News

Chart Shows Estimated 2021 Income Tax Refund Dates

Source: cpapracticeadvisor.com - Dec 3, 2020

The IRS usually opens income tax season on the last Monday in January each year. Although the 2020 tax season was significantly impacted by the Covid-19 pandemic, and the IRS extended the deadline... Read more >

Category: General Business

5 Last-Minute Ways To Save On Taxes For Small Businesses

Source: forbes.com - Dec 3, 2020

This year of all years, small businesses can use all the savings they can get—and that includes on their taxes. With so many companies facing a starkly different financial situation at the end... Read more >

Category: General Business

Joe Biden suggests he wants return to Bush-era tax rate

Source: nypost.com - Dec 3, 2020

President-elect Joe Biden said in a new interview that he wants to hike tax rates back to their highest levels under the George W. Bush administration — undercutting his promise not to increase... Read more >

Category: General Business

Here Are 5 Tax Moves to Consider for an Unusual Year

Source: barrons.com - Dec 2, 2020

Year-end tax planning isn’t as straightforward as usual in 2020. Uncertainty about whether President-elect Joe Biden can enact tax hikes next year is a complicating factor, and some folks can’t... Read more >

Category: General Business

Sales tax for French Quarter police is back on the ballot and not everyone is in favor

Source: wwltv.com - Dec 2, 2020

NEW ORLEANS — Opposition is mounting to a New Orleans sales tax renewal on Saturday’s ballot. French Quarter residents and business owners are at odds with the city administration over how... Read more >

Category: General Business

Biden won’t be able to raise the corporate tax rate to 28%: CFO survey

Source: cnbc.com - Dec 2, 2020

Wall Street’s post-election rally and the Dow Jones Industrial Average rise to a new record above 30,000 is a bet that, among other things, a divided government during a Biden administration will... Read more >

Category: General Business

Small businesses that took PPP aid may now face a punishing tax bill

Source: chicagotribune.com - Dec 2, 2020

A recent IRS ruling tying up a loose end in the 2020 economic-relief law could force many small businesses to pay taxes on government aid meant to help through the pandemic. The agency on Nov. 18... Read more >

Category: General Business

Top 10 Cybersecurity Tips for Small Businesses

Source: unite.ai - Dec 1, 2020

Cyber threats are an increasing problem for small- and medium-sized businesses, especially with the major shift to remote work due to COVID-19. Some of the notable data breaches, such as Equifax in... Read more >

Category: General Business

Tax tips for businesses during the coronavirus pandemic

Source: readingeagle.com - Dec 1, 2020

When the roller coaster ride of 2020 comes to an end, small businesses still will need to deal with this year's taxes. The coronavirus pandemic has brought changes to both the workplace and the... Read more >

Category: General Business

Jill On Money: Year end money moves to make amid COVID-19

Source: chicagotribune.com - Dec 1, 2020

In most years, writing a year-end column is a snap, but 2020 is not most years. As a result, I will be writing a few columns with action items to consider. Think about 2021 taxes NOW: The IRS is... Read more >

Category: General Business

Trump raises coronavirus stimulus offer to $1.8 trillion, then says he wants bigger bill than Dems or GOP

Source: cnbc.com - Oct 9, 2020

The White House will take a $1.8 trillion coronavirus stimulus offer to Democrats as the sides work to strike a deal before the 2020 election, a source told CNBC. The plan would mark an increase... Read more >

Category: General Business

Here’s what Joe Biden’s tax proposals mean for American households

Source: cnbc.com - Oct 9, 2020

An overhaul of tax incentives for American families could be in the cards if Democratic candidate Joe Biden wins the White House. In his tax plan, the former vice president called for an expansion... Read more >

Category: General Business

It’s Easier to Avoid Taxes When You Own a Business. Just Ask Donald Trump (and Joe Biden).

Source: wsj.com - Oct 9, 2020

For people who want to lowball their taxes, it helps to own a business. That can offer strategies for reducing what you owe Uncle Sam—and make you far harder to audit. This has long been the... Read more >

Category: General Business

LOUISIANA Frontline Workers

Source: frontlineworkers.la.gov - Oct 9, 2020

Critical infrastructure workers responding to Louisiana's COVID-19 public health emergency may qualify for a one-time rebate of $250. click source to go directly to LDR page and apply Read more >

Category: General Business

Carnival cancels New Orleans cruises for rest of 2020 amid coronavirus pandemic

Source: nola.com - Oct 1, 2020

Carnival has canceled its New Orleans cruises for the rest of 2020 amid coronavirus restrictions, the company said Thursday morning. The decision comes the day after the Centers for Disease... Read more >

Category: General Business