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Louisiana Tax Relief Granted by IRS After Seawater Intrusion

CPA Practice

By Katelyn Washington, Kiplinter Consumer News Service (TNS) The IRS has granted Louisiana tax relief to areas of the state impacted by seawater intrusion. The tax deadline extension for Louisiana follows tax relief for several other states this year, including tax extensions for Maine and Massachusetts. 20, 2023, to Feb.

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Tax relief for seawater victims in Louisiana

Accounting Today

Affected individuals and businesses now have until Feb. 15 next year to file various federal tax returns and make tax payments.

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What’s new in sales tax?

TaxConnex

Highs and lows: According to The Tax Foundation’s most recent analysis , the five states with the highest average combined state and local sales tax rates are Tennessee (9.548%), Louisiana (9.547%), Arkansas (9.44%), Washington (9.4%) and Alabama (9.24%). Effective next Jan. Effective next Jan.

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. As a result, Gov.

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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.

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States with local economic nexus - a review

TaxConnex

Other states such as Alabama, Colorado and Louisiana have home-rule jurisdictions where separate returns may need to be filed at the local level. This has created such a complex system that Louisiana is actually being sued by an Arizona online retailer for the state’s sales tax “compliance nightmare.

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