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Content Tagged As income_tax

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  • Income tax audits plummet as IRS loses agents to budget cuts

    March 5, 2017 12:09 PM

    WASHINGTON - As millions of Americans file their income tax returns, their chances of getting audited by the IRS have rarely been so low. The number of people audited by the IRS in 2016 dropped for the sixth straight year, to just over 1 million. The last time so few... more »
  • Income tax overhaul proposed Play Video

    February 15, 2016 8:35 PM

    BATON ROUGE- A number of proposals for a revised income tax system are on the table at the state capitol. It's part of an effort to solve the state's budget crisis. Governor Edwards' administration wants to lower to income taxes for everyone while reducing deductions. In one plan,... more »
  • State income tax filing begins Tuesday

    January 19, 2016 9:51 AM

    BATON ROUGE- State income tax filing begins on Tuesday. Taxpayers are able to file their taxes on paper or electronically. The average return time for returns filed electronically is up to 60 days. For paper returns, taxpayers should expect to wait about 12 to 14 weeks. The Department of Revenue... more »
  • Prairieville woman arrested for tax fraud, theft

    June 26, 2015 7:46 AM

    BATON ROUGE- A Prairieville woman has been arrested on dozens of felony charges for a criminal scheme that yielded tens of thousands of dollars in fraudulent state income tax refunds. The state Department of Revenue, in a news release, said Heather Dixon was booked Thursday on 20 counts each of... more »
  • Budget gets a boost from improved state revenue forecast

    May 14, 2015 3:42 PM

    BATON ROUGE - Lawmakers have more money to close budget shortfalls after the state income estimating panel added nearly $179 million to two years of financial forecasts. The Revenue Estimating Conference made the changes Thursday, boosting the state general fund forecast for this year by more than $99 million and... more »
  • State income tax filing deadline Friday

    May 13, 2015 4:28 AM

    BATON ROUGE- The deadline for filing 2014 Louisiana individual income tax returns is Friday. Taxpayers needing more time to prepare their returns must submit an extension request by the filing deadline to avoid late-filing penalties. The Louisiana Department of Revenue recommends electronic filing for taxpayers for the fastest, most error-free... more »
  • Rep. Norton: Jindal needs to realize what's going on Play Video

    March 13, 2015 7:11 PM

    BATON ROUGE- State Representative Barbara Norton wants to reinstate half of the Stelly Plan, the repealed law that increased income taxes on wealthy individuals while reducing sales taxes mostly affecting the poor. In a bill pre-filled for the upcoming legislative session, the Shreveport Democrat wants to repeal individual income... more »
  • IRS: Your chances of getting audited lowest in a decade

    February 24, 2015 12:34 PM

    WASHINGTON - The IRS says budget cuts forced the agency to reduce the number of tax audits last year to the lowest level in a decade. In 2014, fewer than 1 percent of individual tax returns were audited, the lowest rate since 2004. IRS Commissioner John Koskinen says the number... more »
  • Super help with filing on Super Tax Day Play Video

    February 5, 2015 7:42 AM

    BATON ROUGE - The scramble is on to get your tax returns ready. If you're stressing out, there's a way for you to receive free assistance. Capital Area United Way is hosting their annual Super Tax Day this weekend. Kendall Hebert joined us on 2une In this morning with the... more »
  • Program offers free tax filing help to B.R. residents

    February 2, 2015 11:03 AM

    BATON ROUGE - With tax season entering full swing, Mayor-President "Kip" Holden's Office of Social Services is offering free help from IRS-certified workers to assist Baton Rouge residents in filing their federal and state taxes. The service is offered through the Volunteer Income Tax Assistance program, which offers free... more »
  • Man charged for thousands in fraud

    January 31, 2015 4:03 PM

    BATON ROUGE - A Virginia man faces felony charges in Louisiana for allegedly stealing thousands in illegally obtained state income tax refunds. Charles Lawrence Fisher, of Palmyra, Virginia, is accused of submitting Louisiana individual income tax returns in the names of two unsuspecting Louisiana residents and directing the refunds to... more »
  • Supreme Court on income taxes

    November 12, 2014 7:53 PM

    WASHINGTON- How states can assess income tax on money residents earned out of state is being considered by the Supreme Court which could impose new limits. A lawyer for the state of Maryland argued his state's tax on out-of-state earnings passes constitutional muster but some justices appeared skeptical Wednesday.... more »
  • Lawmakers refuse to hear income tax repeal bills Play Video

    April 15, 2013 10:40 AM

    BATON ROUGE - The state House Ways and Means committee said today they would defer all income tax repeal bills for this session, essentially killing Governor Bobby Jindal's main plan for tax reform. Committee chair Joel Robideaux (R-Lafayette) said such bills already scheduled for a hearing would still be... more »

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