News / General Business
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White House expresses support for making immediate cash payments to Americans as part of coronavirus stimulus package
Source: washingtonpost.com - Mar 17, 2020 LARRYS TAX NOTE: WE USUALLY DON'T LIKE TO POST ABOUT PROPOSALS OR WHAT'S BEING DEBATED...WE USUALLY POST THINGS ONCE THEY'VE BECOME LAW. HOWEVER, IN THE INTEREST OF SOME KNOWLEDGE, WE'RE POSTING... Read more > Category: General Business |
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Chamber calls for canceling payroll taxes, expanding loan programs amid coronavirus
Source: thehill.com - Mar 17, 2020 The U.S. Chamber of Commerce called on Congress and the Trump administration Monday to cancel payroll taxes, streamline loan programs for small businesses and enable the creation of credit... Read more > Category: General Business |
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Violate Louisiana COVID-19 Laws, You Could Get Jail Time
Source: 710keel.com - Mar 17, 2020 The State of Louisiana has made multiple moves in response to the COVID-19, or coronavirus, outbreak. The state has closed casinos, as well as the dining rooms for restaurants, bars, gyms, movie... Read more > Category: General Business |
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When coronavirus closes Louisiana's casinos: $60 million in revenue lost, 25K jobs affected
Source: nola.com - Mar 17, 2020 Louisiana's 20 casinos and nearly 200 video poker truck stops will shut at midnight Tuesday morning and won’t reopen before April 13 as part of the state’s plan to slow the spread of... Read more > Category: General Business |
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Treasury and IRS to delay tax payment deadline by 90 days
Source: cnbc.com - Mar 17, 2020 Taxpayers will get a three-month reprieve to pay the income taxes they owe for 2019, Treasury Secretary Steven Mnuchin said on Tuesday at a news conference. As part of its coronavirus response,... Read more > Category: General Business |
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Falling oil prices could impact Louisiana’s budget
Source: kalb.com - Mar 12, 2020 BATON ROUGE, La. (WAFB) - As concerns over infectious diseases and overseas political spats drive oil prices down, Louisiana lawmakers are cautiously watching to see whether it will impact budget... Read more > Category: General Business |
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Motor Carriers Beware - Lack of Written Independent Contractor Agreement Can Be Costly
Source: bmdllc.com - Mar 12, 2020 Given recent changes in Ohio workers’ compensation law, “motor carriers” (as defined by Ohio law) operating in Ohio should carefully review their arrangements with independent contractor... Read more > Category: General Business |
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Trump announces extension of tax deadline for coronavirus victims, including businesses
Source: marketwatch.com - Mar 12, 2020 WASHINGTON — President Donald Trump announced Wednesday night that he will instruct the Treasury Department to allow individuals and businesses negatively affected by the coronavirus to defer... Read more > Category: General Business |
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10 Things You Should Never Do When Firing an Employee
Source: thebalancecareers.com - Mar 10, 2020 Firing an employee is stressful for all parties—not just for the employee losing a job. No matter how well you’ve communicated about performance problems with the employee, almost no one... Read more > Category: General Business |
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Why Your Kid Needs a Roth IRA
Source: nerdwallet.com - Mar 10, 2020 A Roth IRA isn’t typically considered a savings vehicle for kids, but it should be. Roth IRAs are ideal for kids, because children have decades for their contributions to grow tax-free. And... Read more > Category: General Business |
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Tax-Savvy Seniors Use IRA Withdrawals to Make Deductible Donations
Source: accountingweb.com - Mar 10, 2020 Back in early December, our columnist and tax guru Julian Block discussed how retiree clients can use a retirement account for tax break. Ever vigilant, Mr. Block has found that due to subsequent... Read more > Category: General Business |
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Fed to step up cash injections for banks to guard against market pressure
Source: cnbc.com - Mar 9, 2020 The New York Federal Reserve said Monday that it will increase the amount of money it is offering to banks for their short-term funding needs. As part of its continuing efforts to make sure the... Read more > Category: General Business |
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Surprise! These 4 Tax Breaks Are Back
Source: fool.com - Mar 9, 2020 Here in the middle of tax season, most Americans are working hard to get their 2019 returns prepared. Yet thanks to some better-late-than-never action from Washington, some tax breaks that many had... Read more > Category: General Business |
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IRS data show progressive plans require huge middle-class tax hikes
Source: washingtonexaminer.com - Mar 9, 2020 Last week, the IRS released its annual Statistics of Income. This much-anticipated document is exactly what it sounds like: a thorough analysis of taxpayers’ incomes and payments to the IRS, this... Read more > Category: General Business |
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Why the coronavirus won't delay your tax refund
Source: finance.yahoo.com - Mar 9, 2020 The latest data from the IRS shows almost 60 million tax returns have been filed with refunds averaging $3,064. While many companies are seeing both supply and demand effects from the coronavirus... Read more > Category: General Business |
