Content Tagged As income_tax

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  • Tax evader apologizes

    June 3, 2014 8:00 PM

    PLAINFIELD, NEW HAMPSHIRE- A woman who went to prison for holding U.S. Marshals at bay months after she was convicted of tax evasion apologized to her hometown. Elaine Brown and her husband were convicted in 2009 for plotting to kill federal agents during a standoff at their house. They... more »
  • Regular post office hours for tax day

    April 15, 2014 11:30 AM

    BATON ROUGE - U.S. Post Offices in Baton Rouge are keeping their regular hours for Tuesday. Tuesday is the deadline to file federal income taxes. Those filing by mail have to have them postmarked by April 15. The IRS says many people don't realize that if you're owed... more »
  • Man arrested on 23 counts of tax fraud

    February 18, 2014 11:41 AM

    BATON ROUGE - An Alabama man has been arrested in Baton Rouge for filing false state income tax returns in Louisiana. Investigators say John Nikolakis received nearly $32,000 in refunds by filing false returns over the last four plus years. He faces 23 counts of filing false public... more »
  • Deadline to file La. taxes is Wednesday

    May 13, 2013 11:13 AM

    BATON ROUGE - The deadline for filing 2012 Louisiana individual income tax returns is Wednesday. The state Department of Revenue says filing can be made electronically and more information is available at the department's website, www.revenue.louisiana.gov/fileonline. Officials say the average refund processing time for electronic returns is 10 business days;... more »
  • Legislative fiscal analysts question Jindal budget Play Video

    April 15, 2013 6:53 PM

    BATON ROUGE - Senators opened their budget hearings with questions raised about financing plans proposed by Gov. Bobby Jindal to balance next year's budget. Members of the Senate Finance Committee heard Monday from analysts with the Legislative Fiscal Office about the 2013-14 budget proposal. Fiscal office analysts say the governor's... 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 »
  • Obama pays $112k in 2012 taxes on $609k of income

    April 12, 2013 1:12 PM

    WASHINGTON - President Barack Obama's 2012 tax returns show he and first lady Michelle Obama paid $112,214 in taxes last year on $608,611 in adjusted gross income. They paid an effective rate of 18.4 percent for their federal income taxes. The adjusted gross income figure is down from 2011, when... more »
  • No new details on income tax elimination from Jindal

    February 21, 2013 5:15 PM

    BATON ROUGE - Gov. Bobby Jindal gave no new details today on his plans to eliminate the state's income tax when he preview his proposed budget plans for next year. Jindal said he is still meeting with legislators to discuss revenue-neutral solutions to eliminating the state income tax, and... more »
  • Governor talks tax plan, doesn't elaborate Play Video

    February 14, 2013 10:07 PM

    BATON ROUGE- Governor Bobby Jindal talked about his plan to cut state income taxes Thursday, but didn't elaborate on specific details. Jindal plans to have a proposal ready for the upcoming annual meeting of lawmakers in Louisiana. He said while there is no concrete plan yet, he has... more »
  • La. taxpayers have choices for state income tax refunds

    February 7, 2013 2:14 PM

    BATON ROUGE- Taxpayers in Louisiana can now choose between methods to receive their state income tax refunds. Taxpayers who file electronically can select direct deposit, a paper check, or the Louisiana MyRefund Card, a pre-loaded debit card that can be used to withdraw cash at ATMs or bank teller... more »
  • Romney: 'Great divide' exists over tax philosophy

    September 18, 2012 4:51 PM

    SALT LAKE CITY - Republican presidential nominee Mitt Romney says there's a "great divide" in the country between those who want to take wealth and pass it around and those who want to earn money for themselves. In an interview Tuesday with Fox News Channel, Romney said redistributing wealth is... more »
  • Taxpayers have 10 days to claim income tax refund

    August 15, 2012 8:52 AM

    BATON ROUGE - Thousands of taxpayers have yet to claim their state income tax refunds and the state's revenue agency says millions of dollars will become unclaimed property if they don't claim the money soon. The Louisiana Department of Revenue says they've notified more than 7,000 taxpayers that they... more »
  • La. taxpayers receive $420 million in state income tax refunds Play Video

    April 6, 2012 3:20 PM

    BATON ROUGE - The Louisiana Department of Revenue (LDR) has issued more than 1 million individual income tax refunds for income tax returns submitted for the 2011 tax year. As of Thursday, LDR had issued 1,012,143 individual income tax refunds for a total amount of $419,965,483.23. The average... more »
  • Stelly Plan reappears in La. statewide elections

    October 3, 2011 4:19 PM

    BATON ROUGE - Three years have passed since lawmakers reversed the income tax hikes of the tax swap plan known as the Stelly Plan, but the issue isn't dead, becoming a key point of attack in two statewide races. The Stelly Plan, a sweeping package named for its legislative... more »
  • Sales tax holiday set for August

    July 18, 2011 3:05 AM

    BATON ROUGE- Louisiana's annual sales tax holiday is scheduled for Aug. 5-6. During those two days, the first $2,500 of the purchase price of eligible items is exempt from the 4 percent sales tax. The items are largely for personal, non-business use. Vehicle purchases aren't covered by the holiday. Neither... more »
  • State income taxes could be phased out

    June 13, 2011 5:45 PM

    BATON ROUGE- The La. House Ways and Means Committee approved a bill repealing state personal income taxes. The ten year phase-out plan received no opposition. The bill by Rep. Rob Marionneaux, D-Livonia, calls for a four percent cut starting in 2014. Marionneaux said cost-cutting measures could be put... more »
  • La. income tax repeal revived, sent to full House

    June 13, 2011 12:08 PM

    BATON ROUGE, La. - A proposal to repeal Louisiana's personal income tax has been revived by a House committee. The Senate had changed the bill by Sen. Rob Marionneaux to make it a study, instead of an outright tax repeal, over concerns the loss of billions of dollars could... more »
  • Senate decides to study income tax repeal

    June 7, 2011 5:37 PM

    BATON ROUGE - Senators are considering whether to repeal Louisiana's personal and corporate income taxes. The Senate held a Tuesday debate on Democratic Sen. Rob Marionneaux's idea, which would drain billions annually upon the complete removal of the taxes after 10 years. Marionneaux previously suggested he would recommend... more »
  • Income tax repeal survives Senate budget committee

    June 2, 2011 2:18 AM

    BATON ROUGE- A bid to repeal the state's income tax has survived a Senate committee that was predicted to kill the measure. Instead, the income tax repeal bill is headed back to the full Senate for debate with a surprise 7-3 vote Wednesday night from the Senate Finance Committee. The... more »
  • Senate send income tax repeal to new committee

    May 26, 2011 2:10 AM

    BATON ROUGE- The Louisiana Senate has scrapped a floor vote on a Democratic lawmaker's proposal to repeal the state income tax, and instead shuttled the measure to another committee hearing. Critics of Wednesday's move say it is designed to kill the bill and avoid a difficult vote on the floor.... more »
  • House to consider repealing La. income taxes

    May 24, 2011 9:58 AM

    BATON ROUGE - Proposal to eliminate Louisiana's corporate and personal income taxes are scheduled for debate Tuesday in the state House. The measures by Republican Rep. Hunter Greene, of Baton Rouge, would strip nearly a billion dollars from state coffers in the upcoming fiscal year and about $15 billion... more »
  • Former state senator's law license suspended

    September 28, 2010 5:55 AM

    The Louisiana Supreme Court has suspended the law license of former state Sen. Charles Jones after last month's conviction on federal income tax evasion charges. The Supreme Court granted a request by the state Attorney Disciplinary Board to suspend Jones' license in the interim following his conviction on two counts... more »

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