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Louisiana Doctor Gets 4 Years in Prison for Tax Evasion

CPA Practice

A Louisiana physician has been sentenced to 52 months in prison for tax evasion. The IRS notified Barrett that she owed taxes by letter correspondence, telephone calls, bank account and property seizures as well as interviews with IRS agents. for the Middle District of Louisiana made the announcement. Attorney Ronald C.

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MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. Global Payout Inc.

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Can an eCommerce platform alone manage sales tax?

TaxConnex

Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. Louisiana home-rule locations largely follow their state-wide tax treatment for TTP. Yet again, this can vary. Managing the process Calculating sales tax. Choosing the right shopping cart/platform can get you started here.

Sales 201
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Forensic Accounting Experts Legier & Co. Acquired by Cherry Bekaert

CPA Practice

Top 25 accounting firm Cherry Bekaert has acquired New Orleans-based Legier & Company, a boutique forensic and litigation consulting firm that specializes in forensic accounting, business interruption services, expert witness testimony, and dispute advisory services. Terms of the deal were not disclosed.

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.

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How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. Louisiana $1,318,458 $358,611 27.2% Louisiana $1,318,458 $358,611 27.2% Connecticut $1,731,261 $855,307 49.4% Vermont $1,442,094 $651,434 45.2%