Practice: Taxation

• Taxation

  How to Preserve Predevelopment Appreciation of Real Estate

  • January 29, 2015
  • By Blaise Sonnier

  In a recent article authored by Blaise Sonnier, he reports on preservation of capital gain treatment on predevelopment appreciation of real estate and how to use the capital bailout strategy. How to Preserve Predevelopment Appreciation of Real Estate

• Taxation

  SALT Block – U.S. Supreme Court SALT Decisions on the Horizon, TAXES – The Tax Magazine®

  • October 27, 2014
  • By Blaise Sonnier

  The Supreme Court’s decision on SALT cases will have serious implications for the states. In this article published in the November 2014 publication, TAXES – The Tax Magazine®, Blaise Sonnier examines the issues. SALT Block – U.S. Supreme Court Desicions on the Horizon    

• Taxation

  President Orders Creation of MyRA Savings Accounts via Executive Order

  • February 3, 2014
  • By Allen & Gooch

  Last week, in his State of the Union address, President Obama called for the creation of personal savings accounts called MyRAs.  These accounts are intended for people without employer-sponsored savings plans and will operate in a similar way to Roth IRA’s, including the advantageous tax treatment.  According to a recent New York Times article by Tara […]

• Taxation

  2013 Legislative Update: Changes to Louisiana Tax Credits

  • December 18, 2013
  • By Allen & Gooch
  

  Louisiana Tax Credits Amended in the 2013 Legislative Session There were many changes to the system of Louisiana tax credits administered by Louisiana Economic Develop in the 2013 Louisiana Legislative Session.  To close out our 2013 Legislative Update series, here are some highlights of changes to the state’s tax credit regime. Louisiana New Market Jobs […]

• Taxation

  2013 Legislative Update: New Tax Credit Registry Administered by LDR

  • December 10, 2013
  • By Allen & Gooch

  New Tax Credit Registry Will Track Credits, Including Transfers In this year’s session, the Louisiana Legislature created a new tax credit registry to be administered by the Louisiana Department of Revenue (LDR) in Act No. 418.  When state agencies issue tax credits, they are now required to send information on the tax credit to LDR, […]

• Taxation

  2013 Legislative Update: Louisiana Energy Tax Credits

  • October 25, 2013
  • By Allen & Gooch
  

  Louisiana Energy Tax Credits Encourage Taxpayers to Go Green In this summer’s session, the legislature made several changes to the Louisiana Energy Tax Credits, particularly those dealing with alternative fuel vehicles, wind energy systems, and solar energy systems.  Individuals and businesses considering investing in these alternative energy products should consult with their tax planning professional […]

• Taxation

  2013 Legislative Update: Louisiana Entertainment Tax Credits

  • October 10, 2013
  • By Clay Allen
  

  Find out how key changes to three of the Louisiana entertainment tax credits could affect and benefit your business.

• Taxation

  2013 Legislative Update: Louisiana Tax Delinquency Amnesty Act

  • September 17, 2013
  • By Allen & Gooch

  The 2013 Louisiana Tax Delinquency Amnesty program provides an opportunity for delinquent taxpayers to catch up with reduced penalties and interest.

• Taxation

  Louisiana Sales Tax on Rental Equipment Repair Parts & Materials

  • September 6, 2013
  • By Allen & Gooch
  

  No Exclusion for Louisiana Sales Tax on Rental Equipment for Repair Parts and Materials In La. Rev. Rul. No 13-003, the Louisiana Department of Revenue addressed the question of whether parts and materials purchased by equipment lease or rental dealers to repair and maintain their lease or rental equipment are excluded from the payment of […]

• Taxation

  Four Louisiana Tax Credits Start-Ups Should Keep Their Eyes On

  • June 4, 2013
  • By Clay Allen
  

  Louisiana offers numerous business incentives to encourage development and growth in key industries and to promote economic development throughout the state. Tax credits are one such mechanism in which the state offers a below-the-line, dollar-for-dollar credit against the company’s tax liability. Many of Louisiana’s credits are both refundable and transferable. Transferability is important because it […]