oct 26, 2015

Louisiana lost more than a billion in severance tax revenue over five fiscal years ending in 2014 because of state tax breaks for horizontal drilling, the Louisiana Legislative Auditor’s Office... Read more >

Category: Louisiana