News+Alerts

LDR announces tax return filing and tax payment deadlines extended for individuals and businesses impacted by severe storms and flooding

IRS announced victims of severe storms and flooding that began May 17, 2021, now have until August 16, 2021, to file various individual and business tax returns and make tax payments.

Louisiana Senate Bill 11 that provides an individual and corporate income tax exemption for certain state and federal COVID-19 relief benefits has been signed by the Governor and enacted effective 6/4/2021. The exemption applies both retroactively and prospectively.

Each year the Louisiana CPA Education Foundation awards scholarships to qualifying accounting majors. See the students who were among the 2021 recipients of scholarships funded by members' generous contributions.

The purpose of this bulletin is to clarify that any filing extension granted by the LDR shall not serve as an extension for time to acquire a tax credit or execute a binding agreement to transfer a tax credit

It has come to our attention that some tax software vendors have been notifying tax practitioners that electronic filing of IRS extensions and payments will not be available after May 17th even for those in disaster areas. We are continuing our advocacy efforts is this area but wanted to ensure you were aware of the issues surrounding the software extension filing issue.

Emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19

Waiver of Electronic Filing Mandate; LDR Bulk Upload for Fiduciary Extensions; more for those Impacted by Hurricane Laura or Hurricane Delta Act 26

Louisiana Tax Implications of $10,200 Unemployment Compensation Exclusion

Tax return filing and tax payment deadlines extended for individuals and businesses impacted by severe winter storms

IRS tax relief for Louisiana severe winter storm victims