News

Asset Misappropriation? Let’s Be Blunt. It’s Called Fraud…Fraud…theft by your employees from your hard earned revenue.  It seems like you read about it more and more in the news each day. Read on to learn some suggested safeguards from our Manager II, Kathy Flattmann, on how even small companies reduce the fraud risk. The first […]

In this blog by Senior Tax Manager, Richard Tullier, he explains how a partnership or an S Corporation that files in Louisiana now has the opportunity to pay taxes for its owners at the entity level, beating the $10,000 cap. With every ebb, there is a flow; with every Yin, a Yang; and just like

Are you thinking of rehabilitating a building in Louisiana that is 50+ years old? Did you know your reno expenditures may qualify for federal and state tax credits? Federal and State tax credits are available to owners who rehabilitate buildings that are located in a Certified Cultural or Downtown Development District, which includes most of

With the passing of the TCJA, sweeping changes were made to tax laws for various types of taxpayers. Trusts and estates were among those taxpayers affected. For income tax purposes, trusts and estates are treated similarly to individuals. Therefore, some of the changes affecting individuals also apply to trusts and estates. These changes are: •

Journal of Accountancy Liquidity, regulation among not-for-profits’ top challenges By Joseph Radigan June 11, 2019 More than a decade after the financial crisis, not-for-profit organizations remain constrained by tight funding and the challenge of complying with regulatory and legislative demands, according to BDO USA, LLP’s third annual Nonprofit Standards bench-marking survey. The survey released Monday

Rental Real Estate?  Residential landlords are now much more likely to be able to deduct most of their current expenditures. This discussion is intended to provide a road map for making the correct determinations and elections. https://www.thetaxadviser.com/issues/2019/apr/residential-real-estate-deductions-2018.html?utm_source=mnl:cpald&utm_medium=email&utm_campaign=23Apr2019

Why a Smaller Refund Can Be a Good Thing By Richard Tullier, CPA – Senior Manager Over the last few weeks, there has been a lot of talk about tax refunds.  Some people say a lower refund shows that the Tax Cuts and Jobs Act (“TCJA”) is raising people’s taxes.  Others have said that since

Check out this article from Forbes Magazine that will drive your focus going forward. https://www.forbes.com/sites/jamiehopkins/2019/02/20/2-ways-the-199a-deduction-has-changed-retirement-planning/#1d96a4211429

Zoom in on this article from our friends at BDO USA for great insight on 2019 tax strategies. 2019 Eight Key Tax Planning Opportunities

What to Expect from the IRS as the Government Shutdown Continues