News / General Business
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Gov. John Bel Edwards says Louisiana will have another $300 million surplus
Source: theadvocate.com - Aug 1, 2019 Gov. John Bel Edwards on Thursday indicated Louisiana will likely have another roughly $300 million budget surplus when the state closes the books on the fiscal year. Speaking after a forum at the... Read more > Category: General Business |
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65% of Small Businesses Got a Tax Refund for 2018 – and Most Were Happy
Source: smallbiztrends.com - Aug 1, 2019 For individual taxpayers, refunds are a common thing. But for small businesses, it depends on the type of entity you establish and the type of taxes you pay. 2018 Small Business Tax Refunds Survey... Read more > Category: General Business |
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The Democratic Debate Over 'Medicare For All' And Middle-Class Taxes, Explained
Source: npr.org - Aug 1, 2019 At the Democratic debate tonight, one particular aspect of Bernie Sanders' "Medicare for All" plan got special scrutiny. After a back-and-forth over how to pay for the plan, CNN moderator Jake... Read more > Category: General Business |
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Earned Income Tax Credit Reduces Taxes for Low- and Moderate-Income Wage Earners
Source: blackpressusa.com - Jul 25, 2019 NNPA NEWSWIRE — The Earned Income Tax Credit was implemented as a way to offset the impact of Social Security taxes on low to moderate taxpayers and to provide them with an incentive to work. The... Read more > Category: General Business |
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Short-term rentals could be causing big property tax increases in New Orleans
Source: wwltv.com - Jul 25, 2019 For some, the cost of living in Orleans Parish is going up. Property assessments have raised property values, which can raise your property tax. Eyewitness News spoke with people in Treme, who... Read more > Category: General Business |
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Everything Old Is New Again As IRS Releases Form 1040 Draft
Source: forbes.com - Jul 25, 2019 Just six (or so) months after the Internal Revenue Service (IRS) released the much talked about - and maligned - form 1040 for the 2018 tax year, there’s a new draft in town. Here’s a quick... Read more > Category: General Business |
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Turn A Summer Job Into A $120,660 Tax-Free Retirement Windfall
Source: investors.com - Jul 24, 2019 Summer jobs for teens teach the value of money and hard work. But they can also give a huge head start on summer job tax and retirement planning — with a Roth IRA for kids. How so? If you and... Read more > Category: General Business |
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Court bars man convicted of tax fraud from preparing Louisiana tax returns
Source: revenue.louisiana.gov - Jul 24, 2019 June 10, 2019 BATON ROUGE – A Louisiana court has barred a former Baton Rouge tax preparer from preparing state income tax returns. Judge Michael Caldwell of the 19th Judicial District in... Read more > Category: General Business |
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Are Job Losses Coming Soon to Local Casinos?
Source: 710keel.com - Jul 23, 2019 Ronnie Jones, chairman of Louisiana's Gaming Control Board, talks with 101.7 / 710 KEEL's Robert J Wright and Erin McCarty about the latest revenue reports from area casinos, numbers that show a... Read more > Category: General Business |
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LAO: Louisiana businesses owed $785 million in unpaid state taxes last year
Source: thehayride.com - Jul 23, 2019 The Louisiana Legislative Auditor’s Office (LAO) reports that Louisiana-based businesses owed the state roughly $785 million in unpaid taxes at the end of Fiscal Year 2018. During that year, the... Read more > Category: General Business |
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IRS Confirms It Trained Staff to Find Crypto Wallets
Source: coindesk.com - Jul 16, 2019 The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s... Read more > Category: General Business |
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A mid-year tax legislation update
Source: accountingtoday.com - Jul 16, 2019 It has not been a big year for enactment of tax legislation so far. While a number of tax bills have been working their way through Congress, including IRS reform legislation, technical corrections... Read more > Category: General Business |
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Beware, the IRS is eyeing your inherited money
Source: marketwatch.com - Jul 16, 2019 One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of... Read more > Category: General Business |
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Validity of Obama health care law at issue in appeal hearing
Source: apnews.com - Jul 10, 2019 NEW ORLEANS (AP) — With health insurance availability, cost and coverage on the line for millions of Americans, a federal appeals court seemed inclined Tuesday to rule that the core provision of... Read more > Category: General Business |
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Trump Tax Plan Leads to $54 Billion Decline in Charitable Giving
Source: newsweek.com - Jul 10, 2019 s the president works to limit access to welfare programs in the United States by creating strict work requirements, lowering the poverty thresholding and purging food stamp rolls, Americans living... Read more > Category: General Business |
