Under a compromise plan finalized June 24, 2018, during the Louisiana Legislature’s third special legislative session, the state sales tax rate residents currently pay will be reduced. Beginning July 1, 2018, the overall rate went from 5 percent to 4.45 percent and will stay that way until June 30, 2025. This is actually a partial … Continue reading What You Need to Know About Louisiana’s State Sales Tax Change
There are plenty of ways that new tax laws in Washington will affect your bottom line, but not until you file your 2018 taxes. You can still take advantage of 2017 tax breaks now and then start planning for changes next year. Depending on how you and your business will be affected, it might be … Continue reading Is the New Tax Law Good for Business?
With April 15 fast approaching, small business owners should be getting their tax documents, credits and deductions ready to go. Being diligent about record keeping is probably the best way to come out ahead on tax day. According to the IRS, good records will help you monitor the progress of your business, prepare your financial … Continue reading Tax Tips for Small Businesses