Research estimates over 1.5 million Louisiana residents to be owed tax refund
Posted on 12/14/2018 11:56:00 AM.

Tax season is here, and for some, that means tax refunds. According to research by financial technology company SmartAsset, just over 1.5 million taxpayers in the state will be owed a refund, with the average being right around $3,300. VP of Financial Education at SmartAsset AJ Smith said refunds are based on allowances and how much someone is claiming throughout the year.
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Taxes, IRS, Tax Return, Tax Season

LDR plans to start collecting sales taxes on all online purchases at the start of 2019
Posted on 7/6/2018 7:41:00 AM.
The state Revenue Department plans on collecting sales taxes on all online purchases by the start of next year. A recent US Supreme Court decision paved the way for collection of sales taxes from stores without a physical presence in states they ship too.
Kimberly Robinson, LDR Secretary, online sales, taxes, US Supreme Court

Republican Legislators Address Passed Budget Resolution
Posted on 6/29/2018 4:27:00 AM.

Republicans are taking stock of a contentious series of special sessions that took three attempts this year to come to a resolution. The final deal was a 4.45 percent sales tax, set to start July 1st
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Special Session, Budget, Taxes, Lance Harris, Doddie Horton

Corrections gets a mixed bag under budget deal
Posted on 6/27/2018 5:45:00 AM.

Most state agencies survived the special session without a cut, but the Department of Corrections was not so lucky. Construction and repair projects were put off once again, leading to concerns from department officials that the facilities used to house inmates could be running low on time.
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Department of Corrections, Jails, Criminal Justice, Jimmy LeBlanc, taxes, budget, Louisiana, 2018

Small Business Optimism at its second highest level in 45-years
Posted on 6/12/2018 10:55:00 AM.

Small business optimism has reached its highest level in 34 years. That's according to the National Federation of Independent Business, who surveys its members regularly.

NFIB state director Dawn Starns credits the federal tax reform legislation approved last December.
Small Business, NFIB, Dawn Starns, taxes

Louisiana ranked as 5th lowest in the terms of taxes paid to state and local governments
Posted on 4/10/2018 3:44:00 AM.

A 24-7 Wall Street report shows Louisiana taxpayers are tied for fifth in the least amount of taxes paid to local and state governments. LSU economist Doctor Jim Richardson says this state has been a low tax state for years. 

Jim Richardson, taxes, 24-7 Wall Street, sales taxes, income taxes, Louisiana

Light consensus on tax issues found in Louisiana Survey
Posted on 3/23/2018 12:33:00 PM.

LSU’s Manship School for Mass Communication released its second report of the year that looked at a survey of Louisianans on pressing state issues. The questions were focused on how to address the billion dollar budget gap the state will face come July.
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taxes, fiscal cliff, Manship School

State tax returns are making their way back to taxpayers
Posted on 3/19/2018 12:58:00 PM.

That new car in the neighbor’s driveway probably has you thinking that their tax return came in, but if you’ve filed and are getting worried about where your money is, the Department of Revenue wants to remind you not to worry, it’s on its way.
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taxes, tax returns, Department of Revenue, Louisiana, Byron Henderson, money

With no solution on fiscal cliff, what happens next?
Posted on 3/6/2018 12:47:00 PM.
So what happens now that the legislature wasn't able to come to any agreement on solving the fiscal cliff? Governor John Bel Edwards doubts legislators can pass a budget for next fiscal year in the regular session, so another special session is likely.
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budget, Cameron Henry, John Bel Edwards, shortfall, taxes

Special session tax votes moved to Wednesday after House gridlock
Posted on 2/26/2018 3:37:00 PM.

A slew of last minute amendments added to some revenue generating bills in the House Ways and Means Committee has bogged down the special session, and convinced lawmakers to reschedule today's votes to Wednesday. Shreveport Representative Alan Seabaugh tacked a number of changes that did not go well with Democrat Marcus Hunter. Hunter says the amendments are so in-digestible that this group of legislators might as well just go home.
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special session, Louisiana, budget, fiscal cliff, taxes, Marcus Hunter, Taylor Barras

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