Between September 23, 2013 and November 22, 2013, Louisiana taxpayers will be able to officially apply for tax amnesty and submit payment for all tax periods that are outstanding. Secretary of the LDR, Tim Barfield says,  Ã‚ Ãƒ¢Ã¢â€š¬Ã…“This is the time for all Louisiana taxpayers to get a fresh start with their taxes. We have worked to make this process very …
It’s that time of year again along the Gulf Coast…hurricane season. Katrina taught us all to have plans made in advance for evacuation…it also taught us to have our records and important documents safely secured. Here are 5 tips from the IRS to help protect your important records in case of a hurricane or natural disaster. Back up records electronically …
âہ“ I sure would like to write off my vacation.â€Â This is a common thought among the self-employed as well as the employee. As long as your expenses are necessary and ordinary for your business or trade, you can deduct them, or portions of them. These expenses include round-trip travel expenses and the cost of education for improving or maintaining …
 The 2013 Louisiana Hurricane Preparedness Sales Tax Holiday is May 25 and May 26! On these 2 days, eligible purchases will be exempt from the 4% state sales tax. This exemption applies to the first $1500 of the purchase price of each item. Eligible items include: self-powered light sources, such as flashlights and candles batteries(AAA,AA,C,D,6volt, 9volt)Automobile batteries are ineligibile cellular …
One of the most valuable business deductions, yet most overlooked deductions, is the home office. Often business owners fail to claim their home office because keeping track of the expenses is time consuming and because they are afraid it sends a  “red flag” to the IRS. Did you know that the IRS has released new guidelines for deducting your home …
I think we would all agree that economically, times are hard. Are you like one of the many businesses struggling to remain profitable, or even keep your doors open? Ã‚ Are you trying to find ways to deal with economy in unique ways? Ã‚ The following ideas are technology-based and easy to implement. Technology, during these economically hard times, is a great way to help …
Well, elections are right around the corner and we know how overwhelming all the information on commercials and debates can be so we decided to give an overview of where both candidates stand in regard to tax policies. Ã‚ Ãƒâ€š *** Note that we are not giving support to either candidate…we just want you to be well-informed on November 6. …
Businesses in the construction industry face challenges every day that most other type of companies do not. Construction contractors have complicated accounting rules when reporting long term contracts and spec homes. In addition to the complicated income tax reporting that is sometimes required there are many other factors effecting things day to day like subcontractors, payroll, job costing, and estimating …
If your car is used for business purposes, whether you are self-employed or an employee, you can get the benefit of tax deductions. You have 2 choices for claiming deductions on a business car:  You can deduct the actual business-related costs of gas, oil, lubrication, repairs, tires, supplies, parking, tolls, drivers’ salaries, and depreciation.  Ã‚ Use the standard mileage …
Residential Energy Tax Credits for 2012 Are your high utility rates making you think about âہ“going green†and making your home more energy efficient? This is the perfect time to do so especially if you want to take advantage of the residential energy tax credits available to homeowners. The Residential Energy Efficient Property Credit is available to individual taxpayers to …
