News / General Business

School Readiness Tax Credits Parents Are Even Eligible For Special New Tax Credits.

Source: qrslouisiana.org - Apr 26, 2017

When you send your child to a Quality Start rated child care center, you’re not only giving your child the best possible care, you’re also entitled to a special new tax credit – the School... Read more >

Category: General Business

Topic 458 - Educator Expense Deduction

Source: irs.gov - Apr 24, 2017

If you're an eligible educator, you can deduct up to $250 ($500 if married filing jointly and both spouses are eligible educators, but not more than $250 each) of unreimbursed trade or business... Read more >

Category: General Business

2017 Louisiana Sales Tax Holidays

Source: revenue.louisiana.gov - Apr 24, 2017

Hurricane Preparedness Sales Tax Holiday Saturday, May 27 – Sunday, May 28 During the sales tax holiday, eligible purchases are subject to a state sales tax rate of only three percent,... Read more >

Category: General Business

Congress Focuses On Averting Shutdown, But Trump Wants More In Budget Deal

Source: npr.org - Apr 24, 2017

Congress returns Tuesday from its spring recess, facing yet another down-to-the-wire spate of deal-making — and a White House anxious to claim its first major legislative win. On Friday night,... Read more >

Category: General Business

Revenue estimates plunge in Louisiana Gov. John Bel Edwards' tax plan

Source: nola.com - Apr 21, 2017

Changes that Gov. John Bel Edwards made to his business tax plan in hopes of lessening criticism cut in half the estimate of what the tax will raise. That leaves his budget-stabilizing tax package... Read more >

Category: General Business

Trump close to releasing tax overhaul plan

Source: argusmedia.com - Apr 21, 2017

Washington, 20 April (Argus) — President Donald Trump's administration will unveil plans for a comprehensive tax overhaul "very soon" and aims to enact changes this year, US treasury secretary... Read more >

Category: General Business

Ignore these 2016 tax lessons at your peril

Source: cnbc.com - Apr 21, 2017

Whether you got a giant refund or a big bill from the IRS this season, now is prime time to save on taxes for the remainder of the year. It's tempting to put away your completed tax forms once you... Read more >

Category: General Business

Gas tax increase proposed to fix Louisiana highways, bridges

Source: nola.com - Apr 20, 2017

Rep. Steve Carter, R-Baton Rouge, filed, as promised, House Bill 632 on Tuesday (April 18), which would increase Louisiana's gas tax 17 cents per gallon and would raise an estimated additional $510... Read more >

Category: General Business

6 major changes to IRS collection policies

Source: taxprotoday.com - Apr 20, 2017

Recently, joint research from the Internal Revenue Service and the Urban-Brookings Institute highlighted the results of many IRS enforcement activities, including the impact of past years’... Read more >

Category: General Business

7 Ways To Avoid Last-Minute Tax Filing Errors

Source: forbes.com - Apr 17, 2017

I know this probably isn't keeping you up at night, but there are ways to goof up your tax return. The good part: If you're careful, they are totally avoidable. Whether you do your own return or... Read more >

Category: General Business

3 Tips for Last-Minute Tax Filing

Source: fool.com - Apr 17, 2017

If you've waited until the last minute to file your taxes, you're not alone. The IRS estimates that 20% to 25% of tax filers submit their returns during the last two weeks of the tax season. If... Read more >

Category: General Business

Taxes From A To Z (2017): Z Is For Zero Percent Rate

Source: forbes.com - Apr 17, 2017

t’s my annual "Taxes from A to Z" series! If you’re wondering whether you can claim wardrobe expenses or whether to deduct a capital loss, you won’t want to miss it. Z is for Zero Percent... Read more >

Category: General Business

Are You Leaving Tax Money on the Table?

Source: medscape.com - Apr 10, 2017

As the 2017 tax season enters the final stretch, hopefully you've either already met with your CPA and filed your taxes or prepared them yourself ahead of the April 18 deadline, like the majority... Read more >

Category: General Business

8 reasons you could end up with a surprise tax bill

Source: dailyherald.com - Apr 10, 2017

Many people look forward to tax season because it typically means getting a check from Uncle Sam. But there can be times when instead of receiving a refund, you end up with an unexpected tax... Read more >

Category: General Business

Cut IRS Audit Risk, Extend April 18 Tax Deadline To October 16

Source: forbes.com - Apr 7, 2017

This year, tax returns are due April 18, not April 15. But those few extra days won't matter to many. Instead of rushing to file your taxes, you can go on extension, but should you? If you do... Read more >

Category: General Business