article thumbnail

IRS Offers Tax Deadline Extensions for Louisiana Due to Hurricane Francine

CPA Practice

The Internal Revenue Service is offering tax deadline relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. This means that individuals and households that reside or have a business, anywhere in Louisiana, qualify for tax relief. 10, 2024, through Feb.

Louisiana 104
article thumbnail

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. for the Middle District of Louisiana made the announcement. Attorney Elizabeth White for the Middle District of Louisiana prosecuted the case. million in income taxes, excluding interest and penalties. Attorney Ronald C.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Louisiana 122
article thumbnail

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.

article thumbnail

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.

article thumbnail

Francine victims in Louisiana get tax relief

Accounting Today

The IRS has postponed payment and filing deadlines for those affected by the storm.

article thumbnail

2024: What’s coming up in sales tax

TaxConnex

States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida. In 2021, Wisconsin and Maine both removed their transaction threshold; in 2023, South Dakota and Louisiana joined suit. Delivery fees “Sales taxes” are starting to take different forms.