If an LLC is taxed as a corporation for federal tax purposes, it will be taxed the same way in Louisiana. Income tax At the state level, Louisiana has a variable business income tax rate. LLCs will pay between 2 percent and 6 percent for state income taxes, depending on the total ...
Winnings from sports betting and fantasy sports are also taxed at a rate of 6%. Retail operators typically withhold this amount for you, but money from online betting must be reported in your annual tax return. Keeping hold of your losing receipts is worthwhile because you can offset your tax...
What they said:LDOE issued a glowing news release announcing that the Louisiana high school graduation rate for the class of 2017 was a record 78.1 percent, skyrocketing from the 77 percent of 2016. What they didn’t say:The Louisiana high school graduation rate is8th lowest in the nation, ...
Designing a Combined Reporting Regime for a State Corporate Income Tax: A Case Study of Louisiana.” State Tax Notes - McIntyre, Mines, et al. - 2001McIntyre, Michael J., Paull Mines and Richard D. Pomp, "Designing a Combined Reporting Regime for a State Corporate Income Tax: A Case ...
Louisiana has three personal income tax brackets, ranging from 2% to 6%. The state sales tax rate is 4.45%, and parishes can levy additional sales tax on top of this. The state also has a use tax, which includes 4% to be distributed to local governments. Property taxes are assessed and...
The IRS recently said that Americans still have more than $1 billion in unclaimed refunds for tax year 2020.
Louisiana, which is in head-to-head competition with Oklahoma for the highest incarceration rate in the civilized world, presently has 58,000 persons in prisons and jails. That means that between 1200 and 5800 could have been wrongfully convicted. ...
The noncredit discount or premium for PCD loans and full discount for non-PCD loans will be accreted to interest income using the interest method based on the effective interest rate at the acquisition date. Under the transition provisions of ASU 2016-13, the Company classified all purchased ...
Scammers are calling customers claiming to be from their utility service and threatening to shut off their service if they don't pay up. Unfortunately, these scams are very successful across the state of Louisiana, and some in Acadiana are being targeted again. ...
Other notable words: CAT scan, electronic mail, gigabyte, greenhouse gas, sleep apnea, sports bar, variable rate mortgage Credit giantVisaintroduced a brandeddebit cardin 1975. Journalist R.D. Rosen coined the word ‘psychobabble’ this year to describejargon or clichéthat damages psychological und...