News

Source: washingtontimes.com - Feb 26, 2016

BATON ROUGE, La. (AP) - Louisiana’s credit rating was downgraded for the first time in more than a decade Thursday, in response to years of budget instability that have left public colleges and... Read more >

Category: General Business

Source: nola.com - Feb 26, 2016

The Louisiana House of Representatives managed to move forward four key pieces of legislation for resolving the state's immediate budget crisis Thursday (Feb. 25). But state lawmakers still have a... Read more >

Category: Louisiana

Source: wsj.com - Feb 26, 2016

The sum of $1 million doesn’t go as far as it used to. But increasingly, it is enough to get you special attention from Uncle Sam. The Internal Revenue Service continued to ramp up its focus on... Read more >

Category: IRS

Source: forbes.com - Feb 17, 2016

With $53 million in debt, Kanye West may want funds from any source these days. Whether it comes from the $1 billion he requested from Mark Zuckerberg, from Google’s Larry Page, or even... Read more >

Category: IRS

Source: accountingtoday.com - Feb 16, 2016

An Internal Revenue Service employee who worked for the Taxpayer Advocate Service, where her job was to help taxpayers resolve their identity theft problems, pleaded guilty to stealing identities... Read more >

Category: IRS

Source: nasdaq.com - Feb 16, 2016

About a year ago, I got a phone call from a frantic client. The Internal Revenue Service had called to tell her she was under investigation for tax fraud and that a warrant had been issued for her... Read more >

Category: IRS

Source: philly.com - Feb 16, 2016

Criminals plan for tax season, just as their victims do. Gregory Floyd is assistant special agent in charge of the IRS Criminal Investigations Division office in Philadelphia, which does the... Read more >

Category: IRS

Source: reuters.com - Feb 13, 2016

Feb 9 U.S. President Barack Obama on Tuesday proposed expanding the earned income tax credit (EITC), which helps low-income taxpayers, to give a bigger boost to childless people. Some Republicans... Read more >

Category: IRS

Source: fortune.com - Feb 11, 2016

Identity thieves attempted to breach computer systems at the Internal Revenue Service to file fraudulent tax refunds. The criminals were especially after E-file PINs, which are used by some... Read more >

Category: General Business

Source: usatoday.com - Feb 4, 2016

The Internal Revenue Service suffered a "hardware failure" on Wednesday afternoon, which left many of its tax processing systems unavailable Wednesday night, the agency announced in a statement.... Read more >

Category: IRS

Source: forbes.com - Feb 3, 2016

Remember when Peyton Manning paid New Jersey nearly $47,000 in taxes two years ago on his Super Bowl earnings of $46,000? Manning has nothing on the state taxes facing Carolina Panthers quarterback... Read more >

Category: IRS

Source: nbcnews.com - Jan 25, 2016

The IRS, state authorities and the tax preparation industry have joined together to combat identity thieves rushing to file their bogus state and federal returns in your name while you're still... Read more >

Category: IRS

Source: nola.com - Jan 25, 2016

Nine of the items included in Gov. John Bel Edwards' menu of tax options released earlier this week would affect consumers, rather than the corporate community, and are meant to go into effect as... Read more >

Category: Louisiana

Source: nola.com - Jan 22, 2016

Louisiana would have the highest combined state and average local sales tax rate in the country if Gov. John Bel Edwards' proposed budget changes go through next month. At 9.1 percent, Louisiana... Read more >

Category: Louisiana

Source: marketwatch.com - Jan 22, 2016

When it comes to charitable giving, it’s well known that taxes matter. The promise of a big deduction is a great way to get people to open their checkbooks. Yet the relationship between taxes... Read more >

Category: IRS