Tag: Tax credits
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Emerging Companies and Start-ups
3 Innovative Funding Mechanisms for Small Business
- February 13, 2014
- By Allen & Gooch
There are numerous programs offered by the Small Business Administration (SBA) and Louisiana Economic Development (LED) to help small businesses grow and thrive. Unfortunately, many entrepreneurs are unaware of the opportunities available to their business. Below are three innovative programs that all companies should be aware of: Small and Emerging Business Development Program First, the […]
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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 […]
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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, […]
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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 […]
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Emerging Companies and Start-ups
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.
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Emerging Companies and Start-ups
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 […]